Upcoming Exam
Home - Career News - What are Brown Label ATMs in Banks ?

What are Brown Label ATMs in Banks ?

A new term in Banking Industry ” What are Brown Label ATMs ? – Which are very much in demand now : As per the Banking term the definition of Brown ATM is  – 

In General : Brown ATM’s are  ATM’s which are not owned by banks but by private ATM service providers where Hardware issues are maanged by the Service Providers and  cash management , connectivity to banking networks is provided by a sponsor bank. In simple ATM will have only brand of bank but machine will be owned by vendor.

 The `brown label ATM ‘is the new alternative between bank-owned ATMs and ‘white label’ ATMs.


Your Question


Check Also

PSU bank-hiring

Public Sector Banks To Hire One Lakh Staffs this Year

All Public Sector Banks to hire more than a lakh staffs this fiscal – the ...