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• The company is the largest independent non-bank ATM operator (referred to as a white label ATM operator) in India. the company operated a network of 8,520 ATMs across 14 states and union territories in India, which we brand as “india1ATM”.
• White label ATM operators operate under license by the RBI under the Payment & Settlement Systems Act, 2007, and the company has been an authorized white label ATM operator since February 12, 2014.
• The company's ATM business is focused on semi urban regions (population between 10,000 and 100,000) and rural regions (population under 10,000) in India (together the “SURU regions”), where 7,619 ATMs (89.4% of the ATMs) the Company was the second largest operator of ATMs in terms of the number of  ATMs in the SURU regions
• The customers of the company are savings and current account holders with a valid debit card of one of the over 100 banks that are members of the National Financial Switch (“NFS”) operated by the National Payments Corporation of India (“NPCI”). A transaction carried out at an ATM of the card issuing bank is called an “on-us” transaction. A transaction carried out at any other ATM including at one of  the ATMs is called an “off-us” transaction. By using an india1ATM, the customers can perform different financial transactions such as cash withdrawals, card to card transfers as well as changes to their PINs and requests for account balances, mini-statements and cheque books. Customers accessing ATMs outside their bank’s own ATM network receive an RBI mandated minimum of three free “off-us” ATM transactions per month (if located in Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, and New Delhi) and five free “off-us” ATM transactions per month in other locations. (Basic Savings Bank Deposit Account or BSBDA account may have different norms for free transactions).
• The company generate revenue on a per-transaction basis from an interchange fee paid by the customers’ banks for processing the ATM transactions rather than the customer itself. The RBI sets the interchange fees, which are currently as follows:
  ₹17 for financial transactions 
  ₹6 for non-financial transactions
• The incorporation of the company took place on 30th June 2006 and has its registered office at Units No. 801 to 810, 8th Floor, Tower “B”, Diamond District, # 150, Old Airport Road, Bengaluru, Karnataka