Brown Label Atm. What is Brown Label ATM? Brown Label ATM is sharing cost concept In Brown Label ATM hardware is owned by service provider but cash management and network connectivity is provided by sponsor bank Features and functions of Brown Label ATM are same as that of normal ATM Machine This machine contains Logo of sponsor bank.
BROWN LABEL ATMS Brown Label ATM are those Automated Teller Machines where hardware and the lease of the ATM machine are owned by a service provider–but cash management and connectivity to banking networks is provided by a sponsor bank The private company owns & operates the ATM machine pays office rent They negotiate with the landlord Electricity.
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Global Brown Label ATM Market by Type (Deployment Managed Services) By Application (Bank Service Agent Bank) And By Region (North America Latin America Europe Asia Pacific and Middle East & Africa) Forecast To 2028 Report ID 244688 4200 Service & Software Dataintelo 205 Pages 49 (30) Report Details Table of Content Request Free Sample.
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‘Brown label’ 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 whose brand is used on the ATM The `brown label’ has come up as an alternative between bankowned ATMs and ‘white label’ ATMs.
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In Brown label ATMs the hardware of ATM machines is owned by a service provider The service provider himself takes the responsibility of identifying the ATM site negotiating with the landlord arranging power supply and interior decoration of the ATM kiosk The fully operational ATM kiosk will be leased out to the sponsoring bank.
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Brown label ATMs are owned by banks but they are operated by a third party In brown label ATM installation the thirdparty owns the hardware of an ATM machine and ensures its smooth functioning by roping in all utilities It is also responsible for identifying the location for the ATM installation and create a lease agreement with landlords.