Wednesday, May 5, 2010

SBI to install barcode-enabled ATMs

Mostly the senior citizen prefer to pay bills in personal as they are not comfortable in using ATM or make payment with debit cards, due to this they have to stand in long queues to pay bills. SBI is introducing barcode-enabled ATM throughout the country

If you are not tech savvy and have to stand in the long queue to pay bills, then you have a reason to smile. SBI is introducing barcode-enabled ATM throughout the country for faultless bill payment facility. The process will be completed in phases and over 5 crore SBI customers across the country will be able to use this facility.

SBI official said, the payments of the bills having barcode can be made at these specialized ATM. He added, "This can be used to pay mobile, electricity, credit card as well as civic authority bills.”

The official told the first such ATM will be set up in West Bengal's Mursidabad district, which houses the constituency of FM Pranab Mukherjee. In the first phase, three such ATM machines will be installed in the state. Later, 13 more barcode-enabled ATMs will be rolled out. The official told for this process bank has already tied up with Airtel and Vodafone.

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