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......
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......
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.......