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 .
Operations Commenced On 2016
Franchise Commenced On 2016
Investment INR 50000 - 2lakh
Franchise/Brand Fee INR 100000
Royalty/Commission 13 %
Exclusive territorial rights to a unit franchisee Yes
Performance guarantee to Unit Franchise Yes
Anticipated percentage return on investment 15 %
Likely pay back period of capital for a Unit Franchise 1-1 Months
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh
- NA -
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
- NA -
- NA -
- NA -
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
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
Do you have a standard franchise agreement? Yes
How long is the franchise term for? Lifetime
Is the term renewable? Yes
Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.
Business Opportunities
Our Group Sites
Browse By Investment Range
Popular Cities
