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Russia launches network of commission-free "white" ATMs without bank branding
6 articles |
Updated 13h ago |
Created 15h ago
The Central Bank's subsidiary, 'Rosincas', has initiated a nationwide rollout in Moscow and St Petersburg to address the shortage of functional cash machines by deploying new ATM units that operate independently from any specific financial institution or brand identity.
Key Points
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1Rosincas is launching a network of "white" ATMs in Russia that do not display specific bank branding.
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2These new machines will operate without charging users any transaction fees for withdrawals or deposits. The pilot project aims to address the shortage of traditional banking services by providing free, non-branded cash access across multiple regions.
Developments
March 23, 12:48
'Rosincas', a subsidiary of the Central Bank's State Corporation for Financial Technologies and Information Systems Development in Russia, plans to create an 'white ATM' network across Russian territory.
Mar 23, 09:57 (approx)
The Meduza article notes that white ATMs will operate without bank branding or transaction fees. The timestamp provided is Mar 14 in the source text which appears to be a typo for March based on context of other articles.
Mar 23, 09:57 (approx)
'White' cash dispensers have appeared across Russia due to shortages of traditional ATMs. The Vc.ru article mentions that the Central Bank's division described this as a pilot experiment where machines will lack branding and charge no fees on transactions.
Mar 23, 09:57 (approx)
'White' cash dispensers are being launched in Russia without ties to specific banks. The Holod.media article states that these ATMs were intended for installation across the country but did not specify a completion date or number of machines.
В России запускают сеть «белых» банкоматов — они будут работать без привязки к банкам
Novayagazeta.ru
15h ago