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White label atm india meaning


White label atm india meaning


Before 1997, only banks and other deposit taking financial institutions were allowed to be part of the Interac network. Banks have played a major role in encouraging ATM adoption by customers and modifying behavioral strategies in the domain of personal banking. Just read that Reserve Bank of India is going to open White Label ATMs.

are the differences. Customers from any bank can deposit labl withdraw money from such ATM,s. These types of ATMs are called as White Label ATMs (WLAs). Banks have played a major role in encouraging ATM adoption and modifying behavioral strategies in the domain of personal banking.




White label atm india meaning

White label atm india meaning

Label india meaning atm white