Instruction for AEPS Agent Registration that Every Admin Must Consider
So here we are with the most indispensable topic that each and every admin must go through at the time of AEPS agent registration.
Aadhar-enabled payment is an automated platform that gives banking services utilizing specific recognition numbers. Nowadays, more than 50% of people in India are utilizing banking via AEPS service.
However, AEPS is an online platform that gives digital banking services, so we should analyze its safety.
To keep it reliable and safer, Roundpay has created a few more safety patterns that aid it to make a top-notch AEPS portal.
So here we will acknowledge AEPS agent enrollment, how an agent can enroll for AEPS service, and at the end which things the admin must consider to evade displeasing activities in the panel.
So it is going to be an excellent instructional article that will undoubtedly aid you to operate your AEPS business steadily and securely.
Without any further ado, let's come to the point.
Also Read: BBPS Bill Pay - Quick Fix for All Municipality Invoices Online
What is AEPS Agent Registration?
To utilize the AEPS service an agent should have to enroll in the admin portal the whole procedure is known as AEPS agent registration.
In the instance of other services such as mobile recharge, agents just have to enroll on the admin portal and get the credentials of the panel.
One can utilize services by just signing in to the panel. But in the instance of AEPS service, one has to go via various security patterns that make certain, an enrolling agent is a rightful person.
Bit-by-Bit Instruction for AEPS Agent Registration
If you are looking forward to setting up your own AEPS business with the most dependable and reliable AEPS panel, you can opt for Roundpay AEPS.
Roundpay is an excellent AEPS service producer organization in India for many years. We have a team of expert and proficient professionals who are adept in creating the most advanced and safe AEPS software in India.
We have to go through 3 security patterns to accomplish AEPS agent registration
· Offline KYC
· On-Boarding KYC
· eKYC
Off-Line KYC
In this offline KYC, agents have to give all their personal information such as first name, last name, mobile number, mail id and scanned copy of their Aadhar and PAN card.
All the details are forwarded to the authority which can check all details and can accept or reject AEPS service requests.
On-Boarding KYC
It is like offline KYC, here the agent has to give all the required information to process the KYC. Here agent doesn't have to give a scanned copy of documents, he has to fill in the information.
eKYC Procedure for AEPS Registration
Finally yet importantly, after finishing this procedure, agents enable to utilize the AEPS service.
To operate AEPS service via eKYC, the agent has to fill Aadhar Card number and has to submit it.
An OTP comes to the enrolled mobile number that the agent has to submit with fingerprint authentication.
In the fingerprint is original, the information of agents will come on screen. You can also keep this eKYC report for further utilization.
So by going through these security measures, we can make certain that the agent's ID is authentic and it is appropriate to utilize AEPS service.
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Ø Steps that should be followed while inducing merchants at your store.
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Agent Enrolled by Authority-
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Ø When the agent is enrolled in your portal, you should keep self-assurance and complete KYC as follows.
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Documents Required -
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Ø Make an Application form on your organization's letter paper that should be filled by the agent.
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Ø Manage all the information mentioned above on your company mail id and also take them physically. |
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Ø If the agent is enrolled by your state authority, the Master provider, and provider also gather the same information on your company mail id or at your office space.
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Ø If you will go through these steps which are mentioned above for agent enrollment then we can make certain to diminish the AEPS fraud cases or NPCI Penalty. |
By going through all the guidelines you can evade AEPS sharp practice 100% because if you have all information, and you are finishing the KYC of your agent by his physical location, he will never try to do these types of things.
Conclusion
Hope you have acknowledged the essential steps that you must consider as an admin. If you have any questions related to AEPS service or you are looking to set up your own AEPS business and are bewildered in opting for the excellent company, go through our website or apply for a free-of-charge live demo.