Tuesday, June 02, 2015
TYPES & Various kinds of ATM's
1.Handheld ATMs--Used in remote areas-DENA bank introduced in GUJRAT
2.Mini ATMs POS enabled --service with CASH-IN CASH -OUT through IMPS --used for pensions , govt schemes , PDS public distributed system
3.MICRO ATMs--Used by Bussiness coresspondants ,BC handle physically
4.BIO-METRIC ATMs--Rural areas , Used by govt of india --for DBT (direct benefit transfer), MNREGA scheme
5.On site ATM -within the premises of bank
6.Off site ATM - Outside the bank premises
7.White Label ATM - Provided by NBFC
8.Green Label ATM - Provided for Agricultural Transaction
9.Orange Label ATM - Provided for Share Transactions
10.Yellow Label ATM - provided for E-commerce
11.PINK label ATM---women banking
12.BROWN label ATM-- ATM are those Automated Teller Machines where hardware and the lease of the ATM machine is owned by a service provider--but cash management and connectivity to banking networks is provided by a sponsor bank .
* NOTE __whose brand name is labeled by sponserbank
Nice information about the types of ATM....AGS is also working like a service provider that provides Brown label ATM or various banking products that helps to customer in transaction processing.
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