SME Times News Bureau | 29 Jun, 2019
Payment services provider Spice Money has launched smartphone-enabled
'Micro-ATMs', similar to Point-of-Sale (PoS) card machines across its
existing 2l lakh customer touchpoints.
The company has already
been rolling out the cash withdrawal facility across its merchant points
through Aadhaar Enabled Payment System (AEPS).
"The enterprise's
AEPS systems enable thumb-print driven transactions, while its
Micro-ATMs allow users carrying debit cards to do essential financial
transactions," said the DiGiSPICE Group company said in statement.
Both AEPS and Micro-ATMs allow cash withdrawal and balance enquiry, it said.
