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AePS

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Agent-based payment platform enabling secure banking transactions via Aadhaar.

Overview

AePS operates in the agent-based payments sector, offering a platform that allows authorized agents to facilitate various financial transactions for consumers. These transactions include cash withdrawals, money deposits, balance checks, and mini statement services. The company targets banks and financial institutions in India and utilizes the Aadhaar number along with UIDAI authentication to improve access to digital payment services, especially for individuals in remote or underserved areas. The platform features secure and encrypted API solutions to ensure transaction safety, and it includes real-time settlement capabilities and a competitive commission structure to enhance operational efficiency. By linking consumers with essential banking services through a network of physical agents, AePS aims to provide convenient and secure financial transaction options.

Key facts

Founded
2018
Headquarters
Jaipur, India
Sector
Payments

Business model

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About AePS

What does AePS do?

AePS operates in the agent-based payments sector, offering a platform that allows authorized agents to facilitate various financial transactions for consumers.

Where is AePS headquartered?

AePS is headquartered in Jaipur, India.

When was AePS founded?

AePS was founded in 2018.

Which sector is AePS in?

AePS operates in Payments, part of Financial Technology.

Who are AePS's competitors?

Companies similar to AePS include AepsAPP, MS Payment, and SPS Info.