Aadhaar Enabled Payment System (AEPS) Aeps Pe is a bank-led model, which uses online authentication to make online interoperable financial transactions on PoS (Sales / Micro ATM) through any bank's Business Correspondent (BC) / Bank Friend allows for. NPCI National Payments Corporation of India (NPCI), incorporated by the Reserve Bank of India, acts as a center for all electronic retail payment systems in the country. These retail payment systems include a diverse range of products, distributio