Our country is moving towards digitalization and AEPS is a big player in the path of it. In this article, I will explain you the detailed blueprint of starting an AEPS company.
Yes, here we will discuss all the required steps to start your own brand digital business. So without wasting time, I come to the point.
Overview of AEPS
AEPS full form is Aadhaar enabled payment system. It is also known as Aadhaar banking system because it is based on Aadhaar authentication. A member whose Aadhaar card is linked with a bank account can use this system and perform banking transactions hustle-free.
The vision behind launching the AEPS service is to penetrate banking in underprivileged areas of India where banks and ATMs are not available. Installing banks and ATM was a very expensive process, that’s why NPCI started AEPS service that is a comparatively very cost-effective method.
AEPS is a central regulatory system that is supported by all banks under NPCI. To explore this system, NPCI designed this model in a manner where anybody can provide banking services and in-return bank provide them commission.
NPCI planned that any retailer, Kirana shop or emitra can provide this service to customers. This master plan worked and today AEPS not only offering AEPS service all over India but also generating millions of business opportunities.
In this article, here we will discuss how anyone who has mobile and internet can start an AEPS Company.
Guide to Start AEPS Company
Here we will discuss all required points in brief that you must go through to start AEPS company. In the next block, we will explain all points. Ok.
- Find Out Best AEPS Software Developer
- Get Complete Demo of AEPS Software
- Reach to a Final Decision After Market Research
- Choose Domain Name for Business
- Complete All Legal Formalities
- Choose Attractive Design for Software Layout
- Get Complete Manual training
- Create Packages for Your Members
- Create Members
10.Earn Commission
So these are all important points through which you have to go in the path of starting your own brand AEPS company.
Now we will discuss all points in detail. If you have any queries, you can ask in a comment. Ok.