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Muthoot Finance launches its first white-label ATM in Kerala: Media Report

By Religare
Muthoot Finance launches its first white-label ATM in Kerala: Media Report
Muthoot Finance launched its first white-label ATM in Kochi and said it will open 9,000 such machines in the next three years, reported PTI.

The Muthoot group company has partnered with FIS Payment Solutions & Services India, which will act as the technical partner for the project and Federal Bank Ltd, which is the sponsor bank for this venture, it said in a statement.

A white-label ATM is similar to a normal bank ATM with facilities of cash withdrawal and balance enquiry.Former Kerala governor Nikhil Kumar inaugurated the ATM at a function in Kochi. To know about white-label ATM in detail. Click here.

Dion Global Solutions Ltd.

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