Micro ATMs are portable and handheld devices used by authorised citizen service agents to facilitate users with cash withdrawal from their banks using debit cards. Micro ATMs are a game charger in the rural and remote areas where traditional ATMs and branches are not many in number. Thus, becoming an authorised agent and offering Micro ATM services is a good business opportunity in rural and semi urban areas.
For all those who are planning to work as a Micro ATM agent, here we are providing step-by-step process of Micro ATM agent registration. Read on.
How do Micro ATMs work?
Micro ATMs operate only through a network of registered agents registered with renowned and reliable banks and financial institutions, such as Religare Digital. Whenever there is a need for basic banking service like taking out cash from bank, the customer can approach the agents conveniently. They can walk-in to the nearby Micro ATM facility near them, swipe their debit cards and complete the banking transactions.
Micro ATMs are simple to operate machines and do not require any installation formalities. The authorised agents can get these machines which are integrated with bank systems to offer cash withdrawal services from the bank account. The agents are well-trained by the financial service provider about the device usage.
The local shops keep the Micro ATMs in their existing setup and provide financial services to the community around them. This is the reason why the micro ATMs have been able to successfully grow their network. Where the traditional ATMs have specific infrastructure requirements for set up and daily functioning, the Micro ATMS are portable and cost effective to operate at the remote locations.
Step-by-step Micro ATM Agent Registration
Here is a step-by-step guide to Micro ATM Agent Registration with Religare Digital –
Step 1: Visit the Micro ATM page on Religare Digital website.
Step 2: Fill in your details, such as Name, Email, City, Mobile number. Select the Product category – in this case, select Micro ATM.
Step 3: Verify mobile number with the OTP received.
Step 4: Click ‘Submit.’
Step 5: Once your details are received, the team will contact you for the process ahead.
Why choose Religare Digital for Micro ATM Agent Registration
Micro ATMs are like Point of Sale devices that work by using minimal power. They get connected to central banking servers through GPRS and bring down the operational costs. Religare Digital provides easy Micro ATM agent registration process to allow the agents get accredited and conduct the basic banking transactions. Also, there is a minimum requirement for documents and other formalities for agents to complete. They offer dedicated support to businesses to ensure that they can handle Micro ATM services efficiently.
The accredited Micro ATM agents have taken the service to the people and have helped it emerge as a substitute to a bank’s regular ATM. This service has not only made banking services accessible, but have also provided the Micro ATM agents an opportunity to improve their earnings, especially in the rural areas and tier II and tier III cities.
