What is a Micro ATM?
A Micro ATM (mATM) is a compact, portable device known as a POS machine that enables essential banking services like cash withdrawal and balance enquiry. Designed especially for rural and remote areas, Micro ATMs bring banking to the doorstep of customers who have limited or no access to traditional ATMs or bank branches. With a Spice Money Adhikari operating the device, users can securely withdraw cash or check your account balance with ease.
Benefits
How does Spice Money Micro ATM work?
Using a Micro ATM is simple, quick, and secure. Here’s how it works:
Choose Transaction
Select the type of transaction you want to perform: cash withdrawal or balance enquiry.Authenticate
Insert or swipe your debit card and enter your PIN, use biometric or thumb verification (fingerprint).Enter Amount
For cash withdrawals, enter the desired amount you wish to withdraw.Transaction Processing
The Micro ATM securely connects to the bank's server to verify and process the transaction.Receive Cash & Receipt
Once approved, cash is dispensed instantly, and a transaction receipt is generated for your records.
Key Features of Micro ATM
Portable & User-Friendly
Lightweight and easy to carry
Any Bank
Access
Supports interoperable banking transactions
24/7 Earning Opportunity
With every swipe, you earn
Secure Transactions
Backed by RBI-compliant security protocols