White-Label ATM

byPaytm Editorial TeamLast Updated: August 19, 2025

Definition

A White-Label ATM is an automated teller machine owned and operated by private companies, not banks.

How It Works

These ATMs provide cash withdrawal and balance inquiry services but do not offer deposits or other bank-specific services.

Benefits

  • Expands ATM availability in remote areas
  • Reduces dependency on bank ATMs
  • Supports financial inclusion

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.

You May Also Like

UPI Account Linking LimitLast Updated: October 21, 2025

Definition UPI Account Linking Limit defines the maximum number of bank accounts you can link with one UPI…

Digital OnboardingLast Updated: August 12, 2025

Meaning Digital Onboarding is the process of registering new customers or users to a digital platform or financial…

UPI Collect LimitLast Updated: October 21, 2025

Meaning UPI Collect Limit refers to the maximum amount that can be requested through a UPI “collect” request…

Micro ATMLast Updated: August 12, 2025

Meaning A Micro ATM is a small, portable device used by banking agents to provide basic banking services…