Indicash atm

Tata Communications Payment Solutions Ltd. (TCPSL), a subsidiary of Tata Communications, on Thursday, rolled out the first-ever white label Automated Teller Machines (ATMs) network under the brand Indicash. Last year, the Reserve Bank of India , had allowed corporates to set up white label ATMs to increase the penetration of ATMs in several areas of the country. TCPSL, among others, had bagged a licence for the same. The first Indicash ATM was inaugurated at Chandrapada, a rural village in Thane district near here, on Thursday in the presence of senior RBI officials. TCPSL will deploy 15,000 Indicash ATMs in three years. Nearly 67 per cent of the ATMs will be deployed in semi-urban and rural areas, and the balance in metro and urban markets. TCPSL will engage with national and regional banks to support its rollout plansIn this front, the company has tied up with Federal Bank, which has been designated as a sponsor bank to take care of cash operations, dispute resolutions and regulatory reporting. The Indicash ATMs will be owned, operated and guarded by TCPSL. Like most other bank ATMs, Indicash offers a host of cash and non-cash services such as cash withdrawals, balance enquiries, mini-statements and PIN change. It will accept all domestic debit cards with the first five transactions a month being free, in line with RBI regulations for use of ‘Other Bank ATMs’. The Indicash ATMs have been designed to eliminate several concerns of cardholders. The Indicash machines are Dip...

"This suite of value added services will offer a seamless banking experience to customers at our ATMs – all under one roof, providing self-service options that are available with ready-to-perform transactions," said In the first phase, these additional services will be offered at over 1,600 Indicash ATMs located in tier one cities such as Mumbai, Delhi, Chennai, Hyderabad, Lucknow, Pune, Jaipur, Indicash™ ATM users can also enjoy the convenience of requesting a cheque book and account statement of the primary account linked to their debit card through the Indicash™ ATMs. All of the above services can be availed by customers of banks that have enabled these services, eliminating the need to visit a bank branch. What is white label ATMs? White Label ATMs does not have any label of any bank. Here, there are three inherent parties: the non-bank corporate entity like TCPS, authorized ATM network operators/card payment network operators like RuPay, Visa or Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp. Most Searched Stocks 568.45 03:59 PM | 15 Jun 2023 -1.85 (-0.32%) 448.10 03:59 PM | 15 Jun 2023 3.60 (0.81%) 269.25 03:59 PM | 15 Jun 2023 4.00 (1.51%) 1286.80 03:59 PM | 15 Jun 2023 -13.60 (-1.05%) 2552.55 03:59 PM | 15 Jun 2023 0.70 (0.03%) 3216.30 03:59 PM | 15 Jun 2023 -34.75 (-1.07%) 113.75 03:59 PM | 15 Jun 2023 -0.05 (-0.04%) 16.10 03:59 PM | 15 Jun 2023 -0.10 (-0.62%) 1582.05 03:59 PM | 15 Jun 2023 -19.70 (-1.23%) 388.95 03:59 PM |...

About Advertising in Indicash ATM - Birubari, Guwahati Indicash is the largest white-label ATM network operator and is owned by Tata Communications Payment Solutions Ltd (TCPSL). Indicash ATMs are the first ones in India to be allowed by RBI to open white-label ATMs. White-Label ATMs are ATMs that are not owned or branded by any banks. Indicash ATMs are present in the remotest areas of the country hence, by advertising in Indicash ATMs, brands can reach out to people living in tier 1 to tier 6 areas of the country. Automated Teller Machines, commonly known as ATMs are one of the most basic necessities of a city. ATMs are present in most commercial as well as residential areas and receive a very high number of footfalls every day. This makes ATMs a very attractive advertising spot. ATMs are the most sought after facilities in a locality and hence, ATM advertising is a popular option for hyperlocal advertising. Some of the popular ATM advertising types are advertising on the ATM glass door which is visible to commuters on the street and ATM screen ads that are visible to the customers while the machine is idle. Indicash is the largest white-label ATM network operator and is owned by Tata Communications Payment Solutions Ltd (TCPSL). Indicash ATMs are the first ones in India to be allowed by RBI to open white-label ATMs. White-Label ATMs are ATMs that are not owned or branded by any banks. Indicash ATMs are present in the remotest areas of the country hence, by advertising in...

Beware of Fraud! It has come to our notice that fraudsters are using the trademarked Indicash and Tata brand name and offering rent for your space for installing ATM or for ATM Franchise business opportunity and scamming people for money. Please note: • We do not ask for any processing fees or take any security deposits. • We do not entertain brokers and commission agents. • Our representative personally visits the shortlisted sites for a survey. • We do not demand or ask for any banking/personal/property documents before the site survey or finalization of the premises.

Every individual wants to multiply his investments and get a good return on them. Ideally, you always want your investments to be your steady source of additional income. Now if you own a commercial property then you have a good chance to get a lucrative return on your investment and get a steady monthly income. Generally, people, who own a commercial property open a shop and do business or else they rent out the shop to someone else. Doing your own business has its advantages but it comes with associated risks of running a business. The concept of ATM Franchise has come as an option where you can have your own business without much risk and at a minimal cost. Setting up an Automated Teller Machine (ATM) is a very fast-growing investment option in India. ATM Franchise With a growing population across all Indian cities, the need for ATMs is also increasing as getting basic access to financial services has become an absolute necessity. Recently 7 NBFCs have been given permission by the RBI to open white label ATMs. White label ATMs are the ATMs which are operated and owned by Non- Banking Financial Companies (NBFCs). RBI has mandated all the participating NBFCs to open a certain number of white label ATMs out of which most are to be opened in rural areas and only a few are allowed in semi-urban and urban areas. For example, one of the NBFC called Tata Communications Payment Solutions has been mandated to open 15,000 white label ATMs out of which it will be installing 10,000 ...

Rural Packages • SPACE REQUIRED 50 TO 80 SQ FT • RENT PER MONTH INR - 15,000 /- PER MONTH • ADVANCE ₹ TO BE PAID 5 LAKHS FOR 5 YEARS • MINIMUM AGREEMENT PERIOD 5 YEARS • COMMISSION TO BE PAID ₹ 8 FOR PER TRANSACTIONS & ₹2 FOR NON TRANSACTIONS • SECURITY GUARD (SALARY ₹18.5K) & ₹12.5K FOR ELECTRICITY TO BE PAID PER MONTH • PROCESSING FEES 16500 Urban Packages • SPACE REQUIRED 50 TO 80 SQ FT. • RENT PER MONTH INR - 21,000 /- PER MONTH • ADVANCE ₹ TO BE PAID 5 LAKHS FOR 5 YEARS • MINIMUM AGREEMENT PERIOD 5 YEARS • COMMISSION TO BE PAID ₹ 8 FOR PER TRANSACTIONS & ₹2 FOR NON TRANSACTIONS • SECURITY GUARD (SALARY ₹18.5K) & ₹12.5K FOR ELECTRICITY TO BE PAID PER MONTH • PROCESSING FEES 16500

The Indicash brand of ATM network is operated and managed by Tata Communications Payment Solutions Ltd. (TCPSL), a wholly owned subsidiary of Tata Communications Ltd. Indicash is the largest White Label ATM network in the country today and the second largest in rural geographies. Indicash through its extensive network of ATMs is spearheading cash accessibility to the remotest part of the country. Driven by the Tata ethos of empowering masses and pioneering innovations, Indicash has bundled it’s network strength and expertise to curate innovative solutions for Banks and Brands thus delivering value to our stakeholders. - We empower banks to spread their ATM Footprint across the country instantly and cost-effectively - We empower brands to multi-fold their reach & engagement through cost-effective and immersive media solutions - We empower Indians by providing access to their money through our extensive ATM network Because we believe #CashEmpowers On the occasion of 'Women Entrepreneurship Day' today, Indicash congratulates all our Women Franchisees on being a great support in making the country cash empowered and welcoming all the women with an entrepreneurial spirit to start their journey with one of the largest white label ATM operators. Click here to know more:

"This suite of value added services will offer a seamless banking experience to customers at our ATMs – all under one roof, providing self-service options that are available with ready-to-perform transactions," said In the first phase, these additional services will be offered at over 1,600 Indicash ATMs located in tier one cities such as Mumbai, Delhi, Chennai, Hyderabad, Lucknow, Pune, Jaipur, Indicash™ ATM users can also enjoy the convenience of requesting a cheque book and account statement of the primary account linked to their debit card through the Indicash™ ATMs. All of the above services can be availed by customers of banks that have enabled these services, eliminating the need to visit a bank branch. What is white label ATMs? White Label ATMs does not have any label of any bank. Here, there are three inherent parties: the non-bank corporate entity like TCPS, authorized ATM network operators/card payment network operators like RuPay, Visa or Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp. Most Searched Stocks 568.45 03:59 PM | 15 Jun 2023 -1.85 (-0.32%) 448.10 03:59 PM | 15 Jun 2023 3.60 (0.81%) 269.25 03:59 PM | 15 Jun 2023 4.00 (1.51%) 1286.80 03:59 PM | 15 Jun 2023 -13.60 (-1.05%) 2552.55 03:59 PM | 15 Jun 2023 0.70 (0.03%) 3216.30 03:59 PM | 15 Jun 2023 -34.75 (-1.07%) 113.75 03:59 PM | 15 Jun 2023 -0.05 (-0.04%) 16.10 03:59 PM | 15 Jun 2023 -0.10 (-0.62%) 1582.05 03:59 PM | 15 Jun 2023 -19.70 (-1.23%) 388.95 03:59 PM |...

Beware of Fraud! It has come to our notice that fraudsters are using the trademarked Indicash and Tata brand name and offering rent for your space for installing ATM or for ATM Franchise business opportunity and scamming people for money. Please note: • We do not ask for any processing fees or take any security deposits. • We do not entertain brokers and commission agents. • Our representative personally visits the shortlisted sites for a survey. • We do not demand or ask for any banking/personal/property documents before the site survey or finalization of the premises.

Rural Packages • SPACE REQUIRED 50 TO 80 SQ FT • RENT PER MONTH INR - 15,000 /- PER MONTH • ADVANCE ₹ TO BE PAID 5 LAKHS FOR 5 YEARS • MINIMUM AGREEMENT PERIOD 5 YEARS • COMMISSION TO BE PAID ₹ 8 FOR PER TRANSACTIONS & ₹2 FOR NON TRANSACTIONS • SECURITY GUARD (SALARY ₹18.5K) & ₹12.5K FOR ELECTRICITY TO BE PAID PER MONTH • PROCESSING FEES 16500 Urban Packages • SPACE REQUIRED 50 TO 80 SQ FT. • RENT PER MONTH INR - 21,000 /- PER MONTH • ADVANCE ₹ TO BE PAID 5 LAKHS FOR 5 YEARS • MINIMUM AGREEMENT PERIOD 5 YEARS • COMMISSION TO BE PAID ₹ 8 FOR PER TRANSACTIONS & ₹2 FOR NON TRANSACTIONS • SECURITY GUARD (SALARY ₹18.5K) & ₹12.5K FOR ELECTRICITY TO BE PAID PER MONTH • PROCESSING FEES 16500