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Daily Archives: December 25, 2014

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How International Card transactions takes place through White Label ATM?

Indian Financial SystemBy Surendra NaikDecember 25, 2014

White Label ATMs (WLAs) are the ATMs owned by non-banking entities. These ATMs do not display the logos of any bank. Bank Customers can withdraw money from debit cards/credit cards/prepaid cards issued by the banks at WLAs but they have to pay fee for the service provided to them. The WLAs are now allowed to…

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