Micro ATM meant to be a device that is used by a million Business Correspondents (BC) to deliver basic banking services. The platform will enable Business Correspondents (who could be a local kirana shop owner and will act as ‘micro ATM’) to conduct instant transactions.
The micro platform will enable function through low cost devices (micro ATMs) that will be connected to banks across the country. This would enable a person to instantly deposit or withdraw funds regardless of the bank associated with a particular BC. This device will be based on a mobile phone connection and would be made available at every BC. Customers would just have to get their identity authenticated and withdraw or put money into their bank accounts. This money will come from the cash drawer of the BC. Essentially, BCs will act as bank for the customers and all they need to do is verify the authenticity of customer using customers’ UID. The basic transaction types, to be supported by micro ATM, are Deposit, Withdrawal, Fund transfer and Balance enquiry.
The Micro ATM is invented to help people of the rural area for the financial inclusion. However, in heavy cash crunch problem like today these types of Micro ATM Machines is boon to everyone. Apply online at www.MULTIPE.in to buy Micro ATM at best price Today.
Micro ATMs are card swipe machines through which banks can remotely connect to their core banking system. This machine comes with a fingerprint scanner attached to it. In other words, micro ATMs are handheld point of sale terminals used to disburse cash in remote locations where bank branches cannot reach
Multipe offers best Micro ATM service with software, mobile app and micro ATM devices. Best part of micro ATMs are best commission on cash withdrawal, portable device, easy to use. Micro ATM devices accept all bank cards and biometrics secure transaction for cash withdrawal.
“micro atm price”
“micro atm near me”
“micro atm sbi”
“micro atm app”
“aadhaar micro atm price”
“micro atm machine price in india”