The highly networked bank of the country – State Bank of India has unveiled that bank will launch the Chota ATMs in Kerala. In association with the Ezetap- the mobile point-of-sale service provider the bank launched this initiative.

Through these ATMs the kirana store owners, taxi drivers, small business will be able to deal with customers and enable them to turn their mobile phones in to both cash withdrawal point as well as credit/debit payment terminal. This mPOS facility will help a lot in transactions and will assist in accepting payments or to offer cash.