GoldSikka, an Indian company that specializes in purchasing and selling gold, has recently installed a Gold ATM. The ATM is available for the public at the GoldSikka corporate headquarters in Begumpet, Hyderabad.
Customers can purchase gold from the ATM without visiting an actual jewelry store. The company said that there were several advantages to having such a machine and the possibility to purchase gold within one’s price range. A debit or credit card may be used to purchase gold from the ATM.
The company said that it was planning to install more such ATMs in different parts of India. GoldATM, a Hyderabad-based company that has adopted the concept of a 24-carat gold vending machine, has set up India’s first gold ATM at Begumpet.
The ATM is set up at a jewelry store in Begumpet and customers can purchase gold from here without visiting an actual jewelry store. The company said that there were several advantages to having such a machine and the possibility to purchase gold within one’s price range.
A debit or credit card may be used to purchase gold from the ATM. The company said that it was planning to install more such ATMs in different parts of India.
The gold ATM can be used by anyone, even if they do not have a bank account or credit card. The machine accepts Indian currency notes as well as international currencies such as US dollars, British pounds, and euros.
Here is all you need to know about India’s first gold ATM in Hyderabad:
1) Gold ATM has a diverse set of uses, it is easy to use, available 24×7, and buy gold within your budget.
2) Gold ATMs allow customers easier access so that everyone can use their debit card or credit card for making transactions.
3) Through these Gold ATMs, buyers can instantaneously purchase actual gold using any credit or debit card.
4) The Gold ATM that dispenses Gold. The update in the price of gold is based on the live prices.
5) This Gold ATM supplies in denominations ranging from 0.5 Gms to 100 Gms.
How to use gold ATMs:
Gold ATMs work like every other ATM.
Customers can use their debit, or credit cards to buy the yellow metal from the gold ATM
Insert your debit/credit card in the gold ATM
Enter the PIN of your card
Enter the value of the gold coins required
Gold coins will be dispensed from the machine