How to Earn Commission Through Micro ATM?

micro ATM service provider

ATMs have made our life very easy especially in urban areas and metro politician cities. But still, there is a very big portion of our society that is apart from this banking inclusion. Almost 74% of the Indian population belongs to rural areas where no bank or ATMs are available to use banking services. To resolve this problem, NPCI and RBI invented micro ATM. 

What is Micro ATM?

Micro ATM is a compact form of ATM which is used by business correspondents to offer banking services. Micro ATM is a combination of software and hardware. It works on the concept of AEPS service. As in AEPS service, customer needs Aadhaar card to use banking services, while micro ATM required debit card to use all banking services as AEPS.

Micro atm is mostly used in rural areas to provide financial services to the people who are available to visit bank or ATM. 

 How Customers Can Use Banking Service Using Micro ATM?

To use banking service through micro ATM, customers required a debit card and PIN. 

Now a question areas that why micro ATM required when AEPS was there in rural areas. 

The answer is very simple-

1. Although AEPS is used through Aadhaar card while micro ATM is based on debit card

2. Sometimes an issue comes when people are unable to approved fingerprint due to any reason, in this case micro ATM can help them to use banking services seamlessly

3. Along with AEPS service, people can use micro ATM as multiple options to use banking service

So these are few points that justify the invention of the micro ATM. Along with this, there are various benefits of using a micro ATM app. 

• To use banking service through micro ATM, customers just have to visit a nearby business correspondent. 
• Customers can use any banking transaction like cash withdrawal, deposit, money transfer, balance enquiry and mini statement using micro ATM. 
• BC swipe customer's debit card in micro ATM machine and ask for desire financial transaction. 
• After selecting the transaction type, customers ha to fill the unique PIN number and after the submission transaction take place. 

Financial transaction through micro ATM is as simple as normal ATM. 

Why Micro ATM is Beneficial for Business Correspondents?

If you are an AEPS service provider, you already aware about the benefit of using micro ATM. 

But if you are stll planning to start then don't worry. Here I will explain to you why you must use micro ATM as well as AEPS. 

As in AEPS, business correspondents earn commission on each and every financial transaction, micro ATM works on the same AEPS commission structure. 

BC can earn the same commission on every banking transaction as AEPS. 

Is it exciting?

Definitely, because as an admin or business correspondent, a micro ATM can help you to boost your transactions as well as your profit. 

Who is the Best Micro ATM Service Provider?

Ezulix software is a leading AEPS service provider company in India over the last few years. So If you are planning to start your own AEPS business as an admin, Ezulix AEPS portal is best for you. Along with AEPS, we provide add-on micro ATM service in our portal which is totally free.

We offer you AEPS portal with a micro ATM service, micro ATM application through which you can offer all banking services. Along with this, we provide micro ATM machines with add-on mPOS features. 

Yes, you are reading absolutely right. 

We provide you micro ATM machine with add-on mPOS features. For more details, you can read this article. 

The business correspondent can directly link micro ATM machine to mATM app through Bluetooth and can operate.

We provide you highest commission on each and every transaction performed using micro ATM. 

Conclusion

So I think you have learned how you can earn commission through micro ATM. 

You can convert your retail shop into a digital shop and can make extra income by offering banking services to customers. 

Although our new micro ATM machines are fully advanced, you can also use mPOS features in this. It means you can use all debit, credit cards through this machine and can offer multiple services to your members. 

For more details visit my blog or apply for a free live demo.