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Why would someone want to set up a private ATM?

Updated: 8/20/2019
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12y ago

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This will be a business opportunity for the individuals/corporations setting up those machines. The RBI has given permission to those entities that set up these private ATM Machines to charge for their service. So, anyone who uses the ATM Machine to withdraw cash will have to pay a fee that will go against the service which will be the profit for the company setting up those ATMs.

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Q: Why would someone want to set up a private ATM?
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