MUMBAI, INDIA: Diebold, Incorporated has announced an intelligent-powered automated teller machine (ATM), the Diebold 429. This machine, as it claims, is specifically designed to meet the increasing demand for a robust self-service terminal in urban and rural areas of India.
"Built with a unique intelligent power management system, it automatically switches between three possible power sources (solar panel, alternating current (AC) grid and internal battery), maximizing terminal uptime, lowering total cost of ownership and delivering unprecedented convenience to consumers." the press note adds.
By utilizing alternative power sources, such as solar panels and an AC grid, the Diebold 429 is highly efficient, consuming approximately 40 percent less energy than the previous generation of cash dispensers available in the Indian market. In addition, the self-service terminal has an integrated four-hour battery backup for enhanced ATM reliability.
"The Diebold 429 ATM is especially designed to meet the growing demand for the expansion of banking services in India," said Wico van Genderen, vice president, Diebold Asia Pacific. "This new terminal will enable financial institutions to deploy ATMs across a wide range of rural and urban locations that could not previously be reached due to economic or technical constraints. This ATM will meet the needs of many deployers in India and other emerging economies globally facing similar challenges, while also enhancing security, functionalities and availability to the end users."