Pay Point India ATM launched on 4th May 2017

Pay Point India ATM
Introduction
The New Service started by Pay Point India of AEPS ( Aadhar Enable Payment Service) which will enable Transaction of deposit, Withdrawal and Balance Inquiry without Debit/Credit Card on your
fingertips from Aadhar Linked Account. Pay Point India ATM in the Indian context is much different than an ATM. ATM as we know them are cash dispensers. Pay Point India ATMs are hand held point of sale terminals used to provide financial services in remote locations where bank branches and ATM are difficult to establish. Through a Pay Point India ATM one can connect remotely to the banks core banking system and perform financial transactions using fingerprint authentication .These machines are
typically used by business correspondents.

AEPS Micro-ATM POS

Benefits for Retailers
 One Time Investment
 Additional Revenue without extra setup and efforts
 No need to spend extra money for printer
 Easy to use
 Balance Inquiry, WithTimedrawal & Deposit for Any Bank ,Any Account & Any
 Offer complete banking experience to your walking customers
 Training ,installation and Branding Provided
 100% Data secured
 Excellent Shop Signage for increased footfall
 Increase Your Goodwill in the market
 You can carry out recharges , bill payment services for all the
telecom operators and utility providers
 Per Transaction limit -10000/-
 Maximum 5 transaction

Benefits for Consumer
 No charges for withdrawal, deposit & Balance inquiry
 No need to carry credit and debit card
 No need to remember 4 digit Pin
 100% Secured
 Transaction on your Fingertips
 Pay Point India ATMs are faster than going to the bank—No need to stand on long Queue
 Can Withdraw, Deposit and Balance Inquiry on Bank Holidays
 Withdrawal minimum of Rs.100 & Maximum Rs.10000/-
 Deposit minimum of Rs.100 & Maximum Rs.10000/-
 Per Transaction limit -10000/-
 Maximum 5 transaction
Product Price
 Charges for Retailer is Rs.12,500
Market Area – PAN India
 General Store
 Medical Store
 Mall
 Restaurant
 Clinic
 Club
 Near Railway Station/ Bus Stand/ Theater
 Many more…

Commission Structure
Schedule of charges/service fee to be levied on the Customer,
Revenue Sharing and Revenue Payment Mechanism
Withdrawal/ Deposit
Slab for Deposit & Withdrawal Retailer Type
Rs.101/- To Rs.3000/- 0.20% Percentage & Fix
Rs.3001/- To Rs.10,000/- Rs.6/- Fix
Settlement Cycle T+1 working days ( All payout will take place on T+1)
For Details Contact


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You