Current Affairs · Banking Infrastructure
In September 2025, following the operational collapse of AGS Transact Technologies, India Post Payments Bank (IPPB) moved to ensure continuity of its ATM network by awarding a new contract for replacing around 1,000 ATMs across the country. Which company secured this contract, and what percentage of all outsourced ATMs in India did it manage as of March 2025?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1FIS Global; 50%
- 2Diebold Nixdorf; 35%
- 3CMS Info Systems; 47%✓
- 4AGS Transact Technologies; 40%
Correct answer
CMS Info Systems; 47%
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