Micro ATM

Micro ATM

What are Micro ATMs?

Starting 1969 when ATMs were first introduced, they've evolved into high tech, quite stable, high tech, feature-rich banking terminals, offering convenience to customers, and reducing costs for banks. Micro ATMs would especially help tackle the issues which people are confronting in rural and semi-urban areas, where the ATM network is much less strong currently.

Micro ATMs is card swipe machines through which banks can remotely connect to their core banking system. In other words, micro ATMs are the handheld point of sale terminals used to disburse cash in remote places where bank branches cannot reach. Micro ATMs is very similar to point of sale (PoS) terminals and therefore are a doorstep portable banking arrangement cum-mobile ATM device.

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How can it be convenient?

1. According to shareholders, the cost of installation of a micro ATM is lesser than that of a typical ATM. ATMs want at least 80-100 transactions a day to become viable since they cost a few lakhs.
2. It's mobile
3. Micro ATM has connectivity through GSM, hence it could travel from village to village, said Das during a press discussion on Monday.


ATMs are currently spread globally, and available in most metropolitan areas, even in emerging markets. Emerging markets confront unique challenges in ATM deployment, which makes their rollouts slow:

● High real estate & support infrastructure Expenses & bottlenecks
● High operating costs (money replenishment, safety, rent, electricity, communications)

In emerging markets ATMs are largely used for Cash Deposit, Cash Withdrawal, Balance Assess, Mini Statements & Bill Payments, together with money withdrawal being the primary use case for most clients.

Features of Micro ATM

  • A handheld device that can be easily carried
  • Full-color touch screen
  • Fingerprint sensor
  • Smart Card Reader - contactless, contact
  • Thermal/impact printer in local language
  • Voice advise in local language
  • GPS
  • Communicates with backend systems