Types of ATMs

Types of ATMs

ATMs are mainly of two types – on-site and off-site. On-site ATMs are those which are available inside a bank’s compound whereas Off-site ATMs is located in other places, without the presence of a bank branch

Types of ATMs

List of different types of ATMs : -

White Label ATMs : Set up and operated by NBFCs

Yellow Label ATMs : Used for all transactions related to e-commerce transactions

Pink Label ATMs : ATMs are made for use by women only

Orange Label ATMs :  Used for all transactions related to the trading of shares

Green Label ATMs : Used for all transactions related to agriculture

Brown Label ATMs:  Operated by a third party other than a bank


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