Laraware builds AePS software for banking correspondents and retailers across rural and urban India. Our AePS platform software enables Aadhaar-based cash withdrawal, balance enquiry, mini statement, and Aadhaar Pay — all through a single integration, running on an 8-layer AI compliance engine.

What is AePS (Aadhaar Enabled Payment System)?

AePS is an Aadhaar-based payment system developed by NPCI (National Payments Corporation of India) that allows customers to use their Aadhaar number and biometric data for basic banking transactions. It enables financial inclusion by bringing banking services to unbanked populations through Banking Correspondents (BCs).

Key AePS transactions include:

Cash Withdrawal — Withdraw cash using Aadhaar + fingerprint at any AePS point
Balance Enquiry — Check bank balance instantly via biometric verification
Mini Statement — View recent transactions
Cash Deposit — Deposit cash into Aadhaar-linked bank account
Aadhaar Pay — Merchant payments using Aadhaar authentication
Fund Transfer — Transfer money between Aadhaar-linked accounts

Why Build AePS Software With Laraware

Our AePS platform software is engineered for reliability and operator control:

Intelligent Retry & Multi-Bank Routing — AI-powered retry mechanism that reroutes through alternate banking partners
Optimized API Processing — Efficient request handling with intelligent caching
Multi-Bank Integration — Connected with major banks — SBI, ICICI, HDFC, PNB, BOB, Axis Bank
Biometric Device Support — Works with Mantra, Morpho, Startek, Cogent — all RD certified devices
AI Fraud-Detection Tooling — Configurable transaction monitoring with ML-based anomaly scoring for your risk team
Multi-Level Commission Engine — Automated commission distribution across your distribution hierarchy
White Label Ready — Launch under your own brand with custom UI/UX
Comprehensive Dashboard — Real-time analytics, reports, and agent management

AePS Software Features & Modules

Agent & Retailer Management

Complete KYC verification workflow, onboarding, and performance tracking for your distribution network. Manage agents from a single dashboard with role-based access control.

Transaction Processing Engine

A high-performance transaction engine with automatic failover, retry logic, and bank-switching capabilities. Every transaction is encrypted end-to-end with AES-256 encryption.

Commission & Settlement Configuration

Flexible commission structures with multi-level distribution — configure different rates for super distributors, distributors, and retailers. Payout scheduling (instant, daily, weekly) is configured against your own settlement bank account.

Reporting & Analytics

Dashboards with transaction volumes, success rates, revenue analytics, agent performance, and bank-wise reports. Export in PDF, Excel, and CSV formats.

AePS API Integration Guide

Integrate AePS into your existing platform with our developer-friendly APIs:

Get API Credentials — Sign up and receive your API key, secret, and sandbox access
Integrate Biometric SDK — Implement our lightweight biometric capture SDK
Test in Sandbox — Full testing environment with simulated bank responses
Go Live — Production deployment with dedicated support engineer

Our API supports REST architecture with JSON responses, webhook callbacks for async operations, and comprehensive error handling. View our API development services for custom integration needs.

Where Our Responsibility Ends — and Yours Begins

Laraware builds and licenses the AePS software. Banking Correspondent agreements, bank tie-ups, settlement accounts, and RBI/NPCI compliance for your operating entity remain your responsibility, arranged with your own bank or authorised partner institution. We'll tell you plainly what your model requires before you commit to a build.

Technology Stack

Our AePS software is built on enterprise-grade technology:

Backend: Laravel, Node.js microservices, Redis queue
Frontend: React.js SPA with PWA support
Database: MySQL + MongoDB for logs, Redis for caching
Security: AES-256 encryption, RSA key exchange, SSL/TLS, WAF
Infrastructure: AWS/Azure with auto-scaling
AI Engine: ML-based fraud detection and anomaly scoring

AePS Pricing & Plans

We offer flexible pricing models to suit different business sizes:

API Integration: Per-transaction pricing with zero setup cost
White Label Platform: Monthly subscription with full branding
Enterprise License: Complete source code with a custom license

Get a free roadmap and quote: Contact our team

Frequently Asked Questions (FAQ)

What is the cost of AePS software development?

Cost varies with API integration versus a complete white-label platform with admin panel, agent management, and multi-level commission system. Your free roadmap call ends with a fixed sprint plan and a number.

How long does it take to develop AePS software?

White-label deployments on our NXT Banking platform typically go live in weeks. Custom development with modifications follows our standard 2-week sprint cadence; full custom builds take longer depending on scope.

Which biometric devices are supported?

Our AePS software supports UIDAI-certified RD (Registered Device) biometric devices including Mantra MFS100, Morpho MSO 1300 E3, Startek FM220, and Cogent CSD200. Both fingerprint and iris scanners are supported.

Do you provide AePS API for existing platforms?

Yes, we provide standalone AePS API integration that can be plugged into any existing fintech platform, banking app, or payment portal, with comprehensive documentation, sandbox testing, and dedicated integration support.

Ready to build your AePS network? Get your free AI roadmap