FINO Payments Bank Mini ATM - AF60S WatchData White
FINO Payments Bank Mini ATM - AF60S WatchData White
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Do you want to order FINO Payments Bank Mini ATM - Watchdata AF60S white device in bulk quantities?Β Here're the "Wholesale Deals" for you.
Brand:Β FINO Payments Bank
Color:Β White
Model:Β AF60S
Warranty:Β 1 Year
Product description
This new FINO Payments Bank Mini ATM machine, modelΒ AF60S, is imported byΒ Mantra SoftechΒ India Private Limited. AF60S Micro ATM is useful to generate the ATM Card PIN of FINO Payments Bank debit cards. Along with ATM PIN generation, this Micro ATM is also used for cash withdraw and balance enquiry.
Maximum commission per withdrawal: Rs.10
Maximum withdrawable amount per transaction: Rs.10,000
Daily maximum withdraw limit per card:Β Rs.10,000-Rs.50,000Β (depending upon the respective bank and card's daily withdraw limit)
Basic Features:
- Item: Point of Sale Terminal
- Model:Β AF60S
- Input: 5.0V --- 500mA
- Net Weight: 125 Gram
- MRP: Rs.4,000
Box includes:
- Point of Sale Terminal (Mini ATM)
- User manual
- USB Cable
- Merchandise & Safety Manual
Manufactured by:
Beijing Shenzhou Security Pay Technology Co., Ltd
Imported By:
Mantra Softech(I) Pvt. Ltd.,Β B-203, Shapath Hexa, Opp. Kargil Petrol Pump, S.G. Highway, Ahmedabad - 380061, Gujarat
Marketed By:
FINO Payments Bank
-:Commission Slab of FINO Micro ATM:-
Commission as of January, 2023
Fino Payments Bank: A Prominent Player in India's Financial Inclusion Efforts
Fino Payments Bank is a payments bank based in India. It was one of the 11 entities that received in-principle approval from the Reserve Bank of India (RBI) in August 2015 to set up a payments bank. The bank officially launched its services in 2017, with a focus on serving the unbanked and underbanked population in India through its network of banking correspondents and mobile banking services.
As a payments bank, Fino is able to accept deposits up to a maximum balance of INR 1,00,000 per individual customer, and offer a range of banking services including small savings accounts, payments and remittance services, and mobile banking. Additionally, Fino also provides other financial services, such as loans and insurance, through its partnerships with other financial institutions.
Fino's target market is the underbanked population in India, particularly migrant labor workforce, low-income households, small businesses, and other unorganized sector entities. By providing these individuals and businesses with access to basic banking services, Fino is helping to promote financial inclusion in the country.
In terms of performance, Fino has shown strong growth in its customer base and deposits. As of December 2020, the bank had over 5.5 million customers and deposits of INR 1,700 crore. Additionally, Fino has been recognized for its efforts in promoting financial inclusion, receiving several awards including the "Best Payment Bank" award at the Indian Digital Banking Awards in 2020.
In conclusion, Fino Payments Bank is a well-established and growing payments bank in India that is playing a key role in promoting financial inclusion in the country. Its focus on serving the unbanked and underbanked population, along with its strong growth and recognition in the industry, make it a noteworthy player in the Indian banking sector.
Understanding the Role of Payments Banks in Promoting Financial Inclusion in India:
Payments banks are a new model of banks conceptualized by the RBI to further financial inclusion in the country by providing small savings accounts and payments/remittance services to migrant labor workforce, low income households, small businesses, other unorganized sector entities and other users.
FINO Payments Bank Mini ATM - AF60S WatchData White
Very good service. Earlier, I used PAX D180, now I am using this WatchData FINO MATM. Nice π
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FAQs
A mini ATM, also known as a micro ATM or a card swipe machine, is a small, portable device that allows customers to perform various financial transactions, such as cash withdrawals and balance inquiries, using their debit or credit card. These machines are typically smaller in size compared to traditional ATMs and are designed to be placed in locations that are not easily accessible by traditional ATMs, such as small towns and rural areas.
Mini ATMs are connected to a bank's network and can perform transactions in real-time. They are also equipped with a card reader, a keypad, and a display screen, allowing customers to perform transactions in a similar way as they would with a traditional ATM. They may also be equipped with a thermal printer for printing transactions receipts.
Mini ATMs can be installed and operated by various entities such as Banks, NBFCs and other authorized entities, and are often used as a way to provide financial services to under-banked populations. They can also be used as a way to increase the number of ATMs in a certain area, making it more convenient for customers to access their bank accounts.
Mini ATMs are also a cost-effective solution as they require less space and maintenance compared to traditional ATMs.
AEPS (Aadhaar Enabled Payment System) is a payment system that uses the Aadhaar number, a unique 12-digit identification number issued by the Indian government to all citizens of India, as the primary mode of authentication. This system allows customers to make financial transactions using their Aadhaar number and fingerprint. AEPS is a convenient and secure way to make transactions, as it eliminates the need for customers to carry cash or cards, and it can be used to make transactions at any AEPS-enabled point-of-sale (POS) terminal.
Bluetooth thermal printers are a type of portable printer that utilize Bluetooth technology to connect wirelessly to devices such as smartphones and tablets. These printers are commonly used for printing receipts, labels, and other types of paper-based documents.
A thermal printer is a type of printer that uses heat to transfer ink onto paper. They are commonly used in point-of-sale (POS) systems, barcode labeling, and other industrial and commercial applications. Thermal printers use a thermal print head, which applies heat to specially coated paper, causing the ink to be transferred and create the printed image. These types of printers are known for their speed and reliability, as well as their low cost of operation, as they do not require ink or toner.
One of the key benefits of Bluetooth thermal printers is their portability. They are small and lightweight, making them easy to carry around and use on the go. This makes them a popular choice for businesses that need to print receipts or labels while out of the office, such as delivery drivers or field technicians.
Another benefit of Bluetooth thermal printers is their ease of use. They typically connect to devices via Bluetooth, which eliminates the need for cords or cables. This makes it easy to connect and start printing quickly. Additionally, many Bluetooth thermal printers are compatible with a variety of different operating systems, such as Android and iOS, making them a versatile choice for different types of devices.
Bluetooth thermal printers also have a long battery life, making them a reliable option for on-the-go printing. They can often last for several hours on a single charge, which makes them suitable for use during long shifts or all-day events.
In terms of print quality, Bluetooth thermal printers produce sharp and clear text, making them suitable for printing receipts, labels, and other types of paper-based documents. They are also fast, which makes them a good choice for businesses that need to print multiple documents quickly.
Overall, Bluetooth thermal printers are a convenient and reliable option for businesses that need to print paper-based documents on the go. Their portability, ease of use, and long battery life make them a popular choice for a wide range of industries, including delivery and logistics, retail, and field services.
Thermal printers are commonly used in AEPS-enabled POS terminals as they are able to print the transaction receipts quickly and effectively. The thermal printer is connected to the AEPS-enabled POS terminal, which is connected to the customer's Aadhaar number and fingerprint, allowing for quick and secure financial transactions.
YES! Cash on Delivery (COD) facility is available. We charge a small COD charge extra in advance to avoid fake orders. WhatsApp us for more details: 7679000122.
The maximum quantity to order on "Cash on Delivery" at a single order is 10 pieces.
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