SWITCHING
AASAAN
AADHAAR-ENABLED PAYMENT SYSTEM
MAXIMUS
S360
Banks, financial en es and insurance companies are progressively moving
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towards taking services closer to their customers. Customer registra on right
from the field, doorstep banking and biometric-based authen ca on systems
are examples of outreach ini a ves that these financial ins tu ons have begun
to employ to expand services to the doorstep of the customer and improve the
level of customer convenience and service.
Increasingly, customers are expec ng, nay demanding, that their transac ons
get fulfilled at their loca ons and not at distant places. Financial ins tu ons are
also becoming aware of the immense opportuni es that such customer-
convenient transac on fulfilment processes open up for them. Obviously,
engagement with a remote customer is carried out by a field agent/business
correspondent carrying a handheld terminal.
eKYC (Electronic Know Your Customer) is an important and integral part of the
financial inclusion program. Financial ins tu ons are interested in on-boarding
new customers by capturing their key a ributes and essen al documents
through field-level systems having intui ve interfaces. Once a customer is on-
boarded into the financial system through the eKYC setup, the next stage is
ASTRA transac on fulfilment.
CARDE AADHAAR Enabled Payment System (AEPS) is a bank-led model catering to
RAKSHA financial inclusion transac ons through business correspondents carrying
Micro-ATMs of the concerned bank. AEPS leverages online Aadhaar
SWAYAM authen ca on and allows Aadhaar-enabled bank accounts to operate in
AASAAN any me-anywhere banking mode through Micro-ATMs.
PAGAAR
FLEXI
committed to building a frictionless transaction ecosystem
Enhancing Efciency
MAXIMUS AASAAN is a flexible and secure solu on catering to financial
ins tu ons that are aiming to usher doorstep banking and/or penetrate the
rural markets in line with the na onal policy on financial inclusion. AASAAN
conforms to AEPS standards and is compliant with RBI, NPCI and UIDAI
requirements. It meets PCI-DSS requirements and adopts 3DES encryp on.
The MAXIMUS Micro-ATM solu on enables a financial ins tu on to on-board a
customer into the CBS by capturing KYC details right at the doorstep of the
customer using a portable, field device. The solu on includes the func onality
of uploading customer data from the field through a variety of hand-
held/portable devices. Once the customer data is uploaded to the financial
ins tu on's backend system (CBS), the solu on takes care of biometric
(fingerprint) authen ca on of the customer for transac on purposes. The
en re communica on flow between the field systems and CBS is highly secure
and takes place through a middleware that is part of AASAAN.
The MAXIMUS middleware is installed at the data centre of the financial
ins tu on or service provider and is connected to the CBS system through a host
interface. The field device is connected to the Maximus middleware through
GPRS connec vity. Hence, GSM SIM card is required inside the device. Device
security is ensured by having a security key for each HHT. This way, only the
authorized agent of the financial ins tu on is allowed to carry out field
transac ons.
AASAAN supports cash withdrawal, cash deposit, fund transfer, balance enquiry
and mini statement. Loan collec on can be handled under the cash deposit
func on.
 § Two factor authen ca on process involving PIN, Biometric or Password & Photo
verifica on

§ Built around industry-standard ISO 8583 message protocol

§ Real- me process ensuring instant customer no fica on

§ Ability to interact with different external systems over intranet and internet.

§ Can be enhanced to support bill payment and eGovernment payments

BENEFITS
§ Ease of carrying out transac ons right at the doorstep of the customer with great
reduc on in paperwork Improves customer service significantly; no queuing at the
branch and elimina on of middlemen

§ KYC data of customers captured from the field in real- me leading to speedier opening
of accounts in CBS

§ Basic customer data downloaded from AADHAAR database during on-boarding (in case
of AEPS)

SCHEMATIC OF AASAAN § Secure biometric (fingerprint) authen ca on with AADHAAR system for customer
transac ons
FEATURES
§ Supports all customer transac ons (cash withdrawal, cash deposit, loan collec on,
§ Highly configurable management panel with role-based access and well-defined agent
balance enquiry, mini statement, etc.)
management process to set transac on limits, agent commission and daily limits
§ Cash deposits done by customers in the field get reflected in the CBS instantaneously
§ User-friendly and rich graphical interface for agents

§ Middleware provides flexible, reliable and convenient mechanism for connec ng

handheld terminals to CBS

§ Middleware is designed to minimize the overall data transfer sizes leading to reduc on in
network load

MAXIMUS INFOWARE (INDIA) PVT. LTD.

MAXIMUS
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4th Floor, Balaji Infotech Park, Road No.16A,
Wagle Industrial Estate, Thane West – 400604
Maharashtra, India
Enhancing Efciency connect@maximusinfoware.in | www.maximusinfoware.in