Top Free AEPS Service Provider Companies in India

As a seasoned AEPS (Aadhaar Enabled Payment System) service distributor with 6 years of experience, I can attest to the importance of selecting the right AEPS service provider for your business. With various options available in the Indian market, it can be challenging to determine which company offers the best services. In this article, I will share my insights on the top free AEPS service provider companies in India, based on my extensive experience in the industry.

What is AEPS?

AEPS, or Aadhaar Enabled Payment System, is a government-launched digital banking initiative that enables customers to access basic banking facilities using their Aadhaar card. Customers can perform various transactions, such as cash withdrawals, balance enquiries, mini statements and Aadhaar Pay, through AEPS.

Top Free AEPS Service Provider Companies in India

Based on my research and experience, the following are the top free AEPS service provider companies in India:

Serial NumberAEPS Service Provider
1Relipay (RNFI Services)
3Airtel Payment bank
4Spice Money
7Cashless India
8Fino Bank
10NSDL Payment Banks
14CSC DigiPay
15Religare Digipay
18AePS Pe

Factors to Consider When Choosing an AEPS Service Provider

When choosing an AEPS service provider, consider the following factors:

  • Commission Structure: Ensure that the AEPS service provider offers a competitive commission structure that aligns with your business goals.
  • User Interface and Experience: Choose an AEPS service provider with a user-friendly interface and a seamless user experience.
  • Additional Services: Consider AEPS service providers that offer additional services, such as mobile recharge, utility bill payment, domestic money transfer, CMS, Pan card service, travel service, insurance, payout, and UPI collection. These additional services can increase your income with a multi-service AEPS portal.
  • Customer Support: Opt for an AEPS service provider that offers reliable customer support and technical assistance.
  • Security: Ensure that the AEPS service provider follows stringent security measures to protect your customers’ data and transactions.


Choosing the right AEPS service provider is crucial for the success of your AEPS portal business. By considering the factors mentioned above and selecting a reputable AEPS service provider, you can ensure a smooth and reliable payment system for your customers, thereby promoting financial inclusion and inclusive economic growth. Noble Web Studio, Ezulix Software, and FiiPay are some of the top free AEPS service provider companies in India, offering a wide range of services and features that cater to the needs of AEPS distributors.

FAQs – Frequently Asked Questions

  1. What is AEPS, and how does it work?

    AEPS, or Aadhaar-enabled payment system, is a payment mechanism initiated by NPCI that allows Aadhaar cardholders to conduct various banking transactions through their Aadhaar-linked bank accounts, including cash withdrawals and balance inquiries.

  2. What are the additional benefits of AEPS services?

    AEPS services offer additional benefits such as lucrative commissions for transactions, user-friendly interfaces, and marketing support for associated distributors and partners.

  3. Which companies are considered the top AEPS service providers in India?

    The top 10 AEPS service providers in India are Cashless India, NSDL Payment Banks, Fino Bank, Spice Money, Paynearby, Paytm AEPS, RapiPay, Bankit, Ezulix, and Ezeepay.

  4. How can an agent access Cashless India’s AEPS services?

    An agent can access Cashless India’s AEPS services by registering for a free Retailer ID, which provides access to a user-friendly dashboard with income tracking and transaction volume insights. Cashless India also offers assistance for distributors and white-label partners, along with 24×7 Hour support.

  5. What is the commission structure for AEPS transactions with Relipay?

    Relipay offers a up to Rs. 15 rupees commission on every AEPS transaction using VIP Subscription, making it an attractive option for agents and distributors.

  6. What are the unique features of Ezulix Software, a top AEPS service provider?

    Ezulix Software offers a high AEPS commission as per NPCI norms, an easy-to-use AEPS software, a unique member panel design, free offline services, a website and mobile app for business, 24*7 real-time settlement using express payout, and a free live demo.

  7. What is the significance of AEPS in promoting financial inclusion in India?

    AEPS plays a crucial role in ensuring financial inclusivity by facilitating the disbursement of government-allocated funds to beneficiaries, especially in areas where traditional banks and ATMs face operational challenges.

  8. How can one start their own AEPS business and make it a source of income?

    Starting an AEPS business involves choosing a top AEPS service provider, registering as an agent or distributor, and utilizing the provided software and services to facilitate AEPS transactions for customers, earning commissions in the process.

  9. What are the benefits of becoming a master distributor with an AEPS service provider?

    Becoming a master distributor enables the creation of an unlimited number of retailers, setting agent ID fees, and earning commissions on transactions made by retailers, making it a lucrative opportunity for those with marketing skills.

  10. How does the Noble AEPS portal contribute to the success of an AEPS business?

    The Noble AEPS portal offers advanced features, customization options, multiple downline member support, lifetime technical support, and a high success ratio, making it a top choice for those looking to start an AEPS business.

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