Transaction-linked ATM contracts
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Fixed-price ATM pacts are the new normal for banks
The Economic Times· 2026-02-17 19:21
Bank of Baroda, Bank of India, Of the 17,350 ATM contracts currently in the request-for-proposal (RFP) stage across banks, about 7,800 are structured around fixed payment models, underscoring the industry's pivot towards cost stability and long-term service alignment."Most of the contracts now being awarded are on fixed-price models, as banks have realised that if they want assured quality, consistency, and clearly defined outcomes from their partners, a fixed-fee structure works far better than a transact ...