Introduction -Biometric Micro-ATM

Biometric Micro-ATMs from Bioenable are latest biometric authentication enabled handheld device.Micro-ATMs are also known as a Point of Transaction Terminal(PoT).

Application – Biometric Micro-ATM

Micro-ATMs will primarily perform the following functions:

  • Cash withdrawal
  • Cash deposit
  • Balance inquiries
  • Remittances

Micro-ATM’s Need

In the rural area it is not feasible for the banks to availing ATMs for following reasons

  • High ATM Set up cost
  • Low Rural population
  • Transaction volume is low
  • Low transaction value

Micro ATMs from BioEnable Technology is a one stop solution for banks bring ATM services to the unbanked rural areas in a secure manner.

Micro-ATM works

Micro-ATM will be operated by the Bank appointed Business correspondents (BC )The Bank appointed BC handle the physical currency , not like a regular ATM machine.All transactions will require online biometric authentication with the UIDAI authentication server in order to be processed.

This Biometric Micro ATMs will allow customers to perform basic financial transactions using only their AADHAAR number and their fingerprint as identity proof (along with a Bank Identification Number for inter-bank transactions). Unlike an ATM, the cash-in / cash-out functions of the micro ATM will be performed by an operator, thus bringing down the cost of the device and the cost of servicing the customer. The micro ATM will support the following financial transactions:

  • Cash Transaction :- Cash Deposit ,Cash Withdrawal
  • Funds transfer
  • Balance inquiry for Bank Account

Benefits – Biometric Micro-ATM Solution

  • High Accuracy
  • Give strong authentication
  • Biometric authentication is used instead of PIN
  • Cost Reduction :- Hidden costs of ATM card management like card personalization, delivery, management, re-issuance, PIN generation, help-desk, and re-issuance can be avoided
  • Sutaible for Indian rural area
  • Flexible account access allows clients to access their accounts at their convenience
  • Low operational cost

mPos Technical Specification

MPOS Terminal specifications

No

Component

Specification

1

Processor

Intel Atom processor Z510 and US15W System controller hub

2

Memory

512 MB

3

Storage

8 GB compact ,Flash upto 32 GB

4

Display

5 inch TFT color LCD,4-wire Resistive touch screen with stylus

5

Printer

2 inch high speed thermal printer ,paper roll with 57*35mm diameter ,length 13 M

6

Battery life

Li-Polymer Battery, 4000mAh/8000mAh ,operating time 4hrs/8hrs

7

Dimension

140*32*292 mm

8

Weight

900g

9

Operating temp.

0- 40 degree centigrade

Fingerprint scanner specification

enBioScanc1 Single fingerprint scanner for authentication:
STQC Certified Fingerprint reader

 

 

 

 

 

No

Component

Specification

1

Fingerprint Sensor

NITGEN OPU08

2

Image Size

260 (x) x 330 (y)

3

Image Resolution

500 [PPI]

4

Image Scale

256 Level Grayscale (8-bit)

5

Interface

USB 2.0, Plug & Play

6

Operating Humidity

RH 10~90 %

7

Compliance

STQC Certified,KC,CE,FCC,WHQL, RoHS, FBI (IAFIS)

 

  Submit Inquiry