RapiPay Bridging The ATMs Gap In The Country With AePS And Micro ATM Services - GADGET-INNOVATIONS
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RapiPay Bridging The ATMs Gap In The Country With AePS And Micro ATM Services

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Targets to reach over 1 crore customers with the new AePS offer offers the highest ever commission on AePS services



With an endeavour to drive financial inclusion deeper into the country, RapiPay Fintech Private Limited recently launched a nationwide offer that gives the highest ever commission on AePS services for its agents - RapiPay Saathis. The offer is applicable till Mid-January ’21.


The RapiPay Aadhaar-enabled payment system empowers all segments of the society by making cash withdrawal services accessible with an Aadhaar card. This highly secured and user-friendly system ensures that you can withdraw money, make payments, and download account statement through RapiPay Saathis anywhere anytime. 


The RapiPay AePS not only enables customers with the ease of banking services but also offers agents the best commission in the industry. The company will be giving an incremental commission of Rs 3 per transaction which is the highest ever in the Aadhaar ATM industry.


During the early COVID-19 period, ATM withdrawals halved and AePS transactions surged by 153%. With fewer and far ATM penetration in interior parts of the country, demand for AEPS & micro-ATMs surged due to doorstep services provided by Banking Business Correspondents. AePS and Micro ATM services facilitated millions of customers for cash withdrawals of the benefits they avail under Jan Dhan Yojana, PM-Kissan Samman Nidhi, Pradhan Mantri Garib Kalyan Scheme and many more.


In its quest to contribute towards the national goal of achieving Financial Inclusion, RapiPay aims to make banking and financial transactions (Domestic Money Transfer, AePS, Micro ATM, etc) seamless and approachable for end consumers, especially the marginalised population in Tier 2 & Tier 3 cities.






Mumbai, 3rd Dec 2020






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