Building a cashless nation has been one of the key focuses of recent governments and the same has been heavily promoted in Digital India paradigm. For some time Aadhar has played the role of key identity document and replaced all other Government IDs. Although Aadhar is no more mandatory, but if you have one, you can do Banking transaction in a faster and far easier manner.
Aadhar enabled Payment System, also known as AEPS is a bank led model that allows to transaction online at Point of Sales (POS) and other devices through a Business Correspondent such that various banks are inoperable without any hassles. Now you can have an account in any bank and transact through this system to any bank in real time. Just a few clicks, and your transaction will be done. Since your Aadhaar number is 100% unique to you only, there is no chance of a mismatch or fraud transaction. Your Aadhar Card combined with your UIDAI authentication linked to your bank account, makes sure that your transaction is safe and fraud free. At V-Money, our transaction process and professional staff adds on a layer of security by making sure that your information and transaction details are not shared by anyone.