Euronet Worldwide is looking at making India the processing hub for its Asia- Pacific operations. Euronet operates in the country through its 100 per cent subsidiary Euronet Services India.The......
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:......
There are about 87,000 ATMs in the country, all owned by banks. According to market players, 10,000-15,000 of these are outsourced to companies for maintenance. This model is known as the......
In the excitement over the allocation of bank licences for the private sector, a new category of licence offered by the Reserve Bank of India (RBI) last year went almost unnoticed. Illustration:......
Some automated teller machines will shortly be independent of banks as Euronet India kick starts with the first set of 25 independent, non-bank branded ATMs by December 2006. Today, all ATMs are......