Beffy offers the best micro ATM services with software, mobile apps and micro ATMs. The best parts of micro ATMs are the highest cost for cash withdrawals, portable devices and ease of use. Micro ATM machines accept all bank cards and use biometrics for secure cash withdrawal transactions. Micro ATM, which is also called mini ATM. Unlike POS devices. The Micro-ATM solution enables bank correspondents (BCs) to perform basic banking services and financial transactions such as deposits, withdrawals, payments (transfer of funds), balance inquiries and small statements using biometric devices. Provide to customers. The platform allows business correspondents (who may own local Kirana stores) to make instant transactions.
Banks assign correspondents to register remote customers after verifying their identity with fingerprint or Aadhar no (fingerprint can be used as a means of authentication for local people). Fingerprints and personal information may also be linked to the Aadhaar card, which serves as proof of identity required for withdrawals.
To launch this portal, you need to complete the verification process like fingerprint scan or Aadhaar card with card swipe option. Once your identity is verified, you can choose from various transaction options such as cash deposits, direct debits, eKYC-based savings accounts, Aadhaar seeds, cash withdrawals, balance enquiries, and accepting service requests. To complete the transaction, just select the desired option, a message will appear on the screen and the receipt will be printed. After completing the transaction, as usual, you will receive a confirmation of the transaction via SMS from your bank.
A Micro ATM, also known as a mini ATM or a point of sale (POS) terminal, is a handheld device that allows individuals to perform basic financial transactions, such as withdrawing cash or checking their account balance, using a debit card or a mobile number linked to their bank account.
Micro ATMs are designed to provide basic financial services such as cash withdrawals, balance inquiries, fund transfers, and bill payments.
Anyone who has a debit card or a mobile number linked to their bank account can use a Micro ATM.
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