Tag: aadhar enabled payment system

The Impact of HalliPay on Rural Digital Banking
Rural India has long been the heartbeat of our nation, and its growth is crucial to our country’s progress. In the digital age, access to financial services is a key driver of this growth. HalliPay, a leading AEPS (Aadhaar Enabled Payment System) service provider, is on a mission to transform rural India’s digital banking landscape. Let’s explore how HalliPay is making a significant impact on rural digital banking.

Bringing Banking to the Doorsteps of Rural India

In the sprawling villages and remote corners of rural India, traditional banking infrastructure often falls short. Long journeys to the nearest bank branch and the paperwork associated with banking services can be overwhelming. This is where HalliPay steps in, armed with technology and a commitment to accessibility.

1. HalliPay’s MATM Machines: A Revolution in Rural Banking

HalliPay’s Micro ATM (MATM) machines are a game-changer. These compact devices are designed to bring banking services right to the doorstep of rural communities. They are user-friendly and require minimal training, making them accessible to a wide range of individuals, including small business owners and local entrepreneurs.

2. A Wide Array of Financial Services

HalliPay offers a comprehensive suite of financial services that cater to the diverse needs of rural India:
- Cash Withdrawal: Access cash conveniently, even in the remotest of areas.
- Money Transfer: Send and receive money securely, eliminating the need for long journeys to urban centers.
- Balance Enquiry: Stay informed about your finances, aiding financial planning.
- Mini Statement: Keep track of your recent transactions.
- DTH & Mobile Recharge: Top up your mobile phone and enjoy uninterrupted communication.
- Gas Booking: Simplify the process of booking LPG gas cylinders.
- Electricity Bill Payment: Pay utility bills without the hassle of traveling to distant bill payment centers.
3. Highest Commission Rates for HalliPay AEPS Agents

One of the key differentiators of HalliPay is its commitment to its AEPS agents. These agents, often local entrepreneurs, play a pivotal role in bringing financial services to rural India. HalliPay recognizes their importance and offers the highest commission rates in the industry. This not only incentivizes existing agents but also attracts more individuals to become part of digital India.

4. Support in local language

To truly influence rural digital banking, it’s essential to speak the language of your audience. HalliPay understands the importance of delivering information in a way that is relatable and easy to understand for rural Indians.

Conclusion

HalliPay is at the forefront of rural digital banking in India. By leveraging technology, offering a wide range of services, and prioritizing the needs of its users and agents, HalliPay is not just influencing rural digital banking—it’s revolutionizing it. As we move forward, the path to financial inclusion in rural India is being paved by the dedication and innovation of organizations like HalliPay.

Join us in celebrating this digital revolution in rural India with HalliPay, where the future of banking is bright, accessible, and inclusive.

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September 22, 2023
How AEPS Settlement is made by HalliPay?
Done with research, completed with the ID process from one of the best AEPS service provider, and also finished with your training from the professionals.

But, still confused by the settlement process.

What is settlement?

This is an exceptionally recognizable term that people use for transferring money from an AEPS wallet to a bank account.

For example, when a customer comes to your shop for an AEPS cash withdrawal, The cash you have given to the customer will be present in your AEPS wallet, and transferring that amount to your bank account is known as AEPS settlement.

So, how is the whole AEPS settlement process settled?

After you give a quality banking service to your customer, anything related to providing cash to the customer, the same amount will be credited to your HalliPay AEPS wallet.

In HalliPay App itself, you have two options to transfer it to your bank account:
1. IMPS
2. NEFT
What is IMPS?

IMPS (Immediate Payment Service) provides strong and real-time fund transfer which offers a 24×7 service.

Benefits of IMPS:

It doesn’t matter if it’s Ganesh Chaturthi or Diwali, it’s functional 24×7.

Immediate fund transfer.

Safe & secure

Charges = Rs 10

What is NEFT?

NEFT (National Electronic Fund Transfer) is a well-known payment system for transferring funds with no extra charges. But certainly, it doesn’t follow the instantaneous process, as it takes around 2 to 3 hours to transfer the funds and considered only In the respective banking hours.

Conclusion

HalliPay has always focused on clearing out the AEPS settlements with fast and secure way, keeping our 15,000+ agents out of these problems and helping them run their AEPS business smoothly.
August 26, 2022
How Aadhar enabled payment system helps in daily life ?
The Indian government has been presenting numerous creative payment methods, plans and policies to bring a cashless society in India.

By 2016, 93% of grown-up Indians had an Aadhar card. But, as they were not connected with their bank account and many of them did not even have an account in a bank.

The Modi government was smart enough to open a record-breaking scheme resulted in newly opened bank accounts in India under “Pradhan Mantri Jan Dhan Yojna”.

Nearly 35 crore of Indians opened a bank account under the previously mentioned conspire.

Tier 1 and Tier 2 cities were adapting really fast to the payment systems, like various UPI applications, online bookings & shopping’s (Ola, Zomato, flipkart, practo etc..,)

But, people staying in villages were having a problem understanding these payment systems.

Again, the government came up with something called as Aadhar enabled payment system (AEPS).

What is an Aadhar enabled payment system?

Aeps is an innovative approach towards Aadhar payment system for accessing bank transactions without visiting a bank or ATM. To utilize Aeps service, customers’ bank account should be linked to Aadhar card.

HalliPay is one the best Aeps service provider in India with the recognition of RBI (Reserve Bank of India) and NPCI (National Payment Corporation of India).

This framework fundamentally began to help underprivileged or needy people who can’t utilize banking services through smartphones or cards. As we all are aware of the fact that 70% of the Indian population comes from rural areas which are far separated from banks or ATMs.

How Aeps can actually make your life easier?

An Aeps service provider like HalliPay can offer various financial services.
- 1. Aeps Cash Withdrawal: People from rural areas don’t have to travel to cities from banks or ATMs, where they can visit the
- nearest Aeps service provider and withdraw cash providing Aadhar card number and fingerprint authentication.
- 2. Balance Enquiry: If you ever want to check your latest balance from your bank account, you simply have to move near by Aeps service provider and provide your aadhar details to check your balance.
- 3. Mini Statement: Same as ATM, you can get the print of your mini statement from your nearest Aeps coordinator.
Conclusion:

HalliPay has been reaching every corner of India and now has over 15,000+ active merchants, who will help people in remote areas by verifying their identity by Aadhar number or finger print used as an authentication tool for rural people.

Apart from cashless facilities for rural people, it has also opened a business opportunity. Anyone can start their own AEPS business as a business correspondent.

Who could be your best option? to start your own AEPS business.

Contact us now,

+91 7892186561
August 5, 2022