AEPS Service Provider in India – AEPS Retailer & Distributor

Looking for an AEPS Service Provider in India to start Aadhaar enabled banking services from your shop? Master Recharge Services provides AEPS solutions for retailers, distributors and master distributors across India.

With our digital services platform, eligible retailers can provide supported AEPS banking services to customers from their shop or digital service centre.

Master Recharge Services – Working Since 2016

 

What is AEPS?

AEPS stands for Aadhaar Enabled Payment System. It allows customers to access supported basic banking services using their Aadhaar number and biometric authentication.

AEPS makes it convenient for customers to perform supported banking transactions through an authorized retailer or service point without visiting a bank branch or ATM for every transaction.

The availability and successful processing of a service depends on the customer's bank, Aadhaar linkage, authentication, network availability and applicable banking rules.

 

AEPS Services

Master Recharge Services provides access to supported AEPS services for eligible retailers.

Services may include:

• AEPS Cash Withdrawal

• Balance Enquiry

• Mini Statement

• Aadhaar Pay

• Other supported Aadhaar enabled banking services

Using an AEPS platform, retailers can expand the range of digital and banking related services available at their business outlet.

 

Start AEPS Business with Master Recharge Services

If you operate a mobile recharge shop, computer centre, digital service centre or other eligible business outlet, you can apply to start AEPS services with Master Recharge Services.

After successful registration, KYC verification and account activation, eligible retailers can access available services through the platform.

AEPS can be especially useful for retailers who want to provide convenient basic banking access to customers in their local area.

 

How Does AEPS Work?

The AEPS transaction process is designed to be simple for eligible customers and retailers.

A typical transaction involves:

1. Selecting the required AEPS service.

2. Entering the required customer details.

3. Selecting the customer's bank.

4. Completing Aadhaar based biometric authentication through a supported device.

5. Submitting the transaction for processing.

6. Receiving the transaction status after processing by the applicable network.

Transactions are subject to authentication, bank response, network availability and applicable limits or rules.

 

Become an AEPS Retailer

Master Recharge Services offers AEPS retailer registration for eligible businesses.

By becoming a retailer, you can add supported AEPS services alongside other digital services available through the Master Recharge platform.

This can be suitable for businesses such as mobile and recharge shops, digital service centres, computer shops and other eligible retail outlets.

Benefits of AEPS for Retailers

AEPS allows retailers to expand their service portfolio and provide customers with access to supported Aadhaar enabled banking services.

Retailers can benefit from:

• Multiple services through one platform

• Easy to use service interface

• Transaction and service support

• Access to supported AEPS services

• Additional digital services for customers

• Retailer and distributor network opportunities

 

AEPS Distributor & Master Distributor

If you want to build a network of retailers, you can enquire about joining Master Recharge Services as an AEPS Distributor or Master Distributor.

Distributors can work with their retailer network and provide access to supported digital services according to applicable terms and eligibility requirements.

You can join as:

Retailer | Distributor | Master Distributor

 

Why Choose Master Recharge Services?

Master Recharge Services has been working in the digital services field since 2016.

Our objective is to provide retailers and distributors with convenient access to multiple digital services through one platform.

 

Services Available with Master Recharge

Along with AEPS, our platform provides access to various supported digital services, including:

• Mobile Recharge

• DTH Recharge

• BBPS & Utility Bill Payments

• Micro ATM

• Money Transfer

• IRCTC Railway Ticket Booking

• FASTag Recharge

• Other supported digital services

Service availability and applicable terms may vary.

 

AEPS Cash Withdrawal

AEPS Cash Withdrawal allows an eligible customer to request cash withdrawal from an Aadhaar linked bank account through biometric authentication at an authorized service point.

The transaction is processed subject to successful authentication, bank approval and applicable transaction limits.

 

AEPS Balance Enquiry

With AEPS Balance Enquiry, customers can check the available balance of a supported Aadhaar linked bank account after successful authentication.

This provides customers with a convenient way to access basic account information through an eligible AEPS service point.

 

AEPS Mini Statement

AEPS Mini Statement can allow eligible customers to view supported recent transaction information for their Aadhaar linked bank account.

Availability of the service and information displayed depends on the customer's bank and applicable AEPS network support.

 

AEPS Registration Process

Interested retailers, distributors and master distributors can contact Master Recharge Services for registration information.

The general process may include:

1. Submit registration details.

2. Complete required KYC verification.

3. Complete applicable onboarding requirements.

4. Receive account activation after successful verification.

5. Access eligible AEPS and other digital services.

Registration and service activation are subject to verification, eligibility and applicable terms.

 

Start Your Digital Service Business

Master Recharge Services brings multiple digital services together for retailers and distributors.

Whether you want to start an AEPS business, add AEPS to your existing shop or build a retailer network as a distributor, you can contact us to learn about available plans, registration requirements and services.

Join Master Recharge Services

Retailer | Distributor | Master Distributor

Working Since 2016

Contact us today for AEPS registration and service information.

 

Frequently Asked Questions – AEPS

What is the full form of AEPS?

AEPS stands for Aadhaar Enabled Payment System.

 

How can I become an AEPS retailer?

You can contact Master Recharge Services and provide the required registration and KYC details. Activation is subject to successful verification and eligibility.

 

Can I provide AEPS cash withdrawal from my shop?

Eligible and activated retailers can provide supported AEPS services, including cash withdrawal where available, subject to applicable banking and AEPS requirements.

 

Is Aadhaar required for an AEPS transaction?

AEPS uses Aadhaar based authentication. The customer's account and Aadhaar must meet the applicable requirements of the bank and AEPS network for the requested transaction.

 

Is biometric authentication required?

Supported AEPS transactions generally require Aadhaar based authentication using a compatible biometric device.

 

Can I become an AEPS distributor?

Master Recharge Services provides retailer, distributor and master distributor opportunities. Contact us for current eligibility and onboarding details.

 

What other services can I provide with Master Recharge Services?

Depending on availability, retailers can access services such as Mobile Recharge, DTH Recharge, BBPS, Micro ATM, Money Transfer, IRCTC services, FASTag Recharge and other digital services.

 

Is AEPS available across India?

Master Recharge Services works with retailers and distributors across India. Actual AEPS service availability depends on applicable network, banking, KYC and service requirements.