Finance:Goldsikka ATM

From HandWiki
Short description: Indian gold-dispensing ATM

Goldsikka ATM is an Indian automated teller machine (ATM) in Hyderabad that dispenses Gold coins. It was designed to dispense items made of pure gold from automated banking vending machines. It was India's first gold ATM. It was also the world's first to provide real time gold pricing for the ATM.[1][2][3][4]

History

It was launched by Goldsikka Pvt. Ltd. with the collaboration of OpenCube Technologies Pvt. Ltd. in 3 December 2022 at Ashoka Raghupathi Chambers, Begumpet.[5][6][7][8] It was inaugurated by Vakiti Sunitha Laxma Reddy, Chairperson of Telangana Women's Commission.[9] In December 2023, Goldsikka ATM was launched at Ameerpet metro station, that dispenses Gold and silver coins.[10]

Functions

It can dispense gold coins ranging from 0.5 grams to 100 grams.[11][12][13] In the machine, people can use credit or debit card.[14] It gives 24/7 service to their customers[15] and also gives the live price of gold.[16] The gold will be of 24 carat and can store 5 kg gold.[17][18] It gives pure and hallmarked gold coins.[19] Its price is updated from the London bullion market.[20] Its coins are dispersed in packs which are tamper proof and certified with 999 purity.[21][22]

See also

References

  1. ↑ "Real Time Gold Atm Machine in Hyderabad INDIA | Goldsikka" (in en). https://goldsikka.com/gold-atm. 
  2. ↑ "Gold ATM in Hyderabad pitched as first-of-its kind| 5 points" (in en). 2022-12-06. https://www.hindustantimes.com/india-news/gold-atm-in-hyderabad-pitched-as-first-of-its-kind-5-points-101670286815945.html. 
  3. ↑ "India gets world’s first gold ATM in Hyderabad; here’s how it works" (in en). 2022-12-06. https://www.businesstoday.in/latest/corporate/story/india-gets-worlds-first-gold-atm-in-hyderabad-heres-how-it-works-355349-2022-12-06. 
  4. ↑ "Golden news for city of Nizams: Hyderabad gets India's first real time Gold ATM" (in en). 2022-12-04. https://www.timesnownews.com/hyderabad/golden-news-for-city-of-nizams-hyderabad-gets-indias-first-real-time-gold-atm-article-95982570. 
  5. ↑ "Hyderabad: India's first gold ATM launched at Begumpet" (in en-US). 2022-12-04. https://www.siasat.com/hyderabad-indias-first-gold-atm-launched-at-begumpet-2471885/. 
  6. ↑ "India’s 1st gold ATM comes up in Hyderabad". https://www.newindianexpress.com/cities/hyderabad/2022/dec/05/indias-1st-gold-atm-comes-up-in-hyderabad-2525151.html. 
  7. ↑ "Hyderabad gets India's first real-time Gold ATM" (in en). https://www.aninews.in/news/national/general-news/hyderabad-gets-indias-first-real-time-gold-atm20221205224330/. 
  8. ↑ "India’s first gold ATM comes up in Hyderabad" (in en). 2022-12-05. https://www.firstpost.com/india/indias-first-gold-atm-comes-up-in-hyderabad-11753171.html. 
  9. ↑ "Country's first gold ATM inaugurated in Hyderabad". https://www.etvbharat.com/english/national/state/telangana/countrys-first-gold-atm-inaugurated-in-hyderabad/na20221204153740798798813. 
  10. ↑ "Goldsikka opens upgraded version of Gold ATM to dispense gold, silver coins". https://www.thehindubusinessline.com/markets/gold/goldsikka-opens-upgraded-version-of-gold-atm-to-dispense-gold-silver-coins/article67687139.ece. 
  11. ↑ "India’s first gold ATM and world's first real time gold ATM launched in Hyderabad" (in en-US). 2022-12-04. https://telanganatoday.com/indias-first-gold-atm-and-world-first-real-time-gold-atm-launched-in-hyderabad. 
  12. ↑ "First gold ATM of India to be launched in Hyderabad" (in en-US). 2022-03-18. https://munsifdaily.com/news/regional-news/hyderabad-news/first-gold-atm-of-india-to-be-launched-in-hyderabad/. 
  13. ↑ "Hyderabad gets India's first real-time Gold ATM" (in en). https://timesofindia.indiatimes.com/business/startups/companies/hyderabad-gets-indias-first-real-time-gold-atm/articleshow/96026915.cms. 
  14. ↑ "Hyderabad gets India's first real-time Gold ATM". The Economic Times. https://economictimes.indiatimes.com/news/india/hyderabad-gets-indias-first-real-time-gold-atm/articleshow/96016789.cms. 
  15. ↑ "India's first Gold ATM launched in Hyderabad" (in en). 2022-12-04. https://www.thehansindia.com/news/cities/hyderabad/indias-first-gold-atm-launched-in-hyderabad-771810. 
  16. ↑ "Buy gold at ATMs: India's first gold ATM comes up in Hyderabad" (in en). 2022-12-06. https://www.livemint.com/news/india/buy-gold-at-atms-india-s-first-gold-atm-comes-up-in-hyderabad-11670294495343.html. 
  17. ↑ "India First: Gold ATM Launched In Hyderabad | What It Is And How To Use It" (in en). 2022-12-06. https://english.jagran.com/business/world-first-gold-atm-launched-in-hyderabad-10056483. 
  18. ↑ "India gets world's first-ever 'Gold ATM', here's where it is located, how you can use it, and all you need know" (in en). https://www.freepressjournal.in/india/watch-india-gets-worlds-first-ever-gold-atm-heres-where-it-is-located-how-you-can-use-it-and-all-you-need-know. 
  19. ↑ "Gold Dispensing ATM ‘Spotted’ In Hyderabad" (in en). 2022-12-06. https://www.india.com/business/gold-dispensing-atm-spotted-in-hyderabad-5784032/. 
  20. ↑ "World’s First Real-Time Gold ATM Makes Debut in Hyderabad" (in en). 2022-12-06. https://www.news18.com/business/savings-and-investments/worlds-first-real-time-gold-atm-makes-debut-in-hyderabad-6549991.html. 
  21. ↑ "Now, gold can be bought from an ATM too" (in en). 2022-12-04. https://www.thehindubusinessline.com/markets/gold/now-gold-can-be-bought-from-atm-too/article66222236.ece. 
  22. ↑ "Now, you can buy gold at ATMs — Here's how it works" (in en). 2022-12-06. https://www.cnbctv18.com/personal-finance/now-you-can-buy-gold-at-atms-heres-how-it-works-15337731.htm. 



Retrieved from "https://handwiki.org/wiki/index.php?title=Finance:Goldsikka_ATM&oldid=4114643"