A unique automatic teller machine (ATM) has grabbed the attention of people in Bengaluru, as instead of dispensing money, it accepts money or ATM cards from users and dispenses gold coins. This one of its kind experiment has been initiated by online jewellery company BlueStone.com on the occasion of Diwali.
The mechanism behind its usage is quite simple and a frequent ATM user can operate it without any hassle.
“It is very simple and easy. For buying a gold coin, it really saves your time and there is no need to go to the store to buy a simple gold coin. It’s just at your finger tips, it is very easy,” said Monica, a customer.
It gives a customer multiple options to pay the amount. The user can either pay by cash or by credit or debit card. One can get gold coins weighing from one gram to 20 grams at market rates. While delivering gold coins, the machine delivers you a certificate of purity and genuineness.
Company representatives are satisfied with the response and are hopeful that given the success of this experiment in Bengaluru, similar machines can be set up in other cities across India.
(Inputs: ANI)
Video Editor: Purnendu Pritam
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