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

Off-site ATMs is located in other places, without the presence of a bank branch

List of different typs 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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