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......
The Reserve Bank of India has recently authorised four non-bank entities for setting up and operating White Label ATMs (WLAs) including Tata Communications Payment Solutions, Prizm Payment Services......
Tata Communications Payment Solutions, a wholly-owned subsidiary of Tata Communications, on Thursday launched the country’s first white-label ATM at Chandrapada, a tier-V town near Mumbai.......