Rural Payment Solution Pvt Ltd is focused on developing Rural - Urban Digital Connect, as well as The project is aimed at promoting well being of Rural India by giving them benefit of facility & quality and also to expose them to modern digital retail experience. This is in line with the government policy of creating digital India (Rural India). The project envisages setting up at (RPS DIGITAL STORE) in all the Gram Panchayats of India local Village Level Entrepreneur’s
The hinterland of India consist of about 640,867 villages with 833.1 million consumers making up for about 68.84% per cent of population with limited or no access to DIGITAL Technology after Demonetization very few have access to the Digital Payments and various types of doing payments that is available for the ease of a common man where as in rural still there is a lack of the knowledge and awareness of the payment methods .
Rural Payment Solution Pvt Ltd focusing on these conditions has started opening the Digital Stores in the brand name of (RPS DIGITAL STORE)
As a pilot project we aim to build 2020 (Two Thousand and Twenty) villages’ digital on or before the year 2019.
Starting with a compelling Vision to be the Largest Digital Store by reaching 68.84% population of India population in the brand name of (RPS DIGITAL STORE) to be digital touch point for rural India and highly focused to acess technology in Digital Payments .
Government Initiatives to accelerate Digital Infrastructure
A, 250000 Gram Panchayat cluster of optical fiber cable.
B, Virtual mobile network
C, Common Service Centers
D, Digitization of Post Offices
E, Strengthening of Business process outsourcing
How Big Is Rural INDIA
(Big Ecommerce and Payment Companies in cities and town )
A, High literacy rate
B, 3G/4G connectivity
C, Credit Cards and Bank Accounts
D, E-Commerce Access
RPS DIGITAL STORE TARGET PEOPLE IN RURAL INDIA (68.84% POPULATION)
A, No 3G/4G
B, POOR AWARNESS
C, PRICE FLUCTATION /SENSATIVE MARKET
D, CASH PAYMENTS (WHERE WE LOOK TOWARDS THE DIGITAL PAYMENTS)
SOLUTIONS IN RURAL SECTOR WE HAVE
A, MPOS
B, AEPS
C, QRCODE
D, WALLET (CLOSED)
E, MICRO ATM
F, CUG CARDS/PREPAID CARDS
Operations Commenced On 2016
Franchise Commenced On 2017
Investment INR 10000 - 50000
Franchise/Brand Fee INR 12000
Royalty/Commission 20 %
Exclusive territorial rights to a unit franchisee Yes
Anticipated percentage return on investment 80 %
Likely pay back period of capital for a Unit Franchise 4-5 Months
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Type of property required for this franchise opportunity Commercial
Floor area requirement 100 - 200 Sq.ft
Preferred location of unit franchise outlet Market crowed with high foot fall
Detailed operating manuals for franchisees Yes
Franchisee training location ON LINE
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 2 Years
Is the term renewable? Yes
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