An AEPS is a system which enables customers to identify their bank details using his/ her identity, for the performance of basic services like banking transactions, cash withdrawals, and balance enquiries. Makepay AEPS services encourage cashless transactions by using a fingerprint sensor or iris scan for biometric verification, by ensuring a high level of security for each and every transaction. The service benefits by providing a maximum withdrawal of RS 10, 000 per transaction within a few minutes. Though there is no limit, in some banks there is a daily limit of over Rs 50, 000 on total transactions.