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The Economic Times

Economy / The Economic Times

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Fixed-price ATM pacts are the new normal for banks

Indian banks are moving to fixed-price contracts for ATM management. This change replaces older transaction-based models. Banks seek cost stability and assured service quality. This shift aims for predictable expenses and better performance from vendors. Many new ATM and cash recycler contracts are being awarded under this fixed-fee structure. This ensures consistent service and improved customer convenience.

18 Feb 2026 12:51 am