Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
Business Categories
Career Counselling & Brain Programming

Cashless Technology Association

  • Area Req
    100 Sq.ft
  • Investment Range
    INR 50 K - 2 Lac
  • Franchise Outlets
    50-100
Business Details

About Us:

The Indian government is encouraging people towards the cashless economy. Cashless Economy can be found only when the cash is reduced gradually in the economy and all transactions like electronic media such as Direct Debit, Credit and Debit Card, Electronic Clearing and Payment System, such as Instant Payment Service (IMPS), National Electronic Use of Fund Transfer (NEFT) and Real Time Gross Settlement (RTGS).Benefits to citizens from the cashless economy in the country:• There is no need to take cash to get goods and services. Walking through currency notes and losing hard-earned money can be avoided.• In the absence of open money, can avoid paying additional cost, resulting in the actual outstanding amount can be paid. The cost of transactions can be low.• Convenience in shopping, payment of bills and financial transactions can be done from home, office or anywhere through your smart phone.• It certifies financial transactions and maintains proper records. If all financial transactions are from electronic means, then it is impossible that black market and become an underground economy and damage to the national economy.• Digital payments indirectly reduces the cost of printing of currency notes and the need for traffic.• Electronic transactions help fight corruption and reduce the flow of black money. This way helps in the development of the country's economy.• Less use of cash prevents it from being illegal and makes better tax (tax) compliance.• The result of increase in tax base will be that more funds will be available for the state's funds and funds for public welfare programs of the government.

Cashless Technology Association provides  gratis cashless technology literacy through their more than 150 center's in India for supporting 'Cashless India' initiative of Government of India . 

 

Investment Details

Commenced Operations

Operations Commenced On 2016

Franchising / Distribution Commenced On 2016

Franchise Details
Units

Investment INR 50 K - 2lac

Franchise/Brand Fee INR 100000

Royalty/Commission 13 %

Expansion Locations
North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh

South

- NA -

East

Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha

West

- NA -

Central

- NA -

Union Territories

- NA -

Franchise Details

Exclusive territorial rights to a unit franchise Yes

Performance guarantee to unit franchisee Yes

Anticipated percentage return on investment 15 %

Likely pay back period of capital for a unit franchise 1-1 Months

Property Details

Type of property required for this franchise opportunity Domestic

Floor area requirement 100 Sq.ft

Preferred location of unit franchise outlet proper place in disctrict

Training Details

Franchisee training location new delh

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

Agreement & Term Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? Lifetime

Is the term renewable? Yes

Insta Apply
More Stories
Apply Now

Free Advice - Ask Our Experts