Types of ATM :-

♦️White Label ATMs (WLAs): ATMs set up, owned and operated by non-banks (i.e NBFCs) are WLAs. Non-bank ATM operators are authorised under the Payment & Settlement Systems Act, 2007 by RBI.

♦️Green Label ATMs – ATMs for agricultural transactions.

♦️Orange label ATMs – ATMs used for share transactions.

♦️Pink Label ATMs – ATMs that are meant only for women (ease their banking).

♦️Yellow Label ATMs – ATMs meant for E-commerce facility.

♦️Brown Label ATMs – ATMs that are outsourced by a bank to a third party (based on the concept of sharing the cost).

♦️Biometric ATM – These are ATMs that use security features like fingerprint scanner and eye scanner of the customer to access the bank details.

♦️Onsite ATMs – ATMs that are located inside the bank’s premises.

♦️Offsite ATMs- ATMs that are located in various places except inside the bank’s premises.