How to Start Aadhar Card Money Withdrawal Business?

Are you planning to start your own aadhaar card money withdrawal business and looking for best opportunity then this is for you?

Here I will tell you what is Aadhar card money withdrawal business and who can start this business. So if you have bored to 9 to 5 life, and want to be get rid of it then don’t miss a single line. Here I am gonna tell you step by step process to start your own aadhar card money withdrawal business.

So without wasting time, I come to the point. First we will discuss about Aadhar card money withdrawal business and process. If you don’t ever listen cash withdrawal using aadhar card then read it carefully first.

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Aadhar card money withdrawal or AEPS is the new age of cashless payment. Aadhar enable payment system allows bank customers to use basic banking services through Aadhar card. By using AEPS service, bank customer can withdrawal money, check mini statement, balance enquiry using aadhar card. That’s why this is known as aadhar card cash withdrawal. To withdraw cash through AEPS, customer’s bank account link with individual aadhar card. If customer has more than one account, it must withdrawal with primary account.Add paragraph text here.

Anyone whose bank account linked with aadhar card can use AEPS service. Learn step by step guide to withdraw money from bank account through aadhar card.

• Visit your nearby BC (Business Correspondent) or bank mitra
• Enter 12 digital Aadhar card number in AEPS software
• Choose the transaction type (For ex. Cash Withdrawal)
• Select your bank name
• Enter the amount which you want to withdraw
• Authenticate your account through biometric finger-print
• If all the details correct, transaction completed in seconds
• Now you can also receive receipt from Business correspondent

So these are all steps which you can follow to withdraw money through aadhar card.

To start aadhar card cash withdrawal business, you don’t need to be from any technical background. Either you are a college pass out, a shopkeeper, doing job, or have a small office and want to start business then this is for you. Anyone can start this business either he/she is from rural area or urban area.

To start AEPS business, you need an AEPS service provider, who offers you software and service for your business.

There are many AEPS service portal provider companies in India who claim to be best. I would like to suggest you to choose best AEPS service provider company in India.

But before this, you have to follow all these following steps so that you don’t have to face any legal problem in future.

• Register your company name in MCA
• Get GST number for your business
• Get TIN number
• Register domain name of your business brand
• Hire best hosting service

Now after completing all steps, you required an AEPS portal, through which you can offer AEPS service to your members.

In the last topic we have discuss which steps you must complete before start AEPS business. After complete all these legal formalities now you required an AEPS service provider company which facilitate you software for AEPS.

This is very important step which you must take carefully if you want to run your business successfully. As I told you, there are many AEPS portal provider companies which claim to be best. But how would you know which is best for you?

Don’t worry, I will help you. Make sure all following points before selecting any service provider for your business.

• Company must be registered in MCA 
• Research about company services
• Talk to their clients either they provide good service
• Check out market brand value
• Portal must be standard level not white label
• Check out AEPS commission
• Make sure all advanced services integrated
• Make sure they are providing instant real-time settlement
• Check out is their portal have security feature

So these all are points which you must check out before choosing any service provide for your aadhar card money withdrawal business.

So here we learned what aadhar card money withdrawal business is, how can you withdrawal money using aadhaar card, who can start business and how to choose best AEPS service provider company in India.

I hope this article is helpful for you. If you like this article, must share on social media with your friends and family. If you want to learn more about AEPS business and software must visit my blog or apply for a free live demo.