State Bank of India and Ezetap, the mobile point-of-sale service provider, has announced the availability of Chota ATM in Kerala.
Chota ATM enables kirana store owners, taxi drivers, small businessmen, traders who are dealing with customers to turn their mobile device into both a cash withdrawal point as well as a credit/debit card payment terminal.
Kerala is an important tourist destination and a number of small and medium businesses catering to this sector can benefit from the mPOS technology for accepting payments or to offer cash, C.V Venkatesh, General Manager, SBI said.