Micro ATM ( MATM)

Globezen Fntech



Globezen Pay MicroATM Services

Micro ATM services refer to the use of small, portable devices that function as automated teller machines (ATMs). These devices can be used to dispense cash, check account balances, and conduct other transactions typically available at traditional ATMs. In Globezen Pay, Micro ATM services can be used by customers to withdraw cash and make other transactions directly from their mobile wallet, without the need to visit a physical bank branch or ATM. This can be especially useful for people in remote or underserved areas where access to traditional banking services is limited.


BALANCE ENQUIRY :

To perform a balance enquiry using a Micro ATM in Globezen Pay, We would typically need to follow these steps:

  • Connect the Micro ATM device to a mobile phone or tablet, and launch the Globezen Pay app.
  • Log in to their account using a secure method, such as a password & fingerprint recognition.
  • Once logged in, the customer can navigate to the balance enquiry option in the app.
  • After providing the required information, the Micro ATM will communicate with the Globezen Pay system to retrieve the customer's account balance.
  • The balance will be displayed on the screen of the mobile phone or tablet, and the customer can choose to print a receipt if desired.

CASH WITHDRAWAL :

To perform a cash withdrawal using a Micro ATM in Globezen Pay, We would typically need to follow these steps:

  • Connect the Micro ATM device to a mobile phone or tablet, and launch the Globezen Pay app.
  • Log in to their account using a secure method, such as a password & fingerprint recognition.
  • Once logged in, the customer can navigate to the cash withdrawal option in the app.
  • We will need to enter the amount they wish to withdraw, and confirm the transaction.
  • The Micro ATM will communicate with the Globezen Pay system to verify the customer's account balance and ensure that there are sufficient funds for the withdrawal.
  • Once the transaction is approved, The customer can choose to print a receipt if desired & We will give the cash to the customer.





What is Micro 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.
Key Features of Micro ATM machine

Globezen Pay Micro ATM accepts all Debit cards, be it Chip & Pin or Magnetic Swipe or NFC* (Near Field Communication).

Using the Globezen Pay Micro ATM, you can now accept debit cards as a mode of payment for your business.

Safe and secure transaction with your trusted retailer and the Globezen Pay Micro ATM.

After the transaction is completed a payment receipt is produced, which can further be printed or shared directly via email or Whatsapp.

Real Time Commission on each transaction in your Globezen Pay wallet.

Micro ATM price is very less, enabling a high Return on Investment.