1. AEPS will allow interoperability among different systems adopted by different banks in a safe and secured manner.
2. AEPS enables bank customers to access their Aadhaar linked bank accounts through the Aadhaar authentication.
3. Customers can find out their account balance, deposit cash, withdraw money and transfer funds to other Aadhaar linked bank accounts through the help of business correspondents of any bank.
3. The only inputs required from a customer for a transaction are the Aadhaar number and fingerprint captured during the enrolment.
4. AEPS will allow interoperability among different systems adopted by different banks in a safe and secured manner.
5. AEPS is aimed at empowering the marginalised and excluded segments to conduct financial transactions through micro ATMs deployed by banks in villages.
