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1 Jun 2018 Non-bank entities are permitted to set up White Label ATMs in India, after obtaining authorisation from RBI under the Payment and Settlement Systems (PSS) Act 2007. In 2012, RBI gave the authorization to open White label ATMs and in 2013, the RBI started giving licenses. 20 Jun 2012 (76 kb). White Label ATMs (WLAs) in India - Guidelines Keeping this in view, RBI has reviewed the extant policy on ATMs. While reviewing 3 Jan 2019 What are White Label ATMs (WLAs)?. Ans. ATMs set up, owned and operated by non-banks are called WLAs. Non-bank ATM operators are Find White Label Atms Latest News, Videos & Pictures on White Label Atms and According to RBI guidelines, white labelled ATMs to be set up by non-bank RBI issues guidelines to set up White Label ATMs. With a net worth of at least Rs 100 crore, any non-bank entity can set up, own and operate these ATMs to provide services to customers of Indian banks. 21 Jun 2018 (196 kb). Control measures for ATMs – Timeline for compliance White-Label ATM Operators. Madam/Dear Sir,. Control Master Directions. 6 Sep 2017 The white label industry was conceived to allow non banking entities to deploy ATMs in rural areas to drive financial inclusion. Though the RBI had allowed these entities to source cash from retail outlet and not rely only on banks in the wake of demonetisation, nothing has picked up. As in India white label ATMs were not allowed by RBI (in February, 2012, RBI has issued the draft guidelines for introduction of white ATMs, but final approval 12 Sep 2017 India's independent ATM deployers are counting on a review of white label ATM guidelines by the Reserve Bank of India to deliver a jolt to theThe Reserve Bank of India has allowed operators of white label Automated Teller Machines (ATMs) to accept international credit, debit and prepaid cards.