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India1 Payments
December 2 , 2021
1016 days
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- India1 Payments has crossed a milestone on deploying 10000 white-label ATMs, which was called “India1ATMs”.
- India1 Payments is promoted by the Banktech Group of Australia.
- It was formerly known as BTI Payments.
- With the deployment of 10000 ATMs, India1 Payments has become the largest player in this segment.
- India1 ATM has become the second-largest white label ATM brand in semi-urban and rural areas.
- The Automated Teller Machines (ATMs) which are set up, owned, and operated by non-bank entities are known as “White Label ATMs” (WLAs).
- Non-bank entities, which are incorporated in India, under the Companies Act 1956, are allowed to run WLAs.
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