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{"id":13525,"date":"2021-06-30T04:36:38","date_gmt":"2021-06-30T04:36:38","guid":{"rendered":"http:\/\/thepurbottar.in\/?p=13525"},"modified":"2021-06-30T04:36:40","modified_gmt":"2021-06-30T04:36:40","slug":"paypoint-launches-micro-atms","status":"publish","type":"post","link":"https:\/\/thepurbottar.in\/paypoint-launches-micro-atms\/","title":{"rendered":"PayPoint launches Micro-ATMs"},"content":{"rendered":"\nPayPoint India has launched a series of ‘Micro-ATMs’ (m-ATMs) in North-East India. The m-ATMs can be deployed in rural areas from where people travel long distances just to access the nearest ATM or a bank. The handheld machines can be set up at local Kirana shops and use the same cash box of these shops.<\/p>\n\n\n\n
The m-ATMs are an ideal backup and a pivotal resource for enabling essential cash transactions when the bigger ATMs run dry. They can be easily paired with a mobile or laptop for instant delivery of cash through retail shops. Advanced and portable m-ATMs with modern facilities like chip-reading provide all conventional ATM facilities.<\/p>\n\n\n\n
PayPoint has already deployed around 900 m-ATMs in the North East region during a pilot program and plans to increase it to about 6,000-7,000 by March 2022. Initially, PayPoint India has rolled out m-ATMs in Assam to cater to the needs of tea garden laborers. These workers face a huge problem withdrawing their monthly expenses due to the unavailability of ATMs or banks nearby. Assam has more than 841 registered tea gardens with 10-lakh plus laborers. So, to curve down the demand for banking services, PayPoint has decided to deploy m-ATMs in major tea garden areas of the state.<\/p>\n","protected":false},"excerpt":{"rendered":"
PayPoint India has launched a series of ‘Micro-ATMs’ (m-ATMs) in North-East India. The m-ATMs can be deployed in rural areas from where people travel long distances just to access the nearest ATM or a bank. The handheld machines can be set up at local Kirana shops and use the same cash box of these shops. […]<\/p>\n","protected":false},"author":2,"featured_media":13530,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"sb_editor_width":"","footnotes":""},"categories":[7],"tags":[59],"class_list":["post-13525","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"relative_dates":{"created":"3 years ago","modified":"3 years ago"},"yoast_head":"\n
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