Unlike usual ATMs that dispense , the Goldsikka ATM dispenses Gold coins. In what is India’s first gold ATM, people can insert their debit or credit cards into the Goldsikka and buy gold coins.
The ATM has a capacity of storing 5kgs of gold. There are 8 available Options for the quantity of gold starting from 0.5 grams to 100 grams.
Goldsikka Pvt Ltd launched its first Gold ATM with Technology support from M/s OpenCube Technologies Pvt Ltd, a Hyderabad-based startup company on December 3. This is India’s first and the world’s first real-time Gold ATM.