Reliance Infocomm and State Bank of India have tied up for CDMA wireless connectivity for 100 ATMs across the country. The agreement follows the successful pilot installation of a few ATMs by State Bank of India using Reliance Infocomm's wireless connectivity over the last four months. | |
| "CDMA-based wireless connectivity enables quick deployment of ATMs by banks, apart from the advantage of rolling out a nationwide network of wireless ATMs that are secure and cost efficient. Unlike VSAT-based connectivity, which banks traditionally rely on, the CDMA solution eliminates the need of rooftop rights and the resultant delays. The CDMA-based wireless connectivity scores over other ATM connectivity options on counts like speed of deployment, mobility and cost," said an official of the State Bank of India. |
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| "We will watch the performance of the 100 ATMs before going putting more ATMs on the wireless mode," the official added. |
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| State Bank of India, had, in early February, deployed India's first floating ATM in a ferry that transports people and vehicles to Kochi from Vypeen, a nearby island, using the CDMA wireless connectivity. The State Group has a large network of over 3800 ATMs. |
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| According to Reliance Infocomm, this is the largest migration of ATMs in wireless connectivity mode. |
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