Fintech startup Mahagram to deploy 12 lakh wireless Bharat ATMs by March 2021
The ATM chain will benefit grocery stores and other retail stores
Mahagram launched the rural banking platform Bharat ATM last month
Bharat ATM has already installed 1.5 lakh micro ATMs in the country
This includes 20,000 wireless ATMs for card payments
Every month, a person does at least eight transactions via Bharat ATM, says Mahagram
The Fintech startup says the business grew 300% during the COVID era
Bharat ATMs are available mostly in Delhi, Uttar Pradesh, Bihar and North East