Oxigen Services starts mobile Micro ATM drive

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Oxigen Services starts mobile Micro ATM drive

Deploys devices at 27 location across Delhi NCR for money deposit 

New Delhi, 19 November, 2016. India’s largest payment solution provider, Oxigen Services today announced Mobile Micro ATM drive to help customers deposit the discontinued Rs. 500 and Rs 1,000 notes in their respective bank accounts. In the initial phase Oxigen Micro ATMs will be deployed at 27 locations across Delhi NCR. Micro ATM is a full featured banking access device and payment transaction device. A customer whose account is aadhaar linked can deposit as well as withdraw money at these micro ATMs. The Oxigen Micro ATM can also be used for eKYC based account opening, money transfer, Jan Dhan account transactions, mobile recharge, TV & Data recharge, wallet to bank a/c money transfer, wallet cash loading, Near Field Communication Tap & Pay and Prepaid Visa load through cash. Oxigen Services is the only non-banking player approved to operate Micro ATMs.

The locations where mobile Micro ATMs are being deployed include: Gurgaon Sector 14, Gurgaon Sector 17, Gurgaon Sector 31, Gurgaon Sector 55 Housing Society, Gurgaon Sector 32, Gurgaon South City 1, Galleria Market, DLF Ph 1 Arjun Marg, Kutub Plaza, Sushank Lok 1, R.K Puram Sec 8, East Delhi Laxmi Nagar, North Delhi Kamla Nagar Market, Dwarka Sector 10, Dwarka Sector 7, Rohini Sector 16, Rohini Sector 11, Tilak Nagar Main Market, Gurgaon Palam Vihar Extension, Dilli Haat, INA Market, Okhla Phase 2, South Delhi Malviya Nagar, Karol Bagh, Gaffar Market, EDM Mall East Delhi, Vasant Kunj DDA Market, Govindpuri, Kalkaji Main Market, Mahipal Pur Main Market, Sarojini Nagar Market.

Oxigen Services recently announced upgrading its over 60,000 point of sales (PoS) devices into micro ATMs spread across the country apart from deploying additional 2,000 micro ATMs by the end of December 2016. After this, approximately 3,000-5,000 micro-ATMs are to be deployed every month, and in due course 1 million micro ATMs across the country in the coming 3 years.

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