💳 NearPoint Micro ATM (mATM): A New Era in Rural Banking
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By Md Hanif Hoque - AePS Banking
- 30-04-2025
- 3 minutes read
- 40 Views
What is NearPoint?
NearPoint is a prominent Indian fintech company dedicated to promoting financial inclusion through modern digital banking services. It primarily focuses on rural and semi-urban regions by offering a wide range of services such as AEPS (Aadhaar Enabled Payment System), DMT (Domestic Money Transfer), BBPS (Bharat Bill Payment System), mobile and DTH recharges, insurance, PAN card services, and Micro ATM (mATM) solutions.
🏧 What is a Micro ATM (mATM)?
A Micro ATM is a compact, portable device that enables banking services like cash withdrawal, balance inquiry, and mini statements using a debit card and PIN. It works similarly to a traditional ATM but is designed for areas lacking formal banking infrastructure.
How Does NearPoint’s mATM Work?
To use NearPoint’s mATM service, a Business Correspondent (BC) agent must register through the NearPoint portal and receive a Micro ATM device. Once active, the agent can offer banking services to local customers. Transactions are completed by swiping the customer's debit card and entering a secure PIN. The service supports major card networks such as RuPay, Visa, and MasterCard.
👥 Benefits for Customers
- 1. Convenient Cash Withdrawal
- Customers can withdraw cash directly from local stores without visiting distant bank branches.
- 2. 24/7 Availability
- Services are available even during bank holidays and after working hours.
- 3. Financial Inclusion
- Individuals previously outside the formal banking system can now access secure banking services.
- 4. Secure Transactions
- All transactions are protected with OTP and PIN authentication, ensuring customer safety.
💼 Benefits for Business Owners / Agents
- 1. Additional Income
- Agents earn commission on every successful transaction.
- 2. Higher Customer Footfall
- Offering mATM services draws more people to the business premises.
- 3. Social Recognition
- Agents become trusted financial facilitators in their local community.
🌐 Why Choose NearPoint’s mATM?
- 1. ✔️ Quick and easy registration process
- 2. ✔️ Portable and user-friendly device
- 3. ✔️ Secure and reliable technology
- 4. ✔️ Round-the-clock customer support
Conclusion
NearPoint’s Micro ATM service is more than just a technology—it’s a financial revolution. It empowers rural India by bringing banking to the doorstep. Join NearPoint today and be the change in your community.
Contact Information
24/7 customer support
- Website: www.nearpoint.in
- Mail Id : care@nearpoint.in
- Toll Free: 02269 711 141
Md Hanif Hoque
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