Seeking to bring share trading closer to consumers just like ATMs, Reliance Capital's stock brokerage arm Reliance Money launched on Monday Internet trading services through web-enabled retail kiosks.

Becoming the first Indian company to provide share trading through web-enabled retail kiosks, Anil Dhirubhai Ambani Group firm said it plans to deploy 10,000 such kiosks across the country, for which it is also talking to various retail chains.

"These Internet enabled kiosks will provide the users anytime-anywhere access to Reliance Money's financial transaction portal through which they can invest in various financial Instruments in a secure environment", Reliance Money CEO Sudip Bandyopadhyay said.

In its first phase, the kiosks would be operational at the retail outlets of Reliance Money, which had commenced operations last week across 700 cities.

Now, buy stocks through Reliance Money

The kiosks at various retail chains would be launched in the subsequent phases. The company has tied up with Wincor Nixdorf, a leading global provider of retail banking IT solution with net revenues of $1.4 billion and presence in 90 countries, for these kiosks.

Wincor-Nixdorf's APAC Retail Head Andrew Phay said, "We see great potential for our products in the country owing to the retail boom and will continue to introduce latest products for our customers here".

The company said this would be biggest ever deployment of Internet enabled retail kiosks by any company across the world.