Question

What do ATMs set up, owned, and operated by non-banks commonly refer to?

Q: Answer-What do ATMs set up, owned, and operated by non-banks commonly refer to?

White Label ATM ATMs set up, owned, and operated by non-banks are called white label ATMs. They are authorized under the Payment and Settlement Systems Act, 2007, by the Reserve Bank of India.

A Blue Label ATMs

B Green Label ATMs

C Red Label ATMs

D White Label ATMs

E Yellow Label ATMs

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What do ATMs set up, owned, and operated by non-banks commonly refer to?

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