What is Meaning of AEPS Offus Issuer wdl txn

What is Meaning of AEPS Offus Issuer wdl txn

The world of finance is filled with jargon and technical terms that can often seem intimidating and confusing to the average person. “AEPS,” “Offus,” “Issuer,” “Withdrawal,” and “Transaction” are just some of the terms that you may come across when dealing with financial transactions. In this article, we will explore the meaning of “AEPS Offus Issuer wdl txn”.


AEPS stands for “Aadhaar Enabled Payment System,” which is a payment system in India that enables bank customers to perform financial transactions using their Aadhaar number and biometric authentication. This system was introduced by the Indian government as a means of promoting financial inclusion and increasing access to banking services for the unbanked population.


Refers to “Off-Us Transaction,” involving movement of funds between different banks for interbank settlements.

  • Issuer: Represents the entity providing the service, typically a bank or financial institution.
  • WDL TXN: Abbreviation for “Withdrawal Transaction,” allowing users to withdraw cash from their bank accounts using Aadhaar authentication.


Issuer refers to the entity that issues a payment instrument, such as a credit card, debit card, prepaid card, or AEPS Service. In the context of AEPS, the issuer would be the bank that provide the banking service to the customer. Learn mre about difference between an acquiring bank and an issuing bank. -> What is acquirer and issuer bank?

WDL – Withdrawal

Withdrawal refers to the act of taking money out of an account, either through an ATM, bank teller, or another method. In the context of AEPS, withdrawal refers to the process of withdrawing money from a bank account using the Aadhaar-enabled payment card.

TXN – Transaction

Transaction refers to any action that involves the transfer of money between parties. In the context of AEPS, a transaction would refer to any financial transaction made using the Aadhaar-enabled payment card, such as withdrawing money from an ATM or making a payment at a merchant’s point-of-sale terminal.


AEPS Offus Issuer Withdrawal Transaction is a set of technical terms that describe the process of using Aadhaar-enabled payment cards to perform financial transactions in areas with limited internet connectivity. Understanding these terms is essential for anyone who wishes to participate in India’s financial ecosystem and access banking services.

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