₹ 10,000
- Wireless: Yes
- Channel: 2.1
Micro ATM is a mini version of an ATM. Simply put, it s a mini version of an ATM,Installing ATMs in rural areas is unviable for banks due to the lower number of accounts,Low volume of transactions, low value of transactions and high cost of setting up an ATM. This machine contains card swipe facility and fingerprint scanner.Micro ATMs would particularly help address the problems that people are facing in rural and semi-urban areas, where the ATM network is not as strong currently", Department of Economic Affairs SecretaryThe customer can make various utility payments such as payment of electricity bill, water bill at the micro ATMMicro ATMs are actually modified point of sales terminals (card swipe machine) through which a bank can remotely connect to the bank's core banking system using his debit card.It is a card swipe machine with a fingerprint scanner attached to it. These machines are typically used by business correspondents (agents who represent banks in rural areas) of banks to connect customers