How to Use AEPS API for Easy Payments

India’s fintech environment is changing quickly and the Aadhaar Enabled Payment System (AEPS) has become a game changing way to make banking safe and easy. AEPS lets people do banking transactions with just their Aadhaar number and fingerprints, so they don’t need a physical card or signature. Adding the AEPS API is a great way for companies and developers to offer smooth digital payment services, especially in semi urban and rural areas where it’s hard to get to traditional banks.

This guide talks about how to use the AEPS API for easy payments, covering everything from getting to know the technology to integrating it, ensuring it works, and putting it into use.

Learning About AEPS and Its Advantages

AEPS is a project by the National Payments Corporation of India (NPCI) that lets people use their Aadhaar to do basic banking tasks like withdrawing cash, checking their balance, getting a mini-statement, and transferring money. Micro ATMs and other gadgets that can use fintech only need the user’s Aadhaar number and fingerprint to give these services to them.

The best thing about the Aadhaar Enabled Payment System API is that it is easy for everyone to use. People who don’t have debit cards or mobile banking can still use them to make transfers, which directly supports the government’s push for digital financial inclusion. When service providers add the AEPS API, they can reach a huge group of users and provide them with an important tool.

Fundamentals Before Integration

A few important things need to be done before merging can begin. To begin, your company needs to be listed with a bank or a Business Correspondent (BC) partner that is allowed to provide Aadhaar Enabled Payment System API services. Because of safety and legal issues, AEPS APIS can only be used by authorised groups with the right credentials.

You’ll need biometric identification hardware that works with RD (Registered Device) services. Some of these are fingerprint readers and IRIS scanners approved by the Unique Identification Authority of India (UIDAI). You will also need a valid API key or credentials sent by the bank or aggregator to get to the sites.

An overview of the AEPS API components

The main features of the AEPS Software API are usually Cash Withdrawal, Balance Inquiry, Mini Statement, and Aadhaar to Aadhaar Fund Transfer. The API talks to NPCI’s platform through safe web services.

Key parts of every API call are the encrypted Aadhaar number, the bank IIN (Issuer Identification Number), the type of transaction, the device data (PID block), and the location. The state of the transaction, the reference number, and the balance (if any) are all in the response.

It’s important to remember that all AEPS transfers need biometric verification. This makes them very safe and hard to hack.

Integration Process Step by Step

The steps for integrating the AEPS API can differ depending on your provider, but the main steps are always the same.

Sign up with a bank aggregator or approved AEPS service provider that offers AEPS APIs. Make sure they follow the rules set by UIDAI and NPCI.

Get access to the sandbox API for testing and development. This helps make fake deals that look real without using real Aadhaar information.

Add the fingerprint device SDK and make sure the device can handle RD services. Before being sent, biometric data must be secured.

Click on the AEPS API address to link your system to it. Endpoints for each service, like withdrawal, inquiry, mini statement, and more, will be listed in the API instructions.

Use the right encryption methods for safe data transmission, usually AES and SHA.

Take a picture of the fingerprint, encrypt the Aadhaar number, send an API request, and read the answer to test the whole transaction flow.

Once all your test cases pass and your AEPS partner or bank says it’s okay, you can move to production.

Observations on Security and Compliance

It is very hard to use AEPS because biometric and Aadhaar records are so private. You must follow strict security rules if you are a creator or service provider. You should never store your Aadhaar number in plain text, and all your biometric data should be collected using RD services that encrypt it at the source.

Also, SSL/TLS encryption must be used for all contact between your system and the AEPS API. Many providers also require extra steps like OTP validation, geo-fencing, and checks based on timestamps.

Not following the rules can lead to losing access, legal problems, and data leaks. Make sure that your software is regularly checked to make sure it follows the latest UIDAI, NPCI, and IT Act rules.

Conclusion

Integration of the AEPS API is a powerful way to help more people in India get access to banking services. It provides banking services to millions by letting them do safe transactions using Aadhaar with very little infrastructure. When businesses and developers use AEPS APIs, they can find new possibilities in the fintech and rural banking sectors. Round Pay, your trusted partner in AEPS API connection, makes it easy and safe to make payments with Aadhaar.