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TCPS launches white label ATM network 'Indicash'


 Tata CommunicationsBSE -1.29 %Payment Solutions today launched the country's first ever network of white label ATMs called 'Indicash'. 

The company, a wholly-owned subsidiary of Tata Communications, set up the first ATM at Chandrapada in Thane district of Maharashtra today. 

It said that it plans to roll out 15,000 ATMs over the next three years which will help increase ATM penetration and accessibility of masses to banking services. 


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