Tag Archives: White Label ATMs

White Label ATMs (WLAs) in India – Review of Guidelines

By | March 12, 2019

White Label ATMs (WLAs) in India – Review of Guidelines RBI/2018-19/138DPSS.CO.OD.No.1916/06.07.011/2018-19 March 7, 2019 The Chairman and Managing Director / Chief Executive OfficerAll Scheduled Commercial Banks including RRBs /Urban Co-operative Banks / State Co-operative Banks /District Central Co-operative Banks /Authorised ATM Network Operators /Card Payment Network Operators /White Label ATM Operators Madam / Dear Sir,… Read More »

White Label ATMs

By | February 27, 2016

White Label ATMs The Reserve Bank of India (RBI) has issued guidelines regarding setting up of White Label ATMs by non-bank entities. Non-bank entities that intend setting up, owning and operating ATMs, are christened “White Label ATM Operators” (WLAO) and such ATMs are called “While Label ATMs” (WLAs). Three different schemes are available to WLAOs… Read More »