TCPSL plans to rollout value-added products

Tata Communications Payment Solutions Ltd (TCPSL), a wholly-owned subsidiary of Tata Communications LtdBSE 10.26 %, will rollout value-added services from early 2014 with white label ATMs. Last year, Reserve Bank of India had allowed corporates to set up white label ATMs to increase the penetration of ATMs in several areas of the country. TCPSL, among others, had bagged a licence for the same.  "By December, we expect the number of indicash branded white label ATMs to touch1500 and then we hope to begin rolling out value-added services from these ATMs or its sites," TCPSL CEO Sanjeev Patel said here today during the official launch of indicash ATMs in West Bengal. 

Read more >> Click here