White Label Atm

Change is coming: Why RBI wants more Rs 100, Rs 200 notes in ATMs

Regulator seeks to help people in having cash for small purchases though digital financial transactions are growing

Business correspondents' body demands higher charges for AePS withdrawals

Faced with a jump in costs and transaction failures, bank agents are demanding an upward revision of per-transaction charges to 1 per cent or Rs 21, whichever is lower

Hitachi Payment Services launches India's first-ever UPI-ATM with NPCI

The Hitachi Money Spot UPI ATM is built on Android OS and will allow cardless cash withdrawals

No form, ID needed to exchange Rs 2,000 currency note: State Bank of India

Banks ask ATM operators to withdraw such notes from cash-dispensing machines

Number of ATMs in country at over 213,000, says Finance Ministry

In addition to this, 27,837 White Label ATMs (WLA) were also installed by WLA operators up to September 2021

RBI imposes Rs 6 crore penalty on four White Label ATM operators

The RBI on Friday said it has imposed penalties totalling Rs 6 crore on four White Label ATM operators for deficiencies in regulatory compliance

ATM body protests RBI's penalty rule if found with no cash, seeks review

MHA norms restrict cash movement in rural, semi-urban areas, which will hinder cash distribution, says an official of the Confederation of ATM Industry

White-label ATM firms get breather as RBI allows direct sourcing of cash

Move to allow them to source cash directly from Mint Road comes as a big relief

White label ATM operators allowed to buy wholesale cash directly from RBI

The RBI also permitted WLA operators to source cash from any bank, including cooperatives and regional rural banks