No more visits to bank, now print your passbook at ATMs!

It’s there everywhere. We are talking about the pass book printer, nothing else. Especially, after the COVID 19 pandemic, almost all nationalized and private banks have installed passbook printing, cash depositing and cheque vending machines at their ATMs.

One need not have to go to the bank to print his passbook to know the transactions happened in his or her account over a period of time. It can be done in a matter of time at ATMs of respective banks.

Passbook printers are generally dot-matrix or impact printers, which are extensively used to print customer data such as information on money paid or any other recurring details in a prescribed format for record purpose.

Not only for banking services…

These passbook printing kiosk are designed to print front office applications catering to banks, postal department, financial services and public administration and are capable of handling wide variety of printing formats.

As most of the brands are embedded with auto alignment and Automatic Gap Adjustment (AGA) features, passbooks and documents that are re-inserted with variable thickness and in any position can be printed efficiently and quickly.

Unlike other POS machines where thermal technology is used, passbook printers are dot matrix ones with the ribbon life having around 10 million characters and print head life of about 400 Million Characters. This gives long life for the impressions printed on the sheets.

Passbook printers are otherwise known as transactional multifunction printer for front office and financial applications having interfaces – Serial, Parallel and USB.

Top brands…

Some of the top brands offering passbook printers are Epson and TVSE which are known for speed, quality and reliability that banks need for fast throughput and customer satisfaction.

Customer segments where passbook printers are extensively used include: Banks, jewellery stores, manufacturing companies, automobiles and chit funds.