General Knowledge · General Awareness
Which of the following represents the primary operational advantage for a commercial bank when expanding its reach in rural areas using White Label ATMs (WLAs)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1WLAs are exclusively authorized to process international transactions in rural territories.
- 2It ensures that customers pay absolutely zero transactional fees, achieving guaranteed satisfaction in rural zones.
- 3It allows the bank to expand service access for its customers without committing heavy capital expenditure on acquiring and maintaining the physical hardware.✓
- 4The bank retains complete ownership and physical custody of the cash loading processes without third-party reliance.
Correct answer
It allows the bank to expand service access for its customers without committing heavy capital expenditure on acquiring and maintaining the physical hardware.
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