Compelo Banking is using cookies

We use them to give you the best experience. If you continue using our website, we'll assume that you are happy to receive all cookies on this website.

ContinueLearn More

Diebold presents new intelligent-powered ATM

New York Stock Exchange listed Diebold has rolled out an intelligent-powered automated teller machine (ATM), dubbed as the Diebold 429, to integrate energy efficiency and environmental resistance with improved security and functionality.

Designed to automatically switch among three possible power sources including solar panel, alternating current (AC) grid and internal battery, the new machine is equipped with an intelligent power management system.

"This machine is specifically designed to meet the increasing demand for a robust self-service terminal in urban and rural areas of India," the company said.

The new ATM consumes nearly 40% less energy than the previous generation of cash dispensers, as it uses alternative power sources including solar panels and an AC grid, claims the technology company.

Having an integrated four-hour battery backup for enhanced ATM reliability, the self-service terminal is fitted with an optional single-note acceptor (SNA), which allows small-volume currency deposits and bill payments at the ATM.

Additional features of the ATM include Europay, MasterCard and Visa (EMV) card reader, biometric technology and provision for dual security cameras.

The security features assist in curbing global card fraud and digital security threats while meeting the latest National Payments Corporation of India (NPCI) regulatory requirements.

Headquartered in the Canton, Ohio, Diebold, Incorporated has a work force of nearly 17,000 associates with representation in nearly 90 nations across the globe.