Computer Awareness MCQs & Quiz for Banking, IBPS, RRB, RBI, SBI Exams

Q.  What do we call those ATMs where hardware is owned by service provider, but cash management and network connectivity is provided by sponsor bank?

a. White label ATM
b. Brown label ATM
c. Black label ATM
d. None of the above


ANSWER: See Answer
 
Brown Label ATM is sharing cost concept. In Brown Label ATM hardware is owned by service provider, but cash management and network connectivity is provided by sponsor bank.
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