Service Details

BBPS

To operate this portal, a person has to undergo verification process such as Aadhaar card with fingerprint scanning or card swipe option. Once verified, he or she will be able to select options for various transactions like cash deposit, fund transfer, eKYC based saving account, Aadhaar seeding, cash withdrawal, balance enquiry and service request acceptance. Note, these options can be different depending upon banks or fintechs.

How Does BBPS Work?

To operate this portal, a person has to undergo verification process such as Aadhaar card with fingerprint scanning or card swipe option. Once verified, he or she will be able to select options for various transactions like cash deposit, fund transfer, eKYC based saving account, Aadhaar seeding, cash withdrawal, balance enquiry and service request acceptance. Note, these options can be different depending upon banks or fintechs.

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Features & Benefits of BBPS:

You can accept debit cards as a mode of payment for your primary business
You can carry out banking services for all banks such as money transfer, balance enquiry and cash withdrawals using AEPS, Cash @PoS and bank account-opening (soon to-be introduced)
Recharges and bill payment services for all the telecom operators and utility providers can be carried out
A complete banking experience to your customers
Increase footfall which in-turn will increase your core business
Additional revenue, needless of extra setup
Earn on every transaction

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