ATMs: What does White Label, Brown Label, and On-line, off-line ATM mean?

Updated and re-posted on 11.06.2021 Automatic Teller Machines (ATMs) are the alternative banking channels available to bank customers primarily for withdrawal of cash. The money can be withdrawn from ATM at any point of time round the clock convenient to the bank customers. The Automatic Teller Machines are generally identified as White Label, Brown Label,…

Know these 45 types of digital payment options available to consumers in India

Digital payment methods are a good alternative to traditional methods of cash payment and speeden up transaction cycles from person to person, person to business, person to government, Government to person,business to business, business to Government etc. The Global report of US-based payment systems company ACI on payment trends states that in the year 2020…

Know all about NETC-FASTag

The National Payments Corporation of India (NPCI) has developed the National Electronic Toll Collection (NETC) program to meet the electronic tolling requirements of the Indian market. It provides an electronic payment facility to customer to make the payments at national, state and city toll plazas by identifying the vehicle uniquely through a FASTag. All lanes…