Kochi-based Fintech company Aceware launches micro ATM services

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Aceware, a fintech company based in Info park, has launched Ace Money Micro-ATM service in Kochi aimed at enabling withdrawal of money from a bank account by sitting at home. At the initial stage, this service will be available in Kochi city, and the company has already recruited delivery executives for rolling out the service. The company is planning to expand the service to all the municipalities in the state by Jan 2021. The company is rolling out the service in association with ICICI Bank.

Customers can place an order for money through the Ace money app, which is available for download in Google play store and App store. The money will be delivered to the customer’s doorstep within 30-40 min after placing the order. Customers of any bank can make use of this service.

According to Nimisha J Vadakkan, Managing Director, Aceware, people can place the order for withdrawing money by the comfort of sitting at home and a delivery executive will visit the customer with a micro-ATM and the customer can collect the money after swiping their ATM card at the machine and entering the PIN and she added that this service will be highly useful for people aged above 60 years old as they can withdraw money without visiting a bank or ATM.

The features of Aceware’s Ace money micro atm is that the maximum withdrawal limit is Rs 10,000, which is the limit for other bank ATM withdrawals, per transaction. Anyway, the per-day withdrawal limit varies depending on the bank. Along with the doorstep delivery of money, more than 100 other services are provided by the company including money transfer, bill payments and recharge, land and building tax payment, bus, flight and movie ticket booking, birth, death, and marriage certificates, passport, pan card, fast tag, and insurance services are available on the app.

Aceware Technologies Private. Ltd is a Kochi-based fintech company that focuses on web and smart phone apps development, technology services, management consulting, and outsourcing company, committed to delivering innovations. The company has been working for more than 11 years in these domains and has got enough expertise to deliver among the best services in terms of quality, pricing, and timeliness.