Aadhaar Card: If you also want to make digital payment. But who has to pay. He doesn’t have any phone or UPI address then there is a better option for you. You can also transfer money from Aadhaar number. In this case, you can transfer money from one account to another through Aadhaar number.
Aadhaar Card: Aadhaar card is issued to every citizen of the country. Aadhaar Card is not used only as an identity card. Rather, with its help, you can also withdraw money. BHIM users can send money to other users using Aadhaar card number. Digital financial transactions have been given a big boost in India since the Kovid-19 virus. Now you can transfer money from one account to another only through Aadhaar number. You can do digital transactions with the help of Aadhaar Enabled Payment System (AePS).
This system has been developed by National Payment Corporation of India (NPCI) to transfer money from one account to another through Aadhaar number. This system can do transactions by verifying with Aadhaar number, iris scan and fingerprint. This system is considered to be a very secure option as it does not require bank details.
Aadhar card must be linked with bank account
If you want to take advantage of this service, then it is very important for the Aadhaar card bank to be linked to the bank account. If your account is not linked to the bank, then you will not be able to withdraw money from this system. No OTP or PIN is required to transact under this system. One Aadhaar card can be linked to multiple bank accounts. You can do many types of transactions through AePS. Apart from this, banks can check balance, deposit money and transfer funds from Aadhaar to Aadhaar. At the same time, you can also take advantage of the facilities like mini bank statement and e-KYC, best finger detection etc.
Know how to use AePS system
- First of all go to your nearest bank.
- Now enter the 12 digit Aadhaar number in the OPS machine
- After that select any one service like Withdrawal, Deposit, KYC and Balance Inquiry etc.
- Now enter the name of the bank and the amount to be withdrawn
- After this verify the biometric transaction. after which money can be withdrawn
