Micro ‘Human’ ATM
The Concept
- Tablet, Card Reader & Printer:
- Tablet hosts Micro ATM application, uses SIM data / WIFI
communications - EMV & PTS PCI Certified Reader with Pin-Pad, reads inserted ATM card; takes customer ATM PIN input
Thermal printer (Bluetooth or USB), with paper roll, prints receipt
- Tablet hosts Micro ATM application, uses SIM data / WIFI
- Micro ATM Application:
- Android Tablet (or mobile) based; iOS & Windows in Q4,
2014 - Login, amount entry, communication to ATM Server & receive notification
- Android Tablet (or mobile) based; iOS & Windows in Q4,
- ATM Server
- Connects to Micro ATM Application on one side, and to ATM switch on another
- Receives, processes, converts & manages transactions between Micro ATM Device & ATM Bank Switch
- Integrates to ATM Switch on ISO 8583
- Manages remote key injection (from bank HSM) to card reader device
- Manages Merchant & Device registration, activation
- Provides merchant authentication; manages device, m-App, transactions, fraud control mechanism / rules
- On line real time transactions reporting
- Merchants sells his goods & collects cash; accumulates cash thru the day
- Customers with ATM cards visit merchant, withdraw cash using his Micro ATM system
- Bank settles with merchant next day, by transfer to his account, after adjusting the merchant commission
- Merchant ‘disposes off’ accumulated cash, consumer gets cash ‘nearby & conveniently’ & bank has no cost & hassle of installing & managing ATMs
Micro ‘Human’ ATM