"The difficulty with that setup is that the ATM operator will have to recover their costs (but) they don't know who, other than their own clients, is using the ATM.
In the old model where it's an issuer-based pricing, the issuer or the one that issues the ATM card, knows the client.
From there they can use malware or specialised electronics - often a combination of both - to control the operations of the ATM.
Major industry players say that barring the metros and urban centres, people in states like Uttar Pradesh, Maharashtra, Bihar, West Bengal, Madhya Pradesh and others have to travel 40 km or more to access an ATM.
Cash machine network Link has put in place specific arrangements to protect free-to-use ATMs more than one kilometre away from their next nearest freeto-use ATM.
Before, I would have been adamantly opposed to managing another ATM.
Now we just call Dolphin Debit."
The way the scheme worked is cash out crews dressed as ATM technicians, attached a laptop computer with a mirror image of the ATMs operating system along with a mobile device to the targeted ATM.
The targeted standalone ATMs are routinely located in pharmacies, big box retailers, and drive-thru ATMs according to the Secret Service alert obtained by Krebs.
A few ATM skimmers also change the entire display of the ATM.
Another technique employed in this crime is the use of a hidden camera, which records your PIN code and conveys it to fraudsters.A few ATM skimmers also change the entire display of the ATM.
12 Rewards of up to PS25,000 are paid for information that leads to the conviction of a person guilty of attacking an ATM.
With the newly installed ATM at Khunjerab Pass, Pakistan has outdone India for the world s highest ATM.
Union Bank of India had placed an ATM at 14, 300 feet in Kupup in 2007.
Flare conducts a survey of major three cities Lahore, Islamabad and Karachi, where mostly people showed anguished over the nonavailabilities of cash in ATM.
Faced with the question, "Which technology, service or device has the most impact on your life?", 49% of participants selected the ATM.