What is WLA ATM
Automated Teller Machines (ATMs) set up, owned and operated by non-bank entities are called "White Label ATMs" (WLAs). Non-bank entities incorporated in India under the Companies Act 1956 are allowed to operate WLAs. These machines are usually deployed by NBFC (Non-Banking Financial Institutions).
Deployment of White label ATM's will help in:
- Increasing the spread of ATMs in India
- Delivering a wide variety of banking services to customers
- Expanding the scope of banking to anytime, anywhere banking through interoperable platforms
ATM Franchise – Grow with us
M7 Solutions will be extending the necessary support as part of the onboarding process to train you on handling the daily ATM operations like First Level Maintenance (FLM), Cash Loading and Cash handling etc., Moreover dedicated resources will be available to support the Franchisee on a regular basis for undertaking smooth business operations.
Responsibility of ATM Franchise
- Ensuring the ATM room is customer before the launch (Civil, Carpentry etc)
- Managing Regular Site Related Expenses – Site Rentals, Electricity Bill Payment, Housekeeping and regular site upkeep and maintenance, refurbishing branding as required etc.,
- Managing Daily ATM operations – In Time Cash Loadings, Handling First Level Maintenance (FLM) Instances, ATM inaugural and promotion in neighbourhood as per M7 Solutions Branding Guidelines, Regular site upkeep and maintenance
- Post Go Live – Ensuring the ATM operations are managed and operated ethically and in sync with Brand Reputation & set guidelines
Benefits of Franchise Partners
24/7 support and Training
High Return Investment
Minimum Investment
Enterpurtional Opportunities
Become a WLA ATM Distributor/Partner
Distributor:
In this partners program you can get fixed maximum sharing percentage half of master distributor on every transactions on all ATM/CRM deployed by you.
Note:
1. Distributor get transaction commission as per contract duration.
2. All Master get on CRM portal/Mobile App to signup new franchise early.
3. Agreement done after Security Deposit by master distributor.
4. Master distributors need to install 5 WLA within 90 day.
5. Master distributor can also Sell or Rent our POS Machine.
List of Document (Self Attested Copy) :
Pan Card
Aadhaar Card
Address Proof
Current Account Cancel Cheque
GST Registration (if Available)
Become a WLA ATM Distributor/Partner
Rent your space
What we do
Our White Label ATM partnership model is ideal for banks, co-operative banks, corporates as well as co-operative credit societies that want to provide ATM services to their customers. Offering a bouquet of services including cash deposit facility, our WLA drives customer convenience and builds brand trust.
Cash Withdrawal Facility
Cash Deposit Facility
Pin Change Facility
Balance Enquiry
Mini Statement
Perform Card-Card Money Transfers Across Banks
Cheque Book Request
Statement Request