Aadhaar Enabled Payment System (AEPS) has revolutionized digital banking in India, allowing users to perform basic transactions using just their Aadhaar number and biometric authentication. Among the many AEPS service providers, AEPSPe and AepsSeva stand out as popular choices for merchants and agents. But how do they compare in terms of AEPS commission and activation speed?
In this detailed comparison, we’ll break down the key differences between AEPSPe vs AepsSeva, helping you decide which platform suits your business needs better.
What Are AEPSPe and AepsSeva?
Before diving into the comparison, let’s briefly understand what these platforms offer:
-
AEPSPe is a leading AEPS service provider known for its high commission rates, instant activation, and reliable transaction processing. It supports cash withdrawals, balance inquiries, and fund transfers via Aadhaar authentication.
-
AepsSeva is another prominent AEPS platform that offers competitive commissions, easy onboarding, and multi-bank support. It is widely used by small merchants and banking correspondents.
Both platforms enable users to conduct AEPS transactions, but their commission structures, activation time, and additional features differ significantly.
AEPSPe vs AepsSeva – Key Comparison Factors
To determine which service is better, we’ll compare them based on:
-
AEPS Commission Rates
-
Activation Speed & Onboarding Process
-
Transaction Limits & Charges
-
Customer Support & Reliability
-
Additional Features
Let’s explore each factor in detail.
1. AEPS Commission Rates
One of the biggest deciding factors for agents is the AEPS commission they earn per transaction.
| Service | Cash Withdrawal Commission | Balance Inquiry Commission | Mini Statement Commission |
|---|---|---|---|
| AEPSPe | ₹10 – ₹15 per transaction | ₹2 – ₹5 per transaction | ₹3 – ₹7 per transaction |
| AepsSeva | ₹8 – ₹12 per transaction | ₹1 – ₹3 per transaction | ₹2 – ₹5 per transaction |
Key Takeaways:
-
AEPSPe offers higher commissions across all transaction types, making it more profitable for high-volume agents.
-
AepsSeva provides slightly lower commissions but may attract smaller merchants with its ease of use.
2. Activation Speed & Onboarding Process
How quickly you can start transacting is crucial for business efficiency.
| Service | Activation Time | Documentation Required |
|---|---|---|
| AEPSPe | Instant – 24 hours | Aadhaar, PAN, Bank Details |
| AepsSeva | 24 – 48 hours | Aadhaar, PAN, Bank Details + KYC |
Key Takeaways:
-
AEPSPe has faster activation, sometimes instant, which is ideal for agents who want to start earning immediately.
-
AepsSeva takes slightly longer due to additional KYC checks, but it ensures better security.
3. Transaction Limits & Charges
Both platforms have different transaction limits and fees:
| Service | Daily Withdrawal Limit | Per Transaction Fee | Monthly Maintenance Fee |
|---|---|---|---|
| AEPSPe | ₹10,000 – ₹50,000 | ₹1 – ₹3 | ₹0 – ₹100 (varies) |
| AepsSeva | ₹10,000 – ₹25,000 | ₹1 – ₹2 | ₹50 – ₹150 |
Key Takeaways:
-
AEPSPe allows higher withdrawal limits, beneficial for agents handling large transactions.
-
AepsSeva has lower fees but stricter limits, making it better for small-scale merchants.
4. Customer Support & Reliability
A good AEPS provider must offer strong customer support.
-
AEPSPe provides 24/7 support via call, WhatsApp, and email, with quick issue resolution.
-
AepsSeva offers support during business hours, and some users report delays in troubleshooting.
Verdict: AEPSPe wins in customer support due to its round-the-clock availability.
5. Additional Features
Beyond basic AEPS transactions, both platforms offer extra services:
-
AEPSPe:
-
Multi-bank support (SBI, HDFC, ICICI, etc.)
-
DMT (Domestic Money Transfer) services
-
Fast settlements (within 2 hours)
-
-
AepsSeva:
-
AEPS + Micro ATM services
-
Bill payments & recharges
-
Slower settlements (6-12 hours)
-
Verdict: AEPSPe is better for fast transactions and higher earnings, while AepsSeva is more versatile for additional banking services.
Which One Should You Choose?
Go for AEPSPe if you:
✅ Want higher commissions
✅ Need instant activation
✅ Prefer 24/7 customer support
✅ Handle large transaction volumes
Choose AepsSeva if you:
✅ Need additional services like bill payments
✅ Are okay with slightly lower commissions
✅ Prefer a simple, user-friendly platform
Frequently Asked Questions (FAQs)
1. Which AEPS provider has the highest commission?
AEPSPe offers higher commissions (₹10-₹15 per withdrawal) compared to AepsSeva (₹8-₹12).
2. Is AEPSPe activation really instant?
Yes, in most cases, AEPSPe activation is instant or within 24 hours, while AepsSeva takes 24-48 hours.
3. Can I use both AEPSPe and AepsSeva together?
Yes, many agents use multiple AEPS providers to maximize earnings and backup options.
4. Are there any hidden charges?
AEPSPe has no hidden fees, but AepsSeva may charge a monthly maintenance fee (₹50-₹150).
5. Which is better for rural areas?
Both work well, but AepsSeva’s micro-ATM features may be more useful in remote locations.
Final Verdict: AEPSPe vs AepsSeva
If higher earnings and speed are your priority, AEPSPe is the clear winner. However, if you need additional banking services and a simpler interface, AepsSeva could be a better fit.
Ultimately, your choice depends on your transaction volume, location, and business needs.
Disclaimer
This post is for educational purposes only. The information provided is based on research and user experiences. If you have any concerns regarding this content, please visit our DMCA page for removal requests. Always verify details from official sources before making financial decisions.