Advanced Project introduced deposit-only ATM machines for the unbanked who cannot verify their identity. With the introduction of the ATM, users can use TIER, Advanced Project’s total financial application, as a digital passbook by inserting cash into the ATM machine. The ATM does not support withdrawals, but only deposits, and users can enter their TIER information or scan a QR code and deposit the amount to be topped up, and the balance on TIER account is immediately topped up. This provides a more convenient financial environment for users by simplifying unnecessary procedures in the complex existing banking system and offering much lower fees.
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