Monday, November 23, 2020

Hitachi Payments on expansion spree, to nearly double white label ATMs by March

​ Hitachi's aggressive expansion is interesting as the white label ATM business has been in losses since the beginning primarily because of the lower inter-change charges which the banking industry and the regulator has not been able to revise to a profitable level for the operators, forcing many of them to withdraw from the business.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/hitachi-payments-on-expansion-spree-to-nearly-double-white-label-atms-by-march/articleshow/79374876.cms

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