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An automated kiosk called a “Self Passbook Printing Machine” allows customers to print their own passbooks. The SPPM Kiosk reads the account information from the magnetic strip on the Passbook, and using this information, it retrieves the account transaction information and prints it on the Passbook.
The automated deposit and withdrawal procedures provided by the passbook printer provide users greater freedom while doing bank transactions. There are many passbook printers, such as the dot matrix printer, which produces dox matrix images using a predetermined number of pins and wires.
Some passbook printing procedures still employ dot-matrix impact technology today. The automated deposit and withdrawal procedures provided by the passbook printer provide users greater freedom while doing bank transactions. You can print papers more quickly with the use of a passbook printer than you could with a standard printer.
Additionally, they incorporate a special barcode or magnetic strip containing the passbook’s identification information that serves as a point of truth between the user and the bank. Passbook printers can help banks decrease wait times and increase customer satisfaction.
In this procedure, the user puts a card or passbook into the automatic machine, which then initiates an automatic transaction. Once the transaction is finished, the passbook is printed with the transaction data, and the user is given the passbook back.
automated kiosk with a self-service passbook printer allows customers to print their own passbooks. With the help of the magnetic strip or QR code on the Passbook, the SSPBP kiosk detects the account information. Using this information, the kiosk retrieves the account and transaction information and prints it on the Passbook.
Global passbook printer market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
SBI launches barcode based passbook printing kiosk. The State Bank of India has introduced the “SWAYAM” barcode-based passbook printing kiosk. Swayam offers clients the option of self-service passbook printing using barcode technology.
Swayam, another technological milestone for the bank, will significantly improve the client experience “Swayam will be implemented in more than 2,500 Bank branches. Customers can use this service 24/7, even after branch hours, to print their passbooks for their savings, recurring deposit, and PPF accounts.
