IIBF Digital Banking Practice Questions - IIBF Certificate Examination In Digital Banking (India) Exam

What is a White Label ATM (WLA) in India?

An ATM owned and operated by a sponsor bank displaying its brand logo An ATM owned and operated by a non-bank entity, not displaying any bank's brand An ATM located inside a bank branch for exclusive use by high-net-worth individuals An ATM that allows only deposit services and no cash withdrawals

Correct Answer:

An ATM owned and operated by a non-bank entity, not displaying any bank's brand

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