ATMs which run on solar energy

Thanks to innovative technologies, renewable energy sources, ATMs in India become more affordable. Startup Vortex Engineering, with the support of the Indian Institute of technology, Chennai (Chennai''s Indian Institute of Technology) developed an energy-efficient ATMs, powered by solar energy. With their help, modern banking technology will be available to residents of the most remote Indian villages.

Innovative solar ATMs is a win – win option for Indian bankers, and holders of plastic cards. They will increase the number and volume of cashless transactions and save time for customers travelling to the nearest Bank branch. Marketing is focused on the Vortex flow of their machines as an opportunity for banks to play the role of pioneers in the regions not yet covered by the banking networks.





New solar ATMs called "gramateller". In tune with English words gram and the narrator, in Hindi, the term takes on a more understandable meaning. Gram means village.

ATMs are quite able to survive in the Indian village. They are economical and energy consumption is 90% less than traditional designs. Low energy consumption saves them from overload in the hot southern regions of the country. But the snowy winter of the North Indian they also are not afraid.





Today, India operates 450 gramateller, another 1,000 the company plans to install within the next two years. Perhaps soon the Vortex Engineering activities will be international. Project solar village ATM has attracted the attention of neighbouring countries, who have the same problems as India. Among them, Bangladesh, Nepal, Djibouti and Madagascar.

The success of solar ATMs Vortex due to their qualitative features. They are not only economical, but also stronger, more durable and suited for use in harsh conditions. For developing countries these hardy machines that don't require a mains connection, can be an effective tool to transform the economy and development of the banking network, particularly in remote rural areas.

 

Source: /users/104

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