Thursday, May 17, 2012

Solar-powered ATMs set to 'go viral'?

As big-city dwellers in the developed world look forward to futuristic ATM technologies such as one that will dispense cash after reading your palm (no card required), millions of people in the developed world want an ATM that’s simply convenient and reliable.

Enter solar-powered ATMs from Vortex Engineering, a company based in Chennai, India, that specializes in providing automated tellers to rural locations where electricity is often spotty and the nearest bank is a day’s travel away.

The machines, which were developed with support from the India Institute of Technology, consume 90 percent less power than conventional ATMs, and thus can be economically operated with solar power, the company notes. Security and functionality, it adds, remain uncompromised.
Read More

No comments: