Wikipedia

Goldsikka ATM

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

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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

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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] The ATM will return money to bank if there will be any failed transaction.[22]

References

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  1. ^ "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. ^ "Goldsikka opens upgraded version of Gold ATM to dispense gold, silver coins".
  11. ^ "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.
  12. ^ "First gold ATM of India to be launched in Hyderabad". The Munsif Daily. 2022-03-18. Retrieved 2022-12-06.
  13. ^ "Hyderabad gets India's first real-time Gold ATM". The Times of India. Retrieved 2022-12-06.
  14. ^ "Hyderabad gets India's first real-time Gold ATM". The Economic Times. Retrieved 2022-12-06.
  15. ^ "India's first Gold ATM launched in Hyderabad". The Hans India. 2022-12-04. Retrieved 2022-12-06.
  16. ^ "Buy gold at ATMs: India's first gold ATM comes up in Hyderabad". Live Mint. 2022-12-06. Retrieved 2022-12-06.
  17. ^ "India First: Gold ATM Launched In Hyderabad | What It Is And How To Use It". Dainik Jagran. 2022-12-06. Retrieved 2022-12-06.
  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". The Free Press Journal. Retrieved 2022-12-06.
  19. ^ "Gold Dispensing ATM 'Spotted' In Hyderabad". India.com. 2022-12-06. Retrieved 2022-12-06.
  20. ^ "World's First Real-Time Gold ATM Makes Debut in Hyderabad". News18 India. 2022-12-06. Retrieved 2022-12-06.
  21. ^ "Now, gold can be bought from an ATM too". Business Line. 2022-12-04. Retrieved 2022-12-06.
  22. ^ "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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