In India’s rapidly expanding digital economy, AEPS (Aadhaar Enabled Payment System) has emerged as one of the most powerful tools for financial inclusion. If you’re starting a B2B business in digital services or looking to expand your service portfolio, choosing between an AEPS software provider and an AEPS aggregator can be a game-changing decision. But how do you know which is right for your business?

Let’s break down both options in easy language to help you decide.

What Is an AEPS Software Provider?

An AEPS software provider builds and offers a complete white-label software solution that lets you run your own AEPS portal. With this model, you have more control over your branding, pricing, commission structure, and user management. The software is connected to an aggregator or NPCI-certified bank API, but you own the platform.

Key Features of an AEPS Software Provider:

• Custom dashboard for admin, distributors, and retailers

• Real-time AEPS transaction system

• Biometric device integration

• Multi-bank transaction support

• Branding in your name/logo

• Option to add services like micro ATM, DMT, BBPS, etc.

What Is an AEPS Aggregator?

An AEPS aggregator acts as a middleman between the AEPS service (NPCI/bank) and retailers or CSPs. You do not own the software but are connected to the aggregator's system. In simple words, you become a retailer under someone else's brand.

Features of AEPS Aggregator:

• Ready-to-use platform

• No setup or development needed

• Limited control over commission and branding

• Fixed transaction charges

• Support for AEPS services under aggregator’s name

AEPS Software Provider vs Aggregator – What’s the Difference?

Choose AEPS Software Provider If:

• You want to build a fintech brand under your name

• You plan to manage distributors and agents

• You want full control over service charges and commissions

• You aim for long-term business growth

• You are willing to invest in software and build your own network

Choose AEPS Aggregator If:

• You’re just getting started and want to test the market

• You don’t have the budget to buy software

• You want to operate as a retailer or CSP under someone else’s platform

• You prefer a ready-to-use system with minimal responsibility

Things to Consider Before Choosing

Before you make your final decision, keep these points in mind:

1. Business Goals – Are you looking for short-term income or a long-term digital business?

2. Investment – Do you have funds to build or buy your own software?

3. Technical Support – Will you get 24/7 support and regular software updates?

4. Additional Services – Does the platform allow you to add micro ATM, BBPS, PAN card, etc.?

5. Settlement Speed – Instant or delayed settlements? Check transaction processing time.

Final Words

Both AEPS software providers and aggregators play important roles in India’s financial ecosystem. But for a serious B2B entrepreneur looking to scale, become profitable, and create a brand identity, working with an AEPS software provider is often the better choice.

It gives you ownership, growth opportunity, and the ability to offer a complete range of services under your own name. In contrast, AEPS aggregators are best suited for beginners or small-scale retailers who want to get started quickly.

Make your decision based on your vision, budget, and how much control you want over your business. Either way, AEPS services are helping bring banking to every corner of India — and now is the best time to join the movement.