Cash Recycling Machines (CRM) is dual function advance ATM machines which accept cash deposits, process the notes and then use that for cash withdrawals. The benefit of deploying a cash recycler is enhanced efficiency both in terms of operations as well as costs. Cash recyclers are able to accept cash from customers and dispense as well. Machines are supported with Bill Validation Technology to ensure genuineness of currency. It is one of the new business option emerged in 2019 where currently few banks are allowed by NCPI in first phase to accept cash. Indezon in capacity of reseller provide this CRM Machine under various plans option and Investment.
HPY WLA Franchisee Quartz Model –(Quartz Model Model)
| CRM | |||
|---|---|---|---|
| Initial Investment | Rs.100000 | ||
| Refundable Deposit | Rs.50000 | ||
| Non Refundable Deposit | Rs.50000 | ||
| Monthly Fixed Charge | Rs.14500 | ||
| Transaction Slab | Cash Transaction | Non Cash Transaction | Deposit Transaction |
| For Initial 1310 transactions | 14 | 4 | 13 |
| If Txn more Than 1311+ | 10 | 2 | 10 |
- Minimum Guarantee amount will be 14,500/- p.m. from 1st month onwards
- This initial investment of Rs.1, 00,000/- is to be paid while signing up. This will be enhanced as required based on the incremental dispense by the CRM
- Where the deposits will be higher than the dispense the franchisee as to give a BG or the CRA Cost. For availing cash evacuation services. These will be decided on a case to case basis
- Post 1 year if WLA site didn’t achieve 2100 cash txns then HPY has right to close WLA site
- GST will be Applicable.
HPY WLA Franchisee Coral Model –(Coral Model Model)
| CRM | |||
|---|---|---|---|
| Initial Investment | Rs.288800 | ||
| Refundable Deposit | Rs.100000 | ||
| Non Refundable Deposit | Rs.188800 | ||
| Monthly Fixed Charge | Rs.0 | ||
| Transaction Slab | Cash Transaction | Non Cash Transaction | Deposit Transaction |
| For Initial 2600 transactions | 6 | 2 | 8 |
| If Txn more Than 2601+ | 8.5 | 2 | 8 |
- Upfront Fees will be non-refundable
- Minimum Guarantee amount will be ZERO in this model
- This initial investment of Rs.2, 88,800/- is to be paid while signing up. This will be enhanced as required based on the incremental dispense by the ATM.
- Post 1 year if WLA site didn’t achieve 2100 cash txns then HPY has right to close WLA site
- Where the deposits will be higher than the dispense, the franchisee has to give a BG OR the CRA costs.
- For Availing cash evacuation services. These will be decided on a case to case basis
- GST will be applicable.
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02
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03
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04
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