ATM offers to buy 24-carat gold from 0.5 to 100 grams. The internal storage of the ATM can hold 5 kg of coins and the gold price is displayed on the screen in real time according to the London Stock Exchange quotes.
The devices have a built-in video camera and an audible alarm. In addition, communication between ATMs and law enforcement is provided. Goldsikka plans to install 3,000 of these devices in India and then expand to the global market.