HITACHI ATM Franchise Cost, Profit, Wiki, How to Apply | SkillsAndTechSkillsandTech | February 4, 2022 |
Hello friends, do you want to become a ATM franchisee of a popular brand in India? Want to start ATM Franchise. So, choosing Hitachi ATM Franchise would be a great option. In this article we discuss about getting Hitachi ATM Franchise, investment, commission, applying process, documents required and much more.
Hitachi Payment Services is one of the select non-bank entities in India to have been licensed by the Reserve Bank of India to deploy and operate white label ATMs (WLA) across the length and breadth of the country. Hitachi Payment Services is a premier payment solutions provider empowering banks and merchant aggregators with a comprehensive array of technology-led cash and digital payment solutions. Our solutions enable high level of customer satisfaction and have redefined the way payments are fulfilled today.
While maintaining ATMs is becoming a costly affair, many leading banks and financial institutions are outsourcing ATM services. Hitachi is an ideal partner for managing its partners’ complete ATM networks and driving business growth by generating interchange revenue, optimizing costs, enhancing customer service and building brand trust. Our ATM services portfolio includes- Security of transactions, easy and speedy access to cash and seamless service define Hitachi’s ATM solutions.
Table of Contents
HITACHI Payment Services ATM Company Overview
See Also: Mithaas Franchise
|Company size||1,001-5,000 employees|
|Specialties||ATM Services, Cash Recycling Machines, ATM Software Platforms, White Label ATMs, POS Solutions, Internet Payment Gateway Solutions, Toll & Transit Solutions, Risk Management & Analytics, Reconciliation & Settlement Services, Merchant Services, Card Issuance Solutions, and Digital Payment Platform (Bharat QR, UPI)|
What is an ATM Franchise business?
An ATM Franchise is a promising business opportunity for established or aspirant entrepreneurs, to earn by operating and managing White Label ATM/s. It is a high margin, asset lite cum minimal investment business, whereby you can earn with every cash and non-cash transactions undertaken at a WLA ATM.
ATM franchise opportunities are a relatively new and expanding market. In exchange for keeping a steady supply of cash on hand, consumers normally pay a service charge for each transaction. This charge goes towards the upkeep and maintenance of the machine and directly to the owner of the business.
Benefits of Hitachi ATM WLA Franchise
- Additional income
- Increased store footfall
- Higher store reputation
- Cash Safety
Why Partner with Hitachi Payment Services ?
- Association with Hitachi Brand.
- Entrepreneurial Opportunity
- Minimal Investment
- High Return on Investment
- Dedicated Support and Training
See Also: Punjabi Chaap Corner Franchise
Why you should become Hitachi Payment Services ATM Franchisee ?
Entrepreneurial Opportunity: Partner with India’s largest White Label ATM Operator. backed by the trusted Hitachi group.
Minimal Investment: Make an initial investment with refundable. security deposit
High Return on Investment: ROI @33% in year 1 and potential to move up to 53% in year 5
Flexible Business Model: Leverage an existing site or propose self-owned/leased commercial space
Complete Ownership to Drive ATM Uptime: Cash Loading. First Line Maintenance and Promotions by Franchisee
Training and Technical Support: Dedicated backend support Hitachi team.
How does it work ?
Shortlisting of Site Based on business requirement, either choose from existing site’s or propose self-owned/leased commercial space.
Franchise Onboarding Contractual Agreement, Security Deposit (refundable.), Documentation and Account Opening.
ATM Room Readiness‘ Civil, Carpentry, Cash Loading by Franchisee.
ATM Go Live Support‘ ATM, VSAT, Batteries, Branding and RBI mandated marketing collateral. Training and Support by TCRSL.
Launch of ATM Inaugural of the Hitachi ATM Franchise site.
Manage ATM Operations Regular Cash Loading, First Level Maintenance, and Promotions by Franchisee.
Earn with Every Transaction Opportunity to earn revenue with every cash and non-cash transaction.
Documents required to be a Hitachi Payment Services ATM Franchisee
- Identity: Aadhaar Card, Pan Card, Pan Confirmation Letter to fill.
- Address Proof (KYC, Electricity Bills for self-owned shops and Landlord agreement for rental space)
- Proprietorship/Partnership/LLP Documents (Trade Name, GST No)
- Bank Account Opening (New bank account tagged for waiver as per 194N)
- Submission of Documents & Agreement( Agreement in Rs. 100 Stam Paper in 2 Set required).
- Payment of Security Deposit (Refundable deposit of 5 lacs in the form of Demand Draft)
Hitachi ATM Franchise Model and Investment
All the franchise model and the detailed information on Hitachi ATM Services are given below:
SeeAlso: Tea Trails Franchise
- Upfront Fees will be non-refundable.
- Minimum Guarantee amount will be ZERO in this model.
- This initial investment of Rs.2,10,000/- is excluding the cash loading fund of Rs.1,00,000/- which will have to be paid while signing up. This will be enhanced as required based on the incremental dispense by the ATM. GST will be applicable on upfront fees.
To apply for the Hitachi ATM Franchise, you have to follow some following steps as given below:
For collaborating with us under our franchisee-based model, write to us at firstname.lastname@example.org or call on the number given below:
Hitachi ATM Franchise Contact Details
|Address||Level – 2, Silicon Towers, 23/1-B, Velachery Tambaram Main Road, Pallikaranai, Chennai – 600 100.|
|Phone||+91 44 6156 7600|
|Address||# 401, 4th Floor, Silver Metropolis, Jai Coach Compound, off Western Express Highway, Goregaon (E),Mumbai – 400 063|
|Phone||+91 22 3954 1800|
|ChennaiA-3, Truck Terminal,|
Chennai – 600 060
|Mumbai501,502 & 503, 5th Floor, Landmark IT Park, 150ft. Road, Bhayander (West), District – Thane, Maharashtra – 401101.1/7, Old Anand Nagar, Nr. Billawa Bhavan, Guru Narayan Marg, Off. Santacruz Station, Santacruz (E), Mumbai 400055.|
|Delhi – NCR1st Floor, Marwah Towers,|
Plot No. 25, Udyog Vihar, Phase – 4,
Gurugram , NCR, Haryana 122 015.
|KolkataAC – 174,|
Kolkata – 700064.
|BangaloreI ‘C’ Cross, 18th ‘A’ Main, HAL 2nd Stage, Indiranagar,|
Bangalore – 560008.
|Hyderabad“Sree Rama Bhawanamu”,|
M. No. 10-2-236, First Floor,
Plot. No. 176 (Mega City No. 182),
Road No -5, West Marredpally,
Secunderabad – 500026.
|PuneSamved, 2nd Floor, Door No.637/B, Nxt to Rutugandh Hotel, B/h Deccan Bus Stand, Deccan Gymkhana,|
|Ahmedabad1st floor,No.4 Shripal Nagar, Opp. Sukh Sagar Complex,Nr.|
Fortune Landmark Hotel, Usmanpura,
|Patna2nd Floor 250 A,|
Opp. Patliputra PS,
Patna, Bihar – 13
|PuducherryR. S. No. 176/7,8,14, Chinna Veeranpattinam Road, Odavali Village, Manaveli Revenue Village, No. 70, Ariyankuppam Commune, Puducherry 605007|
Procedure to setup Hitachi ATM Franchise
All the procedure to setup Hitachi ATM Franchise are explained below:
F.A.Q(Frequently asked question)
See Also: House Of Cafe Franchise
Q. Is ATM Franchisee a good business opportunity?
Ans: Yes, If you are looking for a business opportunity that gives you a good return on investment(ROI) with minimum investments ATM Franchise is a good option for you to consider.
Q. What is the investment to start an Hitachi ATM Franchise?
Ans: You can start by making a minimum investment of Rs 2 lacs as a one-time refundable* deposit and approx. Rs 3 lacs to run the daily ATM operations.
Q. I have no experience in handling the ATM operations, can i apply for the Hitachi ATM Franchise?
Ans: Yes, you can apply for the Hitachi ATM Franchise. Because, officials team will provide necessary support as part of the onboarding process to train you on handling the daily ATM operations like First Level Maintenance (FLM), Cash Loading and Cash handling etc.
Q. Is there any lock in period as part of the arrangement?
Ans: Yes, there is a minimum lock in period of 1 year. A clawback of Rs 1 lac will be applicable if the franchisee partner exits the business within 1 year.
Q. How much can I earn by being an ATM Franchisee?
Ans: ATM franchisee owner can earn good and a steady Return on Investment ranging between 33% to 50% +. You can earn up to Rs 8 for every cash transaction and up to Rs 2 for every non- cash transaction.
Q. How can I contact to be an Hitachi ATM franchisee?
Ans: All the information is given above. You can call on +91 44 6156 7600 & +91 22 3954 1800 . Or you can fill this form click here.