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India’s first gold dispensing ATM has been set up in Hyderabad.
Customers can withdraw gold coin by paying debit cards or credit cards at this ATM center. The machine is loaded with 5 kg gold coins and designed to dispense 8 types of gold coins from zero 5 grams to 100 grams.
OpenCube, a private company called Gold Sikka Private Limited, has provided technical assistance for this.