AEPS (Aadhaar Enabled Payment System) and Aadhaar Pay are turning ordinary Indian shops into mini bank branches. If you're a retailer wondering what these actually do and how to earn from them, this guide covers everything.
AEPS in Simple Words
AEPS lets any bank customer withdraw cash, check balance or transfer money using only their Aadhaar number and fingerprint — no card, no PIN, no phone. Read the technical spec on the NPCI website.
Aadhaar Pay in Simple Words
Aadhaar Pay is the reverse — the customer pays you using their Aadhaar + fingerprint. Money moves from the customer's bank account to your merchant account instantly.
What You Earn Per Transaction
| Transaction Type | Retailer Commission (approx) |
|---|---|
| Cash withdrawal ₹100 – ₹1,000 | ₹5 – ₹8 |
| Cash withdrawal ₹1,001 – ₹10,000 | ₹8 – ₹12 |
| Balance enquiry | ₹1 – ₹2 |
| Mini statement | ₹1 – ₹2 |
| Aadhaar Pay (per ₹100) | ₹0.30 – ₹0.50 |
Hardware You Need
A smartphone or laptop with internet, plus a STQC-certified biometric device (Mantra, Startek, Morpho). One-time cost: ₹2,000 – ₹3,500.
Security & Regulation
Every AEPS transaction is authenticated by UIDAI in real-time. No fingerprint data is ever stored on your device — it's encrypted and sent to UIDAI servers for match. As a retailer you never see the customer's balance, only the transaction receipt.
Common Errors and Fixes
- Biometric mismatch — clean the sensor, ask customer to press firmly
- Insufficient funds — customer's bank balance is low
- Bank downtime — retry after 15 minutes or use a different linked bank
- Daily limit reached — most banks cap AEPS at ₹10,000/day per customer
Start With YoursPay
Get onboarded with a YoursPay Retailer ID and start offering AEPS + Aadhaar Pay from your shop in 48 hours.
Frequently Asked Questions
Is AEPS safe for customers?
Yes. Transactions are authenticated by UIDAI using biometric + Aadhaar, and every successful transaction sends an SMS to the customer's registered mobile number.
Can a customer withdraw from any bank via AEPS?
As long as their bank account is Aadhaar-linked, yes. This includes almost every scheduled commercial bank and most cooperative banks.
What is the daily withdrawal limit?
Typically ₹10,000 per customer per day, subject to the customer's bank policy.
Talk to a YoursPay advisor — visit our Hasthampatti head office in Salem or call +91 98945 76238. First consultation is always free.