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Tata Communications Payment Solutions

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White-label ATMs from Tatas in remote places soon

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 launches first white-label ATM

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.......

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)......

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......

Small pvt banks to opt for white-label ATM to reduce cost

To grow the distribution network while keeping costs under check, smaller private sector banks are looking at reducing the dependence on their own automated teller machines and instead relying on......

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