Multiple choice

Which of the following statements is correct for a white label ATM?

  1. White label ATM is owned and operated by both banks and non-bank entities.

  2. White label ATM is owned and operated by banks only.

  3. White label ATM is owned and operated by non-bank entities only.

  4. White label ATM is stopped for operations due to some fraud.

  5. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

White label ATMs are the ATMs which are not owned and operated by banks but by private ATM service providers. 

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