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of <h1>White Label ATMs Expand Access: Non-Bank Entities Offer Cash Withdrawals with Limited Free Transactions Monthly.</h1> Automated Teller Machines (ATMs) allow bank customers to access their accounts for cash withdrawals and other transactions without visiting a bank branch. White Label ATMs (WLAs) are operated by non-bank entities, authorized by the Reserve Bank of India, to expand ATM access. WLAs do not accept cash deposits, and transactions are similar to those at bank ATMs. Customers can use various cards at ATMs/WLAs and are entitled to a limited number of free transactions monthly. In case of failed transactions, banks must resolve issues within seven days, with compensation for delays. Security measures include keeping PINs confidential and reporting suspicious activities.
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