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MERCHANT FRANCHISEE OF
CHOTA ATM MERCHANT FRANCHISEE OF echhe
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CHOTA ATM Mobile Pos Security Deposit – Rs.2250/-
Monthly Rental - Rs. 150/- Instalation Charge – Rs.500/- GPRS Portable Security Deposit – Rs.10800/- Monthly Rental - Rs. 450/- Instalation Charge- Rs.400/-
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AIMS……………… The aim to change the landscape of electronic payment in emerging markets.It has been making good progress over the last couple years in different states of India and has now launched the Chota ATM . This device can be bought by the local kirana wala stores. It also is a Point of Sale terminal for collecting electronic payments from any Debit or Credit card. This pocket-sized solution shown in the picture is 100% made in India by Ezetap and can easily be extended to other services.
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SOLUTION OFFERED-----
The solution is offered with a monthly rental fee – and a commission as per quantity basis per cash-back transaction. Any legitimate business can open a zero balance current account and any Android or Windows phone or Tablet with a WiFi or data connection. For any transactions, the amount plus commission are settled the next day into the bank account of the merchant. With respect to it is a proven solution in the US where any grocery store lets you pay with your card and withdraw up to $100 then and there. RBI today allows a daily limit of Rs per cardholder. A individual is allowed to swipe 3 times per day.
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SOLUTION OFFERED---- This solution is surely a great utility but as a consumer, how safe is this?-”The beauty of this solution is that it is 100% certified by all the required standards and global best practices – EMV, PCI-PTS, PCI-DSS which are standards in the Payments industry. This means that the card reader and the PIN entry are exactly on par and certified as per the same standards as any other ATM,” says Sanjay. Ezetap has done all the groundwork and set up this solution, but it’s very hard to predict adoption in India. The outreach has now begun and we’ll be in touch with Ezetap to track the growth.
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Documents needed : To avail the benefits of CHOTA ATM Services you need to have a: Application form duly filled Identity proof Address proof 2 Copy Passport Size Photo
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Earnings…….. Each Associate can earn a huge amount monthly from individual business holders till the business runs. As for Example : 1 Business Holder minimum swipe / day @ Rs = Rs. 300/- Monthly Income Rs. 9000/-
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MINI ATM KEY FEATURES- Minimum amount per transaction ………Rs 100 per day. Maximum amount per transaction ……...Rs 1000 per day. Maximum transaction per card per day…….3 times (Any Bank Debit Card). No TDS & Service Tax is applicable. ………By RBI guidelines. Your transaction amount along with commission will be credited to your S/B or Current Account within 24 hrs. You have to open S/B or Current Account . Paper Roll Charge ………………………………….. Rs. NIL (Supplied by WINFMAT) SIM CARD GSM …………………………………….. 2G/3G Data Connection Require. Payment of Saturday and Sunday will give effect within 2PM on the immediate next Monday (Transaction + Commission) MIS Report would be given to the registered mail id by next day against each machine ID
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THANK YOU
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