White Label ATMs in Canada
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White Label ATMs in Canada provides alternative source of cash dispensing vis-à-vis traditional automatic teller machine (ATMs) from banks.
In Canada, the major financial institutions have their own branded ATMs located throughout the country. These ATMs prominently display the logo of the banks. A "white label" or no name ATM, which are usually located in non-traditional places, display no major bank labels on the actual ATM. Before 1997, only banks and other deposit taking financial institutions were allowed to be part of the Interac network. After 1997, independent operators were allowed to operate ATMs, not owned by major financial institutions.
In 2006, a little more than half of the 51,000 ATMs in operation in Canada were "white label".[citation needed]
Customers usually pay an added fee to use these ATMs.
Some of the providers in Canada include:
- Cash N Go Ltd of Edmonton AB & Hamilton ON - 1998 http://www.cashngo.com
- Direct Cash ATM of Calgary AB - 1998
- Ezee ATM of Toronto ON
- Frisco-Bay ATMs of Montreal QC is unit of Frisco-Bay Industries Ltd of Montreal - 1997 http://www.friscoatms.com"
- Inkas Group of Toronto ON - 1998 http://www.inkas.ca
- Triton Canada Ltd of Calgary AB - 1997
- Laser Cash owned by Threshold Financial of Mississauga ON
- ClearCard (Nationwide) is provider of ATMs and POS terminals http://www.clearcard.ca
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