If you're looking for a business that requires minimal investment, has a wide customer base, and provides high returns, then Aadhaar-enabled Payment System (AePS) is a perfect solution for you. Owning an AePS business is easy and convenient, and BANKIT is one of the most popular and reliable options available for providing AePS services.
What is AePS?
AePS is a payment system that allows customers to use their Aadhaar number and biometric authentication for cash withdrawals and deposits, balance inquiry, and fund transfers. This service is especially beneficial for customers who do not have access to traditional banking services, as it can be used at AePS-enabled outlets such as grocery stores, small shops, and other retail outlets.
Know more about AePS Cash Withdrawal.
Benefits of AePS BusinessStarting an AePS business can be a great way to tap into the growing demand for digital payments in India. Here are some of the benefits of starting an AePS business:
- Easy to set up: Starting an AePS business does not require a lot of infrastructure or investment. You can start with just a smartphone and a biometric device.
- High demand: As more and more people in India are embracing digital payments, the demand for AePS services is growing rapidly. This means there is a huge potential market for your business.
- Financial inclusion: AePS can help promote financial inclusion by allowing people who do not have access to traditional banking services to make digital transactions.
- Convenient for customers: AePS allows customers to make transactions using their Aadhaar number and fingerprint, which is more convenient than carrying cash or remembering passwords for other digital payment methods.
How to get AePS Service with BANKIT?
Starting an AePS business can be a profitable and socially beneficial venture, especially in a country like India where digital payments are rapidly gaining popularity. Here's how you can get started with BANKIT.
Through the BANKIT Website
- Visit the BANKIT website: Go to the BANKIT website- bankit.in and click on the "Sign Up" tab on the homepage.
- Fill in details: Provide your details, such as your name, email address, mobile number, and location, and click on the “Submit” button.
- Choose a plan: Once you have signed up, you can choose a plan that suits your business needs. BANKIT offers different plans based on how much you want to increase your monthly income or to what extent you want to expand your business. So, choose your plan for AePS called “Agent ID with Mantra MFS100 Biometric Device”.
- Make a payment: Once you have selected a plan, you can make the payment using the available payment options like net banking, debit/credit card, or UPI.
- Complete KYC process: To comply with the RBI guidelines, you need to complete the KYC (Know Your Customer) process. You will receive an email with the list of KYC documents required, which you need to send to complete your KYC process. This process is mandatory for all AePS agents, and it involves verifying your identity, address, and other details.
- Start Providing AePS Services: After the completion of your KYC, you can start providing AePS services to your customers. You can offer cash withdrawals, deposits, balance inquiry, and fund transfers. With BANKIT, you can offer these services at competitive rates, making it easier for you to attract more customers.
Through the BANKIT Agent App
- Download the App: Download the official BANKIT Agent App available on Play Store- https://bit.ly/3hc and proceed with the “Create new account” button at the login screen and follow the registration steps.
If you're looking to provide AePS services and establish a cash withdrawal business, BANKIT is the ideal solution for you. By becoming an authorized BANKIT Agent, you can earn profits right from the outset. Don't wait any longer, start your journey to financial success today with BANKIT.