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Hitachi Payment Services

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RBI eases targets for white-label ATM firms

The poor deployment of WLATMs has tripped what the central bank sought to achieve back in 2012. The Reserve Bank of India (RBI) has relaxed the deployment norms of automated teller machines (ATMs)......

RBI's diktat for ATMS will be a costly affair

The new requirements include a shift to cassette swap system, mandate armed guards while transferring money as well as a host of other measures that would require huge investments. Illustration:......

Rejigging ATMs for new Rs 100 notes will cost Rs 1 bn

A representative of the Confederation of ATM Industry said ATM players were not consulted about the move and they received the news via media platforms. The new Rs 100 notes will require a......

DeMo aftermath: Cash crunch hobbles White Label ATMs

The cash crunch following demonetisation and transaction fees that do not cover costs are among the reasons why the sector is struggling. Illustration: Uttam Ghosh/Rediff.com White label ATMs......

Google, Panasonic, Suzuki among 100s of firms hit with 'unrealistic' GST notice

Top firms get GST notices on credit claims on Friday; replies sought within hours. Goods and services tax officers sent notices to hundreds of companies across Gurugram, Mumbai and Bengaluru on......

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