May 18, 2013


MicroATM technology becoming popular in these days due to its highly sophisticated features , it allows customers to carry out their financial   transactions using Aadhaar number and Biometrics or OTP (One Time Password) as an identity proof

Financial transactions such as Deposit,Withdrawal,Funds transfer,Balance inquiry can be performed  by microATM , also it ensures security and transparency of transactions

The microATM supports authentication types like Aadhaar + OTP, Magstripe card + Biometric , Magstripe card + OTP , OTP + Bank PIN , Aadhaar + Biometric.


Main objectives of microATM  technology has been listed below :

  • Cost effectiveness : integrating  microATMs to  banks’ networks with using their existing systems
  • Supports Maximum existing banking systems
  • Provides secured and  transparent transactions
  • Easy to learn technology that reduces training cost

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