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 Refund TimelineLast Updated: October 21, 2025

Definition UPI Refund Timeline means the time it takes for a failed or reversed UPI payment to reflect…

UPI Pre-AuthorizationLast Updated: October 21, 2025

Definition UPI Pre-Authorization is the temporary hold of funds on a customer’s account before completing a transaction. Use…

Priority Sector LendingLast Updated: December 12, 2025

Definition Priority Sector Lending is a requirement where banks must lend a certain percentage of their loans to…