#aeps api provider in india

[infinitywebinfopvtltd]

Eko API Integration: A Comprehensive Solution for Money Transfer, AePS, BBPS, and Money Collection

The financial services industry is undergoing a rapid transformation, driven by the need for seamless digital solutions that cater to a diverse customer base. Eko, a prominent fintech platform in India, offers a suite of APIs designed to simplify and enhance the integration of various financial services, including Money Transfer, Aadhaar-enabled Payment Systems (AePS), Bharat Bill Payment System (BBPS), and Money Collection. This article delves into the process and benefits of integrating Eko’s APIs to offer these services, transforming how businesses interact with and serve their customers.

Understanding Eko's API Offerings

Eko provides a powerful set of APIs that enable businesses to integrate essential financial services into their digital platforms. These services include:

Money Transfer (DMT)

Aadhaar-enabled Payment System (AePS)

Bharat Bill Payment System (BBPS)

Money Collection

Each of these services caters to different needs but together they form a comprehensive financial toolkit that can significantly enhance a business's offerings.

1. Money Transfer API Integration

Eko’s Money Transfer API allows businesses to offer domestic money transfer services directly from their platforms. This API is crucial for facilitating quick, secure, and reliable fund transfers across different banks and accounts.

Key Features:

Multiple Transfer Modes: Support for IMPS (Immediate Payment Service), NEFT (National Electronic Funds Transfer), and RTGS (Real Time Gross Settlement), ensuring flexibility for various transaction needs.

Instant Transactions: Enables real-time money transfers, which is crucial for businesses that need to provide immediate service.

Security: Strong encryption and authentication protocols to ensure that every transaction is secure and compliant with regulatory standards.

Integration Steps:

API Key Acquisition: Start by signing up on the Eko platform to obtain API keys for authentication.

Development Environment Setup: Use the language of your choice (e.g., Python, Java, Node.js) and integrate the API according to the provided documentation.

Testing and Deployment: Utilize Eko's sandbox environment for testing before moving to the production environment.

2. Aadhaar-enabled Payment System (AePS) API Integration

The AePS API enables businesses to provide banking services using Aadhaar authentication. This is particularly valuable in rural and semi-urban areas where banking infrastructure is limited.

Key Features:

Biometric Authentication: Allows users to perform transactions using their Aadhaar number and biometric data.

Core Banking Services: Supports cash withdrawals, balance inquiries, and mini statements, making it a versatile tool for financial inclusion.

Secure Transactions: Ensures that all transactions are securely processed with end-to-end encryption and compliance with UIDAI guidelines.

Integration Steps:

Biometric Device Integration: Ensure compatibility with biometric devices required for Aadhaar authentication.

API Setup: Follow Eko's documentation to integrate the AePS functionalities into your platform.

User Interface Design: Work closely with UI/UX designers to create an intuitive interface for AePS transactions.

3. Bharat Bill Payment System (BBPS) API Integration

The BBPS API allows businesses to offer bill payment services, supporting a wide range of utility bills, such as electricity, water, gas, and telecom.

Key Features:

Wide Coverage: Supports bill payments for a vast network of billers across India, providing users with a one-stop solution.

Real-time Payment Confirmation: Provides instant confirmation of bill payments, improving user trust and satisfaction.

Secure Processing: Adheres to strict security protocols, ensuring that user data and payment information are protected.

Integration Steps:

API Key and Biller Setup: Obtain the necessary API keys and configure the billers that will be available through your platform.

Interface Development: Develop a user-friendly interface that allows customers to easily select and pay their bills.

Testing: Use Eko’s sandbox environment to ensure all bill payment functionalities work as expected before going live.

4. Money Collection API Integration

The Money Collection API is designed for businesses that need to collect payments from customers efficiently, whether it’s for e-commerce, loans, or subscriptions.

Key Features:

Versatile Collection Methods: Supports various payment methods including UPI, bank transfers, and debit/credit cards.

Real-time Tracking: Allows businesses to track payment statuses in real-time, ensuring transparency and efficiency.

Automated Reconciliation: Facilitates automatic reconciliation of payments, reducing manual errors and operational overhead.

Integration Steps:

API Configuration: Set up the Money Collection API using the detailed documentation provided by Eko.

Payment Gateway Integration: Integrate with preferred payment gateways to offer a variety of payment methods.

Testing and Monitoring: Conduct thorough testing and set up monitoring tools to track the performance of the money collection service.

The Role of an Eko API Integration Developer

Integrating these APIs requires a developer who not only understands the technical aspects of API integration but also the regulatory and security requirements specific to financial services.

Skills Required:

Proficiency in API Integration: Expertise in working with RESTful APIs, including handling JSON data, HTTP requests, and authentication mechanisms.

Security Knowledge: Strong understanding of encryption methods, secure transmission protocols, and compliance with local financial regulations.

UI/UX Collaboration: Ability to work with designers to create user-friendly interfaces that enhance the customer experience.

Problem-Solving Skills: Proficiency in debugging, testing, and ensuring that the integration meets the business’s needs without compromising on security or performance.

Benefits of Integrating Eko’s APIs

For businesses, integrating Eko’s APIs offers a multitude of benefits:

Enhanced Service Portfolio: By offering services like money transfer, AePS, BBPS, and money collection, businesses can attract a broader customer base and improve customer retention.

Operational Efficiency: Automated processes for payments and collections reduce manual intervention, thereby lowering operational costs and errors.

Increased Financial Inclusion: AePS and BBPS services help businesses reach underserved populations, contributing to financial inclusion goals.

Security and Compliance: Eko’s APIs are designed with robust security measures, ensuring compliance with Indian financial regulations, which is critical for maintaining trust and avoiding legal issues.

Conclusion

Eko’s API suite for Money Transfer, AePS, BBPS, and Money Collection is a powerful tool for businesses looking to expand their financial service offerings. By integrating these APIs, developers can create robust, secure, and user-friendly applications that meet the diverse needs of today’s customers. As digital financial services continue to grow, Eko’s APIs will play a vital role in shaping the future of fintech in India and beyond.

Contact Details: –

Mobile: – +91 9711090237

E-mail:- info@infinitywebinfo.com

[bestmobilerechargesoftware-blog]

Are you planning to settling up your own b2b online recharge business and looking for best recharge software company then this is for you?

In this blog, I have explained which is India's top multi recharge software provider company that offers you standard b2b multi recharge software with integrated mobile recharge API and website with your brand name and logo.

For more details visit this blog now.

[weaklymagnificentdimension]

AEPS API by NifiPayments

Empowering Seamless Financial Inclusion Across India

With the rising need for accessible banking services, especially in rural and underserved areas, Aadhaar Enabled Payment System (AEPS) has emerged as a revolutionary solution. AEPS allows users to perform basic banking transactions using just their Aadhaar number and biometric authentication. Now, with NifiPayments’ AEPS API, businesses and fintech platforms can integrate this powerful service into their systems effortlessly.

What is AEPS?

AEPS is a digital payment system developed by the National Payments Corporation of India (NPCI). It enables Aadhaar-linked bank account holders to perform financial transactions like:

✅ Balance Enquiry ✅ Cash Withdrawal ✅ Mini Statement ✅ Aadhaar to Aadhaar Fund Transfer

—all authenticated using biometric data such as fingerprints.

NifiPayments AEPS API: The Smarter Way to Serve

NifiPayments offers a robust, secure, and developer-friendly AEPS API that allows businesses, retailers, and service providers to extend banking services directly to the customer’s doorstep.

Key Features of NifiPayments AEPS API:

🔒 Secure Biometric Authentication Ensures secure and accurate customer identification with UIDAI compliance.

⚡ Real-Time Transactions Process withdrawals and balance checks instantly via Aadhaar authentication.

📊 Detailed Reporting Dashboard Track transactions, earnings, and user activity with complete transparency.

🧩 Easy API Integration Simple, well-documented API for fast deployment with minimal technical effort.

🧑‍💻 Retailer & Distributor Module Built-in hierarchy for managing agents and commissions.

Business Benefits

Expand Your Reach: Serve remote areas without traditional bank access

Earn Commission: Turn every transaction into an earning opportunity

Build Trust: Offer secure, government-backed payment services

Support Financial Inclusion: Enable banking access for the unbanked population

Use Cases

Local kirana shops & micro-merchants

Banking correspondents

Rural fintech entrepreneurs

Government subsidy disbursement points

Microfinance and cooperative institutions

Why Choose NifiPayments?

NifiPayments brings industry-grade reliability, round-the-clock support, and fast onboarding—making us the go-to choice for AEPS integration. Whether you're a startup or an enterprise, our solutions scale with your growth and needs.

Start Your AEPS Journey Today! Empower your business and your community with NifiPayments AEPS API.

🌐 Visit: www.nifipayments.com 📩 Email: support@nifipayments.com

#AEPS #AEPSAPI #NifiPayments #FinancialInclusion #DigitalIndia #FintechSolutions #AadhaarBanking #BiometricPayments #RuralBanking #NPCI #UIDAI #CashWithdrawal #FintechIndia

Let me know if you’d like a version tailored for retailers, developers, or social media!

[ppiwallet]

Launch Aadhaar Banking Services Instantly with PaySprint AEPS API

Integrate PaySprint’s AEPS API to offer instant Aadhaar-based banking transactions. Trusted by digital service providers across India.

[steelnonogram]

Is Mobile Recharge Business Profitable?

The increasing reliance on smartphones and digital services has made mobile and DTH recharge a part of daily life for millions. This growing demand presents a lucrative opportunity for entrepreneurs. But is the mobile recharge business truly profitable? The answer is yes—when powered by the right technology and strategy.

Rising Demand for Digital Recharge Services

India's mobile user base is expanding rapidly. With people preferring digital convenience over physical recharge shops, the shift to online recharges is stronger than ever. By leveraging a reliable mobile and DTH recharge API, businesses can offer users quick, seamless recharge services and earn a commission on every transaction.

Recharge Software: Your Business Backbone

A successful recharge business depends heavily on the technology that powers it. A feature-rich recharge software automates the entire process—from user management and transaction handling to real-time reporting and multi-operator support.

Custom recharge software development ensures your platform is tailored to your needs, scalable, and easy to manage, making it ideal for startups and established businesses alike.

Choosing the Right Recharge API

The core of any recharge platform is its API. A high-performance mobile and DTH recharge API ensures fast, secure, and reliable transactions across multiple service providers. Choosing the best multi recharge API not only reduces downtime but also improves customer satisfaction and retention.

Maximize Earnings with AePS Integration

To diversify income and add value, many recharge businesses are integrating banking services through Aadhaar Enabled Payment System (AePS). Partnering with a trusted AePS API provider company enables you to offer services like cash withdrawal, balance inquiry, and money transfer—especially valuable in rural and semi-urban areas.

These services increase your platform’s utility and boost transaction volume, leading to higher earnings.

Low Investment, High Returns

One of the biggest advantages of entering the mobile recharge business is its low startup cost. With minimal investment in software and API integration, you can start earning immediately. You can also build a distributor and retailer network under your brand to multiply income sources.

As your customer base grows, so does your profit margin—making this a smart and scalable business opportunity.

Final Thoughts

The mobile recharge business is not only profitable but also sustainable in the long run. With the right recharge software, a dependable mobile and DTH recharge API, and value-added services like AePS, you can establish a strong digital platform and grow your income steadily.

To succeed:

Choose a reliable mobile and DTH recharge API

Invest in professional recharge software development

Partner with an experienced AePS API provider company

Work with the best multi recharge API for seamless service delivery

Ready to launch your recharge business? Get in touch with us for robust software and powerful APIs that help you start, manage, and grow a profitable recharge business.

[khushii987]

What Is AEPS and Why Is It a Game-Changer for Digital India?

AEPS (Aadhaar Enabled Payment System) is a revolutionary digital payment method that allows customers to perform basic banking functions like cash withdrawal, balance inquiry, and mini statements using only their Aadhaar number and biometric authentication. It removes the need for debit cards, PINs, or smartphones, making banking truly accessible to everyone — especially in rural and semi-urban areas.

For businesses and service providers looking to enter this space, Paysprint offers a powerful AEPS API platform designed for speed, security, and scalability.

[acemoneyservices]

Empowering Financial Inclusion with Banking Correspondent Services

In today’s fast-evolving financial landscape, accessibility and convenience play a crucial role in ensuring seamless banking services for all. Banking Correspondent (BC) services have emerged as a game-changer, bridging the gap between traditional banking institutions and unbanked or underbanked communities. With innovative solutions like AEPS Services, Micro ATM Services, and DMT Services, financial inclusion is no longer a distant dream.

Understanding Banking Correspondent Services

Banking Correspondents act as an extended arm of financial institutions, enabling banking services in remote and rural areas where traditional banking infrastructure is scarce. Through BC services, individuals can carry out basic banking transactions, such as cash deposits, withdrawals, and fund transfers, without the need for a physical bank branch.

Key Offerings in BC Services

1. AEPS Services (Aadhaar Enabled Payment System)

AEPS Services provide a secure and hassle-free way of carrying out financial transactions using Aadhaar authentication. Customers can withdraw money, check balances, and transfer funds using their Aadhaar-linked bank accounts, making banking more accessible in rural areas.

2. Micro ATM Services

Micro ATM Services enable small merchants and business correspondents to offer banking services, functioning as a mini-bank. With a simple device, individuals can perform withdrawals, deposits, and balance inquiries using their debit cards, ensuring easy access to banking facilities.

3. DMT Services (Domestic Money Transfer)

DMT Services provide a reliable platform for individuals to transfer money instantly to any bank account across the country. This service is particularly beneficial for migrant workers and people residing in rural areas who need to send money to their families without traveling long distances.

4. BC Services API

For businesses looking to integrate banking correspondent services, the BC services API offers a seamless way to connect with banking networks. The API ensures secure and efficient transactions, enabling fintech companies and businesses to provide financial services at their outlets.

5. PayNearBy – Simplifying Digital Transactions

PayNearBy is revolutionizing digital transactions by providing a one-stop solution for banking and financial services. By leveraging PayNearBy’s platform, retailers and local businesses can offer banking services, mobile recharges, utility bill payments, and more, making financial services easily accessible to everyone.

Why Choose Banking Correspondent Services?

Financial Inclusion: Extends banking services to the unbanked population.

Cost-Effective: Eliminates the need for a traditional bank branch.

Secure & Reliable: Uses biometric authentication and robust security protocols.

Convenient & Accessible: Available through local retailers and business correspondents.

Conclusion

With the advancement of AEPS Services, Micro ATM Services, and DMT Services, banking is now within reach for everyone, even in the most remote locations. By leveraging BC services API and platforms like PayNearBy, financial institutions and businesses can enhance financial accessibility and empower communities across India.

Banking Correspondent services are truly shaping the future of financial inclusion. Don’t miss out on the opportunity to be a part of this digital revolution!

[larawaresolutions]

Easy-to-Integrate Payout API

Aeps api

Laraware Private Limited is a dynamic software development company based in Uttar Pradesh, India, specializing in AI-driven solutions across fintech, eCommerce, and education sectors. Established on April 25, 2023, by visionary entrepreneur Anvesh Tiwari, Laraware has rapidly emerged as a leader in integrating advanced artificial intelligence into practical applications, empowering businesses to enhance efficiency and drive growth.

Company Details

Founding Vision and Leadership

The inception of Laraware traces back to 2018 when Anvesh Tiwari, an MTech graduate, embarked on his journey as a freelance software developer focusing on financial technology solutions. His dedication and innovative approach led to the establishment of Laraware, transforming it into a comprehensive technological powerhouse. Under Tiwari's leadership, the company has developed over 5,000 web applications, serving more than 1,000 clients globally.

venturecompanynews.com

Core Services and Solutions

Laraware's portfolio encompasses a range of AI-powered services tailored to meet the evolving needs of various industries:

Fintech Solutions: The company offers digital payment systems, banking and financial automation, fraud detection, risk management, and API-based fintech integrations. These solutions are designed to enhance transaction security and streamline financial operations.

eCommerce Solutions: Laraware develops custom eCommerce platforms, integrates AI-powered recommendation systems, builds multi-vendor marketplaces, and provides payment and logistics integration services. These offerings aim to boost sales and enhance user experiences for online businesses.

School Management Software: The company provides comprehensive software solutions for educational institutions, including student and faculty management, AI-based performance tracking, online classes and examination modules, and parent-teacher communication systems. These tools facilitate efficient school administration and improved educational outcomes.

Innovative Approach and Technological Expertise

At the heart of Laraware's success is its commitment to innovation and technological excellence. The company has developed over 50 in-house AI tools aimed at automating fintech processes, enhancing eCommerce experiences, and optimizing school management systems. Additionally, Laraware has implemented more than 20 advanced security tools to ensure safe transactions, fraud prevention, and cybersecurity excellence.

Client-Centric Philosophy and Global Reach

Laraware's client-centric approach has earned the trust of over 1,000 businesses worldwide. The company's solutions are characterized by their scalability, security, and intelligence, making them adaptable to diverse business needs. By blending cutting-edge technology with innovative thinking, Laraware empowers businesses to embrace digital transformation and achieve sustainable growth.

[news365timesindia]

[ad_1] The Indian fintech sector has witnessed an unprecedented revolution over the last decade, driven by innovative startups and rapid technological advancements. Among these changemakers, Hyderabad-based Viyona Fintech has emerged as a leader in financial inclusion, particularly in rural and semi-urban India. With its flagship products, ViyonaPay and GraamPay, the company is not only bridging financial gaps but also redefining the role of fintech in empowering underserved communities. Fintech and Rural India: A New Dawn Rural India has historically faced significant challenges in accessing formal financial services. Limited banking infrastructure, low digital literacy and geographical barriers have created a persistent divide between urban and rural economies. However, fintech solutions have begun to change this narrative. By leveraging technology, companies like Viyona Fintech have brought banking and payment services to the fingertips of millions. The proliferation of smartphones and internet connectivity in rural regions has further accelerated this transformation, enabling even small villages to access digital financial services and fostering economic inclusion. Viyona Fintech: Pioneering Innovation for Financial Inclusion Founded in Hyderabad, Viyona Fintech has made its mark with a mission to empower rural and semi-urban India through cutting-edge digital platforms. Its flagship products, ViyonaPay and GraamPay, are reshaping how financial services are delivered. ViyonaPay: Aimed at businesses and organizations, ViyonaPay offers comprehensive payment and banking solutions, including PayIn and Payout platforms, UPI integration, and Connected Banking APIs. It enables seamless fund transfers, merchant payments, and real-time reconciliation. With robust security features and regulatory compliance, ViyonaPay is a trusted platform for enterprises looking to streamline financial operations. GraamPay: Focusing on individuals and small communities in rural areas, GraamPay is a neo-banking platform that provides services such as micro-loans, micro-insurance, UPI payments, digital gold investments, and utility bill payments. By integrating features like AEPS (Aadhaar-Enabled Payment System) and DMT (Domestic Money Transfer), GraamPay has simplified daily financial transactions for users. Its digital onboarding process, combined with an intuitive KYC system, has significantly lowered barriers to access. Impact on Rural Communities: Viyona Fintech’s platforms have made a tangible difference in the lives of rural Indians Financial Inclusion: GraamPay has revolutionized access to essential services, including micro-loans, insurance, UPI payments, and utility bill payments. Rural users can now pay for electricity, water and other utilities digitally, saving time and effort. This integration has enhanced financial literacy and empowered users to better manage their resources. Economic Empowerment: ViyonaPay has enabled businesses in rural areas to expand their operations by providing secure and efficient financial tools. Small businesses and self-help groups have particularly benefited from streamlined payment processes, enabling them to focus on growth and productivity. Job Creation: By introducing local digital banking agents and financial literacy initiatives, Viyona Fintech has created employment opportunities. These agents act as a bridge between the platform and rural communities, ensuring last-mile connectivity while contributing to local economic development. Redefining the Indian Fintech Landscape Viyona Fintech’s success mirrors the broader evolution of India’s fintech ecosystem. Once dominated by urban-centric solutions, the sector is now embracing rural India as a critical growth driver. The company’s work aligns seamlessly with the Indian government’s vision of Digital India and Atmanirbhar Bharat, fostering self-reliance and economic empowerment.Hyderabad,

often called India’s “Silicon Valley of the South,” has played a crucial role in nurturing startups like Viyona Fintech. Its robust tech infrastructure and skilled talent pool have enabled companies to innovate and scale rapidly, driving the city’s reputation as a hub for fintech innovation. Looking Ahead Viyona Fintech’s journey is far from over. The company is exploring advanced technologies such as artificial intelligence (AI) and blockchain to further enhance efficiency and security across its platforms. Additionally, plans to introduce multilingual support in GraamPay aim to make the platform even more accessible to users across diverse regions. As digital payments and financial inclusion continue to shape India’s economic landscape, Viyona Fintech is a torchbearer of change. By combining innovation with a deep understanding of grassroots challenges, the company is not only redefining the fintech landscape but also paving the way for a more inclusive and equitable future. C V K Madhu, CFO, Viyona Fintech, said “our financial strategy at Viyona Fintech focuses on blending innovation with fiscal discipline. By leveraging technology to optimize cash flows, reduce operational costs, and enhance financial transparency, we aim to deliver sustainable value while expanding access to modern financial services for every Indian”. B Nagaraj, CTO, Viyona Fintech, said “we are building a future where financial services are driven by data, powered by AI, and secured through blockchain. At Viyona Fintech, our focus is on developing resilient and adaptive systems that can handle the complexity of modern digital banking while ensuring seamless and secure experiences for users across urban and rural India”. [ad_2] Source link

[moneyart123]

Moneyart is the platform for AEPS, BBPS, DMT(Direct Money Transfer), and Recharge API software service providers in India.

[infinitywebinfopvtltd]

Streamlining Fintech Solutions: PaySprint API Integrations by Infinity Webinfo Pvt Ltd

In the rapidly evolving fintech landscape, businesses require seamless, secure, and scalable solutions to stay competitive and meet customer expectations. Infinity Webinfo Pvt Ltd, a renowned name in digital innovation and technical support, has emerged as a key enabler in this space by offering robust PaySprint API integration services tailored to businesses of all sizes.

About PaySprint

PaySprint is a new-age fintech company recognized for its agile and powerful API stack that facilitates a range of banking and financial services. From Aadhaar Enabled Payment System (AEPS) and DMT (Domestic Money Transfer) to BBPS (Bharat Bill Payment System), recharges, PAN services, and UPI, PaySprint empowers businesses to deliver banking-grade services to their customers with high reliability and compliance.

Infinity Webinfo Pvt Ltd: Bridging Technology and Financial Services

As a trusted software solutions provider, Infinity Webinfo Pvt Ltd specializes in integrating third-party APIs for web, mobile, and enterprise platforms. Their PaySprint API integration services focus on streamlining operations for fintech startups, agents, retailers, and aggregators who wish to build custom platforms or expand their service offerings.

Key PaySprint APIs Offered by Infinity Webinfo:

AEPS (Aadhaar Enabled Payment System) Integration Enable your platform to offer cash withdrawal, balance inquiry, and mini statements through Aadhaar authentication. Ideal for rural banking and financial inclusion.

Micro ATM API Infinity integrates PaySprint's mATM APIs that turn any smartphone or POS device into a functional Micro ATM for real-time transactions.

DMT (Domestic Money Transfer) Integration Seamlessly transfer money to any bank account in India with instant confirmation. Useful for customer-facing businesses like retail stores, service centers, and agents.

Recharge & BBPS Integration Empower your users to recharge mobile/DTH or pay utility bills (electricity, gas, water, etc.) using a unified PaySprint BBPS API integrated by Infinity Webinfo.

PAN Card Services With PaySprint’s NSDL-approved PAN service APIs, businesses can offer new PAN card applications and corrections via a simple interface.

UPI Payout and Collection Add seamless UPI-based payment options, ensuring faster transactions and ease of use for both B2C and B2B models.

Fastag Recharge API Easily integrate Fastag recharges into your system, enabling your platform to become a one-stop financial services hub.

Why Choose Infinity Webinfo for PaySprint Integration?

✅ Certified Development Team familiar with PaySprint’s API architecture and compliance standards.

✅ Custom Dashboard Development for agents and admin users.

✅ Secure API Implementation with proper token management and encryption practices.

✅ Post-integration Support & Maintenance, ensuring business continuity.

✅ Scalable Architecture that grows with your business needs.

Use Case Spotlight

A regional retail chain partnered with Infinity Webinfo Pvt Ltd to integrate PaySprint’s AEPS, DMT, and BBPS services. Within a month, they had a fully operational portal and mobile app, enabling thousands of walk-in customers to access digital financial services at their nearest store—boosting revenue and customer footfall significantly.

Final Thoughts

In today’s digital age, integrating financial APIs is no longer a luxury—it’s a necessity. With Infinity Webinfo Pvt Ltd’s expertise in PaySprint API integration, businesses can launch, scale, and manage fintech services with confidence. Whether you're a startup aiming to enter the market or an enterprise looking to diversify your offerings, Infinity provides the technological backbone you need to succeed.

Would you like a version of this tailored for your website, brochure, or client pitch?

WhatsApp: +91 9711090237

[news365times]

[ad_1] The Indian fintech sector has witnessed an unprecedented revolution over the last decade, driven by innovative startups and rapid technological advancements. Among these changemakers, Hyderabad-based Viyona Fintech has emerged as a leader in financial inclusion, particularly in rural and semi-urban India. With its flagship products, ViyonaPay and GraamPay, the company is not only bridging financial gaps but also redefining the role of fintech in empowering underserved communities. Fintech and Rural India: A New Dawn Rural India has historically faced significant challenges in accessing formal financial services. Limited banking infrastructure, low digital literacy and geographical barriers have created a persistent divide between urban and rural economies. However, fintech solutions have begun to change this narrative. By leveraging technology, companies like Viyona Fintech have brought banking and payment services to the fingertips of millions. The proliferation of smartphones and internet connectivity in rural regions has further accelerated this transformation, enabling even small villages to access digital financial services and fostering economic inclusion. Viyona Fintech: Pioneering Innovation for Financial Inclusion Founded in Hyderabad, Viyona Fintech has made its mark with a mission to empower rural and semi-urban India through cutting-edge digital platforms. Its flagship products, ViyonaPay and GraamPay, are reshaping how financial services are delivered. ViyonaPay: Aimed at businesses and organizations, ViyonaPay offers comprehensive payment and banking solutions, including PayIn and Payout platforms, UPI integration, and Connected Banking APIs. It enables seamless fund transfers, merchant payments, and real-time reconciliation. With robust security features and regulatory compliance, ViyonaPay is a trusted platform for enterprises looking to streamline financial operations. GraamPay: Focusing on individuals and small communities in rural areas, GraamPay is a neo-banking platform that provides services such as micro-loans, micro-insurance, UPI payments, digital gold investments, and utility bill payments. By integrating features like AEPS (Aadhaar-Enabled Payment System) and DMT (Domestic Money Transfer), GraamPay has simplified daily financial transactions for users. Its digital onboarding process, combined with an intuitive KYC system, has significantly lowered barriers to access. Impact on Rural Communities: Viyona Fintech’s platforms have made a tangible difference in the lives of rural Indians Financial Inclusion: GraamPay has revolutionized access to essential services, including micro-loans, insurance, UPI payments, and utility bill payments. Rural users can now pay for electricity, water and other utilities digitally, saving time and effort. This integration has enhanced financial literacy and empowered users to better manage their resources. Economic Empowerment: ViyonaPay has enabled businesses in rural areas to expand their operations by providing secure and efficient financial tools. Small businesses and self-help groups have particularly benefited from streamlined payment processes, enabling them to focus on growth and productivity. Job Creation: By introducing local digital banking agents and financial literacy initiatives, Viyona Fintech has created employment opportunities. These agents act as a bridge between the platform and rural communities, ensuring last-mile connectivity while contributing to local economic development. Redefining the Indian Fintech Landscape Viyona Fintech’s success mirrors the broader evolution of India’s fintech ecosystem. Once dominated by urban-centric solutions, the sector is now embracing rural India as a critical growth driver. The company’s work aligns seamlessly with the Indian government’s vision of Digital India and Atmanirbhar Bharat, fostering self-reliance and economic empowerment.Hyderabad,

often called India’s “Silicon Valley of the South,” has played a crucial role in nurturing startups like Viyona Fintech. Its robust tech infrastructure and skilled talent pool have enabled companies to innovate and scale rapidly, driving the city’s reputation as a hub for fintech innovation. Looking Ahead Viyona Fintech’s journey is far from over. The company is exploring advanced technologies such as artificial intelligence (AI) and blockchain to further enhance efficiency and security across its platforms. Additionally, plans to introduce multilingual support in GraamPay aim to make the platform even more accessible to users across diverse regions. As digital payments and financial inclusion continue to shape India’s economic landscape, Viyona Fintech is a torchbearer of change. By combining innovation with a deep understanding of grassroots challenges, the company is not only redefining the fintech landscape but also paving the way for a more inclusive and equitable future. C V K Madhu, CFO, Viyona Fintech, said “our financial strategy at Viyona Fintech focuses on blending innovation with fiscal discipline. By leveraging technology to optimize cash flows, reduce operational costs, and enhance financial transparency, we aim to deliver sustainable value while expanding access to modern financial services for every Indian”. B Nagaraj, CTO, Viyona Fintech, said “we are building a future where financial services are driven by data, powered by AI, and secured through blockchain. At Viyona Fintech, our focus is on developing resilient and adaptive systems that can handle the complexity of modern digital banking while ensuring seamless and secure experiences for users across urban and rural India”. [ad_2] Source link

[weaklymagnificentdimension]

Empowering Seamless Banking with AEPS API by Nifi Payments

In a country like India, where a significant portion of the population resides in rural and semi-urban areas, access to banking services remains a challenge. To bridge this gap, Aadhaar Enabled Payment System (AEPS) has emerged as a game-changing innovation. With the AEPS API by Nifi Payments, businesses and fintech platforms can now offer secure, real-time banking services directly to customers through Aadhaar authentication.

What is AEPS?

Aadhaar Enabled Payment System (AEPS) is a government-backed initiative that allows customers to perform basic banking transactions using their Aadhaar number and biometric authentication. No debit card or passbook is required—just Aadhaar and a fingerprint.

Nifi Payments’ AEPS API enables service providers, retailers, and fintech platforms to integrate AEPS into their systems with ease, delivering convenient banking services at the last mile.

Key Features of Nifi Payments' AEPS API:

Real-Time Transactions Instantly process withdrawals, balance inquiries, and mini statements using Aadhaar credentials.

Secure Biometric Authentication Uses fingerprint or iris scan for authentication, reducing the risk of fraud and identity theft.

Supports All Major Banks Compatible with all AEPS-enabled banks under NPCI, ensuring broad coverage and interoperability.

Retailer-Friendly Dashboard Track AEPS transactions, commissions, and settlements easily through a robust web and mobile dashboard.

Developer-Friendly Integration Simple and secure API integration for mobile apps, POS devices, and web platforms.

24x7 Availability Allow customers to access banking services even during non-banking hours.

Services Supported via AEPS API:

Cash Withdrawal

Balance Enquiry

Mini Statement

Aadhaar to Aadhaar Fund Transfer

Authentication Service

Benefits for Businesses & Retailers:

✅ Expand Service Reach: Provide banking services to unbanked and underbanked customers ✅ Generate New Revenue Streams: Earn commissions on every AEPS transaction ✅ Build Trust: Become a trusted digital banking point in your community ✅ Enhance Financial Inclusion: Empower people in rural areas with easy access to banking

Use Cases:

Retail Shops and Kirana Stores becoming mini banking points

Fintech startups offering AEPS services via mobile apps

Rural BC agents facilitating cash withdrawals in villages

Delivery personnel collecting payments via AEPS on doorstep

Final Thoughts

The AEPS API by Nifi Payments is more than a technical solution—it’s a catalyst for digital empowerment. By enabling real-time, secure Aadhaar-based banking services, it brings the power of the bank to every doorstep, ensuring that financial inclusion is not just a goal, but a reality.

Empower your business and serve Bharat better – with AEPS API by Nifi Payments.

[ppiwallet]

Top Aadhaar Enabled Payment System (AEPS) API Provider in India

PaySprint is a leading AEPS API provider in India, offering direct connectivity to Aadhaar-enabled banking systems. Our API allows service providers to offer real-time banking services using fingerprint authentication, promoting cashless transactions across urban and rural India.