Customers can visit their nearest Biznext agent and do all these transactions using their debit card just like in an ATM.
Micro ATM or Mini ATM machine is a portable, handheld card swipe terminal used to dispense cash, in locations where bank ATMs cannot reach. A Mini ATM operates as a unique “Bank-in-a Box”, allowing customers to withdraw cash and know their balance. This payment solution is aimed at taking branchless banking to the last mile. Micro ATM, just as the name suggests, are smaller portable versions of ATMs and can help you boost your income in minimal investment as the Micro ATM price is very less and earnings are high.
According to the data released, only 5% of the rural population has access to ATMs. This leaves huge gap in the availability of ATM services in these areas. This is an initiative by the government of India, as it is commercially viable to have more Micro ATMs rather than having more ATMs.
This service is a win-win for everyone as it offers numerous advantages to everyone be it the retailer or the customer.
A form is required to be filled by you to become a Biznext Retailer/Distributor and these documents to be submitted for verification:
To learn more about the Micro ATM price and registration and to partner with Biznext to start your own Micro ATM business immediately and hassle-free kindly fill the form to register with us today. Once verification process is completed, we will get in touch with you to dispatch your Micro ATM machine.
The money which is given in cash is credited to the Biznext wallet of the retailer, REAL TIME , along with the commission.
Biznext offers wide range of Micro ATM machines starting from Rs. 2499 to Rs. 18,999 depending on the kind of machine the user is buying.
Agents can offer Cash withdrawal, Mini statement check, Balance Inquiry to customers without the long queues and the disappointment of cash being over at the ATM.
Biznext offers instant and real time commission to its Micro ATM agents. This commission gets reflected in the wallet of your Biznext portal immediately as you do a transaction on Micro ATM machine.
Micro ATM reaches the user in 4-7 days after the order is placed. Within this time, the activation process of the Mini ATM machine takes place simultaneously. Once the Micro ATM has reached the customer, our team will train them regarding the process and they can start using it immediately!