BHIM Aadhaar Pay (AEPS)

BHIM Aadhaar Pay (AEPS)

BHIM Aadhaar Pay enables merchants to receive payments through biometric authentication of customers, provided their bank accounts are linked to their Aadhaar number. The biggest advantage of this method of payment is that the consumer would not need a credit or debit card, or even a smartphone to make the payment.

Aadhaar Pay works on any Android phone configured with the bank’s Aadhaar Pay application, with an STQC certified biometric fingerprint scanner attached. Customers can easily complete the payment transaction by providing his/her Aadhaar number and biometrics.

The bank could equip their merchant customers with the bank’s Aadhaar Pay application to enable them to receive payments through Aadhaar Pay, thereby reducing the need for cash transactions. This would provide convenience (cashless and cardless payments), address safety issues related to loss or theft of cash or cards, provide traceability for all transactions and provide convenience.

Precision provides STQC certified Biometric Fingerprint Scanners, the necessary SDKs, solution integration, implementation and support services.