To facilitate the general public in accessing
cash related services via ATM, it has been
decided to allow non-banking entities to offer
White Label ATM services in the country. In
this regard, Guidelines for White Label ATM
Operators (WLAO) are being issued under the
Payment Systems & Electronic Funds Transfer
Act 2007. These Guidelines will be applicable
on prospective WLAOs who would be required
to comply with the provisions of Rules for
PSOs and PSPs issued vide PSD Circular No.
3 of 2014 dated October 23, 2014.
These Guidelines highlight the objectives,
scope, operational arrangements and set forth
the regulatory requirements and consumer protection
measures for non-banking entities desirous
of entering into the business of White Label
ATMs.
Please acknowledge receipt.
Encl: Guidelines
for White Label ATM Operators