Goldsikka ATM

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Goldsikka ATM is an automated teller machine in Hyderabad which is India's first [1][2] and the world's first real time gold ATM.[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]

Functions

It can dispense gold coins ranging from 0.5 grams to 100 grams.[10][11][12] In the machine, people can use credit or debit card.[13] It gives 24/7 service to their customers[14] and also gives the live price of gold.[15] The gold will be of 24 carat and can store 5 kg gold.[16][17] It gives pure and hallmarked gold coins.[18] Its price is updated from the London bullion market.[19] Its coins are dispersed in packs which are tamper proof and certified with 999 purity.[20] The ATM will return money to bank if there will be any failed transaction.[21]

References

  1. ↑ "World's First Real Time Gold Atm Machine in Hyderabad INDIA | Goldsikka". goldsikka.com. Retrieved 2022-12-12.
  2. ↑ "Gold ATM in Hyderabad pitched as first-of-its kind| 5 points". Hindustan Times. 2022-12-06. Retrieved 2022-12-06.
  3. ↑ "India gets world's first gold ATM in Hyderabad; here's how it works". Business Today. 2022-12-06. Retrieved 2022-12-06.
  4. ↑ "Golden news for city of Nizams: Hyderabad gets India's first real time Gold ATM". TimesNow. 2022-12-04. Retrieved 2022-12-06.
  5. ↑ "Hyderabad: India's first gold ATM launched at Begumpet". The Siasat Daily. 2022-12-04. Retrieved 2022-12-06.
  6. ↑ "India's 1st gold ATM comes up in Hyderabad". The New Indian Express. Retrieved 2022-12-06.
  7. ↑ "Hyderabad gets India's first real-time Gold ATM". ANI News. Retrieved 2022-12-06.
  8. ↑ "India's first gold ATM comes up in Hyderabad". Firstpost. 2022-12-05. Retrieved 2022-12-06.
  9. ↑ "Country's first gold ATM inaugurated in Hyderabad". ETV Bharat News. Retrieved 2022-12-06.
  10. ↑ "India's first gold ATM and world's first real time gold ATM launched in Hyderabad". Telangana Today. 2022-12-04. Retrieved 2022-12-06.
  11. ↑ "First gold ATM of India to be launched in Hyderabad". The Munsif Daily. 2022-03-18. Retrieved 2022-12-06.
  12. ↑ "Hyderabad gets India's first real-time Gold ATM". The Times of India. Retrieved 2022-12-06.
  13. ↑ "Hyderabad gets India's first real-time Gold ATM". The Economic Times. Retrieved 2022-12-06.
  14. ↑ "India's first Gold ATM launched in Hyderabad". The Hans India. 2022-12-04. Retrieved 2022-12-06.
  15. ↑ "Buy gold at ATMs: India's first gold ATM comes up in Hyderabad". Live Mint. 2022-12-06. Retrieved 2022-12-06.
  16. ↑ "India First: Gold ATM Launched In Hyderabad | What It Is And How To Use It". Dainik Jagran. 2022-12-06. Retrieved 2022-12-06.
  17. ↑ "India gets world's first-ever 'Gold ATM', here's where it is located, how you can use it, and all you need know". The Free Press Journal. Retrieved 2022-12-06.
  18. ↑ "Gold Dispensing ATM 'Spotted' In Hyderabad". India.com. 2022-12-06. Retrieved 2022-12-06.
  19. ↑ "World's First Real-Time Gold ATM Makes Debut in Hyderabad". News18 India. 2022-12-06. Retrieved 2022-12-06.
  20. ↑ "Now, gold can be bought from an ATM too". Business Line. 2022-12-04. Retrieved 2022-12-06.
  21. ↑ "Now, you can buy gold at ATMs — Here's how it works". CNBC TV18. 2022-12-06. Retrieved 2022-12-06.


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