Frequently Asked Questions

FAQ:

1. What is USP of FINBITZ INNOVATIONS PRIVATE LIMITED Services?

FINBITZ INNOVATIONS PRIVATE LIMITED offer many USP like AEPS, legal services, IRCTC, verification services and along with 66 services. addition support as 24 hrs services, grow business consultation, create business marketing, high commission, supporting women empowerment, live support, no need of education and experience and affordable cost.

2. Why retailer/fresher need to use FINBITZ INNOVATIONS PRIVATE LIMITED?

Atmoon pe is giving opportunities to fresher/retailers for prove your self become independent and without having any education and experience with high commission and best service at affordable price.

3. Why would I trust your company?

FINBITZ INNOVATIONS PRIVATE LIMITED is MCA registered company, which provide one click solution.

4. what is the purpose of joining atoonpe?

Atmoon pe is offer all there USP loyalty, support and everyone can create own identity while creating there own business with 66 service along high commision at affordable price.

5. what is USP point for District Partner ?

FINBITZ INNOVATIONS PRIVATE LIMITED believed B2B bussiness then we does not appointed any Area manager and Distributors then District Partner can earn more commission which offering Highest commission in the industry along with many benifites for District Partners as live support for expand retailers.

6. Why should be District Parner Join to us?

District Partner will be govern to single district and It depend which district allocated with more population. District Parner has bigger opportunity to do his/her business with help of our Marketing team advertisement on social media which support him/her for growth of business with commition at affordable price.

7. What is Aadhaar Enabled Payment System?

Aadhaar Enabled Payment System is a payment service empowering a bank customer to use Aadhaar as his/her identity to access his/ her respective Aadhaar enabled bank account and perform basic banking transactions like balance enquiry, cash deposit, cash withdrawal, remittances through a Business Correspondent.

8.What are the services available under AePS?

Under AePS currently following services are present:

Balance Enquiry

Aadhaar to Aadhaar Fund Transfer

Cash Withdrawal

Cash Deposit

BFD

The above services are available in both inter-bank and intra-bank modes.

9. What is BFD?

BFD is Best finger detection .The best finger of a resident is the one that has the highest probability of matching. A resident can possess one or more best fingers, which can be detected during the Best Finger Detection (BFD) process. Operator checks the resident’s fingers and captures all fingers from both hands (generally ten) to determine the best fingers. Once the best attempt is captured for all fingers, It is then compared with the biometric data stored with UIDAI CIDR. Based on the response, results are communicated indicating the best fingers of the resident with the rankings in decreasing order.

10. What is Demographic authentication?

Demographic Authentication is a process wherein the resident’s Aadhaar number and demographic inputs are matched against the data stored in UIDAI CIDR provided by the resident during enrolment/update process.

11. What is eKYC Service?

eKYC is Electronic Know Your Customer. It is an electronic way of doing real time KYC of a customer using Aadhaar authentication. The Customer has to provide his/her Aadhaar number and biometrics/OTP. eKYC enables an organization to get electronic copy of customer identity and address details, as present in UIDAI database, with customer consent.

12. What are the benefits of AePS?

Benefits of AePS are as follow:

Aadhaar enabled Payment System is easy to use, safe and secure payment platform to avail benefits by using Aadhaar number & biometrics.

Aadhaar enabled Payment System is based on the demographic and biometric/iris information of an individual, it eliminates the threat of any fraud and non-genuine activity.

Aadhaar enabled Payment System facilitate disbursements of Government entitlements like NREGA, Social Security pension, Handicapped Old Age Pension etc. of any Central or State Government bodies using Aadhaar authentication.

Aadhaar enabled Payment System facilitates inter-operability across banks in a safe and secured manner.

Reaching the unreached - The model enable banks to extend financial services to the unreached clients beyond their branch network as beneficiaries of the BCs are mostly located at unbanked and underbanked areas.

What are the benefits of BFD?

The following are the benefits BFD:

Indicate all good fingers apart from best fingers

Provide consistently higher authentication accuracy

Improve reliability of authentication

Indicate suggested actions in case no good fingers are found

Identify residents who may need to update their biometrics

Identify residents who may need to use alternate authentication mechanisms due to inherent poor fingerprint quality

What are the benefits of eKYC?

eKYC as a product has following benefits

: Paperless.

Cost effective

Prevent Identity hacking and forged documents

Safe & Secure

Instantaneous

13. What is RRN No.?

RRN number is a 12 digit number generated to record the transaction and to identify a transaction uniquely.

14. What is BC?

Business Correspondent (BC) is an approved Bank Agent providing basic banking service using a MicroATM (terminal) to any bank customer wishing to avail their bank BC service.

15. What is the maximum one time transaction in Aeps?

NPCI has set a maximum transaction amount of Rs. 10,000 on a single AEPS financial transaction.

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