IBM in $40-m deal to manage white label ATMs

By: | Published: January 19, 2016 1:23 AM

Technology giant IBM has entered into a seven-year agreement worth $40 million with a white label ATM operator, BTI Payments...

Technology giant IBM has entered into a seven-year agreement worth $40 million with a white label ATM operator, BTI Payments, to manage and monitor its white label ATMs in rural areas.

BTI Payments claims to run more than 3,000 white label ATM machines as of now and with this partnership it will leverage IBM’s services solutions to deploy and manage an incremental 4,000 ATMs across the country.

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