On December 14, 2020 Aceware in association with ICICI Bank launched ‘AceMoney Micro ATM(Automated Teller Machine) service’ in Kochi, Kerala. This service will enable people to withdraw money from their bank account from home. The customers of all banks can avail this service.
The money will be delivered, within 30 to 40 minutes of placing the order at the doorstep of the customer.
- This service will initially be available only in Kochi city.
- The company also plans to expand this service to all the municipalities in the state by January 2021.
About AceMoney Micro ATM service:
i.Customers can place orders for money on the AceMoney app. The app can be downloaded from Google Play Store and App Store.
ii.After the order is placed, a delivery executive will visit the customer with a micro-ATM.
iii.Customer after swapping the ATM card and entering the Personal Identification Number(PIN) can collect the amount.
Maximum Withdrawal Limit
As the other bank ATMs withdrawals, the maximum withdrawal limit for this is also Rs 10,000 per transaction.The withdrawal limit per day vary depending on the bank
In addition to the doorstep delivery of money, over 100 services are available on the app including money transfer, bill payments and recharges, land and building tax payment, among others.
Recent Related News:
In order to eliminate the use of physical card or touch an ATM PIN pad, amid the spread of coronavirus from contaminated surfaces, Empays Payment Systems has joined hands with Mastercard to launch “Cardless ATM powered by Mastercard” in India based on the standards of EMV (Europay, Mastercard, and Visa). With this, India will be the first country outside the United States (US) where this product will be launched.
About ICICI Bank:
Headquarters– Mumbai, Maharashtra
Managing Director(MD) and Chief Executive Officer(CEO)- Sandeep Bakhshi
Tagline– Hum Hai Na, Khayal Apka
Formed– 1955 at the initiative of the World Bank.
MD– Nimisha Joseph(J) Vadakkan