Networking giant Cisco is offering a new technology to help reduce the cost of deploying Automated Teller Machine's in remote regions in India. The 'Connected ATM Solution' makes use of 3G and CMDA networks, instead of the usual VSAT and CMDA options.
According to Sanjay Kharade, Cisco India and SAARC Senior Vice President, the use of cellular technology provides for a more secure back-up solution in remote sites while bringing down the costs. VSAT powered ATM's cost between 30,000 to 40,000 rupee as compared to the 15,000-20,000 rupee per site for machines relying on 3G and CMDA connectivity.
The cellular technology also provides more bandwidth allowing for more mobile applications to be installed. They are also easier to deploy.
Kharade is hopeful in the next two years Cisco will be powering at least 2o to 30 percent of the new ATM deployments.
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