Only cards issued by banks in India(domestic cards)
would be permitted to be used at the Wlas in the initial stage.
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3
Sixty per cent of the cash sourced using such arrangement(s)
shall be dispensed through Wlas located in rural and semi-urban areas.
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4
Non-bank entities that intend setting up, owning and operating ATMs, are christened“White Label ATM Operators”(WLAO)
and such ATMs are called“White Label ATMs”(Wlas).
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5
Non-bank entities that intend setting up, owning and operating ATMs, would be christened"White Label ATM Operators"(WLAO)
and such ATMs would be called"White Label ATMs"(Wlas).