Are you the ONE who don't like to take chances and waste one precious year by failing in Prelims?
Do you want to test your knowledge after reading a particular topic? Then The MCQ Factory (TMF) is for you!
It provides topic wise high quality MCQs for testing your knowledge in a particular topic.
More details here
Automated Teller Machines (ATMs) set up, owned and operated by non-bank entities are called White Label ATMs.
These White Label ATMs provide banking services to the customers of banks on the basis of the cards (debit/credit/prepaid) issued by banks.
The non-bank entities which set up, own and operate ATMs are called White Label ATM Operators.
Their role is confined to enabling the transactions of all banks customers by establishing technical connectivity with the existing authorized, shared ATM Network Operators or Card Payment Network Operators.
These White Label ATM operators are entitled to receive a fee from the banks for the use of ATM resources by the bank’s customers and they are not permitted to charge bank customer directly for the use of WLAs.