Cash withdrawal through mini-ATM ( MATM )
MATM Device
With Addpay MATM, a local Kirana store can now become an ATM center providing basic ATM
services such as
cash withdrawal
and deposits.
Addpay, India’s leading hyperlocal FinTech network is on a mission of building an eco-system
that will
redefine access
to financial services for the underbanked. As part of this mission, the company has added a
critical
extension to its
bouquet of services with the launch of its own network of MATMs. With the launch of Micro
ATM, Addpay
has strengthened
its product portfolio of money withdrawal services. Now along with Aadhaar enabled money
withdrawals,
Addpay retailers
can also offer cash withdrawals through debit cards. This has enabled a small kirana store
to become a
full-fledged
customer touch point for ATM like services.