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Micro ATM


 

BLS E-Services Private Limited Retailers can now accept payments from several Card. The device is easy to use and empower Retailers to go cashless transaction . Micro/Mini ATM network that provides convenient banking services to citizens.As India's first interoperable operating system, it is a banking innovation that can serve any bank customer though our portable device with debit card interface. The Micro ATM Machine is operated by BLS E-Services Private Limited Retailer that will includes a card reader for all cash withdrawal and balance enquiry transactions from all bank debit cards.

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. The basic transaction types, to be supported by micro ATM, are Deposit, Withdrawal, Fund transfer and Balance enquiry.

BLS E-Services offer member to use micro atm services after registration on BLS E-Services.