ITANAGAR, Aug 28: Facilitating traders to step up from traditional to cashless mode of transactions under the central government’s Digital India initiative, the ‘Ongo Mini ATM’ was launched by Capital Complex Deputy Commissioner Prince Dhawan at Akash Deep Market Complex here on Sunday.
The ‘Ongo Mini ATM’ runs on Ongo application platform, which is developed by the India Transact Services Limited, a wholly-owned subsidiary of AGS Transact Technologies Ltd, the leading banking payment solution provider in the country.
The core services provided by the mini ATM are the point of sale (POS), instant withdrawal of money with any debit card, transfer of money, billing, etc. The services of ‘Ongo Mini ATM’ are approved by the Reserve Bank of India (RBI).
Addressing the gathering, Dhawan urged everyone to move towards cashless India, and also appealed them to support the initiative. He also informed that efforts are being made to make Akashdeep a digital market place to be followed by other market places.
The project is being undertaken by the Quantone Traders Pvt Ltd in the Northeast region and was initiated by its franchise owner Dongche Hapung.
Speaking to the media, regional project head Krishna Basumatary informed that the mini ATM, which also works as POS machine will be highly beneficial for traders as they have to make one-time payment of about Rs 15000, and is covered by life time warranty as opposed to the POS machines currently issued by banks on rental basis.
