Product Details:
Product Type | Micro Atm |
Material | Plastic |
Charge Time | MONTH ONCE TIME |
Connectivity | BLUETOOTH |
Number Of Keys | 20 |
Product Details:
Minimum Order Quantity | 1 Piece |
Business Usage | for Distributors |
Type | Automatic |
Deployment | Online / Cloud-based |
Money Deposit/Withrawal | Easy Cash Withdrawal |
License Duration | Lifetime |
Device Compatibility | Mobile & PC |
Model Name/Number | ICICI AEPS PROVIDER |
AEPS Device Included | AEPS Software without Device |
Transaction Limit | Rs 10000 per Transaction |
Transaction Charges | Rs 3 per Transaction |
Brand | WEP |
Balance Inquiry | Mini Statement |
Download Option | Free trial & download available |
Supported Platforms | Windows, Android |
Key Features | Data Security, Government Logs/Documentation, Payment Processing, API Monitoring |
Languages Supported | English |
Country of Origin | Made in India |
In order to further speed track Financial Inclusion in the country, Two Working Groups were constituted by RBI on MicroATM standards and Central Infrastructure & Connectivity for Aadhaar based financial inclusion transactions with members representing RBI, Unique Identification Authority of India, NPCI, Institute for Development and Research in Banking Technology and some special invitees representing banks and research institutions.
The working group on MicroATM standards & Central Infrastructure & Connectivity has submitted its report to RBI. As a part of the working group it was proposed to conduct a Lab level Proof of concept (PoC), integrating the authentication & encryption standards of UIDAI, to test the efficacy of MicroATM standards and transactions using Aadhaar before they are put to actual use. The PoC was successfully demonstrated at various venues.
AePS is a bank led model which allows online interoperable financial inclusion transaction at PoS (MicroATM) through the Business correspondent of any bank using the Aadhaar authentication.AePS allows you to do six types of transactions.
The only inputs required for a customer to do a transaction under this scenario are:-
Aadhaar Pay is a payment system which allows merchants to collect payments from a customer using his Aadhaar number and biometric authentication. The Aadhaar seeded account of the customer gets debited and merchant account gets credited.
Additional Information:
Product Details:
Minimum Order Quantity | 1 Piece |
Features | Automatic Domestic Money Transfer AEPS Mini ATM Machine |
Country of Origin | Made in India |
Additional Information: