The Aadhaar Enabled Payment System (AEPS) has created a huge opportunity for individuals to earn income by offering banking services.
If you’re looking for a low-investment business with daily earnings, becoming an AEPS merchant is one of the best options.
In this guide, you’ll learn how to become an AEPS merchant step by step.
What is an AEPS Merchant?
An AEPS merchant is a person or retailer who provides banking services using:
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Aadhaar number
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Fingerprint authentication
Services offered:
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Cash withdrawal
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Balance inquiry
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Mini statement
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Fund transfer
Learn earning model: How to Earn Money with AEPS Services
💰 Benefits of Becoming an AEPS Merchant
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Low investment (₹2000–₹5000)
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Daily income opportunity
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No inventory required
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High demand in rural areas
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Easy to start
Profit guide: Is AEPS Business Profitable in India?
📋 Eligibility to Become an AEPS Merchant
To start AEPS business, you need:
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Minimum 18 years age
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Basic knowledge of smartphone/computer
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Shop or business location (optional but recommended)
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Bank account
📄 Documents Required
You will need:
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Aadhaar Card
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PAN Card
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Bank account details
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Passport size photo
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Mobile number
UIDAI reference: UIDAI
🛠️ Step-by-Step Process to Become AEPS Merchant
Step 1: Choose AEPS Service Provider
First, select a trusted AEPS provider.
Read: Best AEPS API Providers in India
Step 2: Complete Registration
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Fill application form
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Submit documents
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Complete KYC verification
Step 3: Get AEPS ID & Login
After approval:
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You receive login credentials
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Access AEPS dashboard
Step 4: Buy Biometric Device
You need a fingerprint scanner to perform transactions.
Device guide: How to Buy AEPS Biometric Devices
Step 5: Start Transactions
Now you can start offering services:
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Cash withdrawal
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Balance inquiry
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Mini statement
💸 AEPS Merchant Income
Per Transaction Commission:
₹2 – ₹15
Monthly Income:
₹10,000 – ₹40,000+
Commission details: AEPS Commission Structure Explained
📍 Best Locations for AEPS Merchants
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Rural areas
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Small towns
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Market areas
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Near government offices
Rural guide: AEPS Business in Rural Areas
⚠️ Common Mistakes to Avoid
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❌ Choosing wrong provider
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❌ Using low-quality device
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❌ Not verifying customer details
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❌ Ignoring security
Fraud guide: How to Prevent AEPS Fraud
Tips to Become a Successful AEPS Merchant
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Choose high-traffic location
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Provide fast service
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Build customer trust
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Offer additional services
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Maintain proper cash balance