Circulars

Guidelines for White Label ATM Operators

June 01, 2018
9222

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

Yours sincerely,

Syed Sohail Javaad
Director