White Label ATMs Current Affairs, GK & News

India1 Payments installed 10,000 white-label ATMs

India1 Payments has crossed a milestone on deploying 10000 white-label ATMs, which was called as “India1ATMs”. Key Points India1 Payments is IPO-bound and is promoted by the Banktech Group of Australia. It was formerly known as BTI Payments. With the deployment of 10000 ATMs, India1 Payments has become the largest player in this segment. India1 ..

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RBI Eases Business Guidelines for White Label ATMs

The Reserve Bank of India (RBI) has eased business guidelines for white label ATMs. These new guidelines increase the avenues of revenue earning for the white label ATMs. What are White Label ATMs? Automated Teller Machines (ATMs) set up, owned and operated by non-bank entities are called White Label ATMs. These White Label ATMs provide ..

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