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ATMs are placed not only near or inside the premises of banks, but also in locations such as shopping centers/malls, airports,
grocery stores, petrol/gas stations, restaurants, or any place large
numbers of people may gather. These represent two types of ATM
installations: on and off premise. On premise ATMs are typically more
advanced, multi-function machines that complement an actual bank branch's
capabilities and thus more expensive. Off premise machines are deployed by
financial institutions and also ISOs (or Independent Sales Organizations)
where there is usually just a straight need for cash, so they typically
are the cheaper mono-function devices. In Canada, when an ATM is not
operated by a financial institution it is known as a "White Label ATM".
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