https://www.taxtmi.com/news?id=26692 White Label ATMs are authorised for non-bank ownership and operation to increase ATM penetration and may provide cash withdrawal plus services like account information, cash deposit, bill payment, mini statement generation, PIN change and cheque-book requests. Regulatory measures permit WLA operators to source cash from retail outlets, buy wholesale cash directly from Reserve Bank offices and currency chests above thresholds, source cash from scheduled banks, offer bill payment and interoperable cash deposit services, display non-financial advertisements, and enable co-branded bank cards with on-us transactions; on-tap authorisation has been introduced and consumer complaints are handled by the Reserve Bank's CEPCs. en-us Tue, 25 Jul 2023 18:53:31 +0530 Tue, 25 Jul 2023 18:53:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26692 White Label ATMs are authorised for non-bank ownership and operation to increase ATM penetration and may provide cash withdrawal plus services like account information, cash deposit, bill payment, mini statement generation, PIN change and cheque-book requests. Regulatory measures permit WLA operators to source cash from retail outlets, buy wholesale cash directly from Reserve Bank offices and currency chests above thresholds, source cash from scheduled banks, offer bill payment and interoperable cash deposit services, display non-financial advertisements, and enable co-branded bank cards with on-us transactions; on-tap authorisation has been introduced and consumer complaints are handled by the Reserve Bank's CEPCs. News - Tue, 25 Jul 2023 18:53:31 +0530 https://www.taxtmi.com/news?id=26692