ABOUT HITACHI MONEY SPOT ATM
Hitachi Payment Services is one of the select non-bank entities in India which has been licensed by the Reserve Bank of India (RBI) to deploy White label ATMs (WLAs) across the country. With a strong focus in Tier 3 to Tier 6 towns. We provide ATM services under the brand name Hitachi Money Spot and currently have over 9700+ ATMs.
As a leading payments and commerce solutions provider, Hitachi Payment Services has over 66,000 ATMs (including 27,500 CRMs), 9700+ White Label ATMs and 2 Mn* POS devices under management. With extensive industry know-how and a strong track record in managing ATM channels, our aim is to bridge the banking divide in semi-urban and rural areas of India and expand the scope of banking to anytime, anywhere banking through interoperable platforms
Franchise Requirements:
Space Dimensions to be as mentioned:
Minimum Agreement Period: 9 years
We also provide Master Franchisee opportunity to an individual/ business entity who shall be empanelled with Hitachi Payment Services Pvt Ltd and would be in a business of sourcing and identifying potential franchisees and manage them on day-to-day operations. They can also deploy and manage some set of ATMs/ CRMs as a Franchisee, themselves.
Operations Commenced On 2005
Franchise Commenced On 2017
Investment INR 2lakh - 5lakh
Franchise/Brand Fee INR 160000
Region Wise
Investment INR 2lakh - 5lakh
City Wise
Investment INR 2lakh - 5lakh
Exclusive territorial rights to a unit franchisee Yes
Anticipated percentage return on investment 20 %
Likely pay back period of capital for a Unit Franchise 10-11 Months
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Tripura, Arunachal Pradesh, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Pondicherry, Chandigarh, Daman and Diu
Type of property required for this franchise opportunity Commercial
Floor area requirement 50 - 120 Sq.ft
Preferred location of unit franchise outlet High street/ Residential/ Commercial/Market/Industrial Area/Junctions/Rly Stn/ Regional Bus Stands
Detailed operating manuals for franchisees Yes
Franchisee training location At franchise unit & Over Telephone, also refresher training is provided as and when required.
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? 9 Years
Is the term renewable? Yes
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