By | 25/12/2023

AEPS Debit Facility Disabled Solution 2024 How to Start and Stop Aadhaar Enabled Payment System (AePS) – The National Payments Corporation of India has directed all banks to stop the AEPS Debit Facility for Accounts. In another hand, NPCI issued guidelines to disable the AEPS Debit Facility in everyone’s bank account. Hence, A huge number of users received the AEPS Facility Disabled message from Indian Bank and other Major Banks. The Bank account Holders are requested to contact their home branches to enable the AEPS facility. Likewise, the AePS Debit Facility allows users to conduct transactions on a micro-ATM by giving their Aadhaar number and biometric information. 

Similar to international transactions on cards which are mandatorily blocked at the time of issuance of the card NPCI wants banks to take explicit consent from customers regarding offering this service. 

AEPS Debit Facility Disabled- What is NPCI & AEPS 

Well, the NPCI stands for ‘National Payments Corporation of India’ who is the support of India’s digital payment system. However, NCPI is a large digital hub that is connected to various other banks, ensuring quick and secure transfer of money from one person to another. This has created a unique way to send money fast. Even, people living in remote and rural areas can transfer or receive money which plays an important role for financial inclusion.

Furthermore, the AEPS stands for Aadhaar Enabled Payment System. It is a type of payment system that has been developed by the NPCI. In addition, it permits individuals to make use of an Aadhaar number (12 Digit ID given to Indian Citizens) with biometric details such as as fingerprints or iris scans for any transactions related to finance. Generally, AEPS starts by the National Payments Corporation of India which allows its users to facilitate ease of access of balance inquiries, cash deposits and fund transfers. Hence, those individuals who don’t access traditional banking facilities can take maximum benefit from it. 

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Why AePS debit Facility is Disabled by NPCI 

According to the news, the ApES debit facility is disabled in your account then you have to contact your home page. There are many reasons that the AEPS Debit Service is restricted by NPCI. 

  • NPCI wants people to register their Aadhaar Card Numbers with their bank account by visiting the home branch. 
  • Another reason behind it is to minimize AePS fraud to help and keep India residents safe. 
  • To establish the foundation for an extensive range of banking services enabled by Aadhaar. 
  • To enable seamless and secure interoperability between different banks. 

How to Start AEPS Debit Facility in Your Account

The process of using AePS involves several steps. first of all users visit a point of sale (PoS) or micro ATM that supports AePS and gives their Aadhaar number and biometric details. Thus, the PoS or micro ATM verifies the user’s identity using the Aadhaar authentication and authorises the transaction. The user can then perform various banking services such as cash withdrawal, balance inquiry, fund transfer etc using their Aadhaar-linked bank account. The User does not need to share their bank account details or PIN during the transaction, enhancing privacy and security. 

AEPS Debit Facility Disabled Solution

How to Stop AEPS Debit Facility Disabled in Your Account

As people across India can easily access digital payment with the Aadhaar Enabled Payment System. Some people need to disable this facility because of many concerns. Follow the below steps to stop the AEPS debit facility in your account. 

Users visit Bank: 

  • Reach out to your bank (India Bank/Allahabad Bank, HDFC, SBI, Axis Bank, PNB, ICICI, Kotak Mahindra) etc. 
  • They need to give your Aadhaar Number and other useful documents. 
  • Once the bank verifies your identity, you can request to disable the AEPS facility in your account 

Benefits of using AePS Debit Facility Disabled 

There are several benefits of using AEPS. It is a user-friendly and secure payment method that allows users to access their bank account using their Aadhaar number and biometric authentication. It is interoperable across various banks and enables users to transfer funds between bank accounts. Moreover, it encourages financial inclusion and serves the underbanked sections of society by giving them access to banking services and enabling digital financial transactions. You can ask any doubt about AEPS Debit Facility Disabled using below comment box. 

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