Let me tell you about the aeps or what is aeps system.. Basically aeps run aadhaar system . Which of the people linked the aadhaar with bank account. It means using the aadhaar account holder can withdraw the money using fingerprint. That's why aeps full form is aadhaar enable payment system.
In this poets I gonna talk about a system. A lot of retailers facing issue in this . When retailers enter the amount and holders place fingerprint, that time it's got failed means transaction failed.
Some customer with asking the customer they used to withdraw more money than customer asked. Like if you go to the retailers and you tell him to withdraw 1000 rs through aeps. You give them aadhaar number and retailer enter 1010 rs and when you placed figer . The amount 1010 deducted from your account and he give you 1000 rs means he 10 rs withdraw extra. If you mobile number is registered and you will get message for the transaction but if your mobile number is not registered then you can't get any messages. So According to new rule any retailer enter 1010 or not multiple of 50 it will be failed. That is I told briefly in this video. Hope you gonna like the video...
That is I told briefly in this video. Hope you gonna like the video...
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