RPS DIGITAL STORE Franchise
Rural Payment Solution Pvt Ltd
1,583 views
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Established
2016
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Franchise Started
2017
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Owned Outlets
20
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Franchise Outlets
50
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Investment
Below ₹2 L
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Space Requirement
1500
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Brand Profile
ABOUT US
Rural Payment Solution Pvt Ltd is focused on developing Rural - Urban Digital Connect, as well as The project is aimed at promoting well being of Rural India by giving them benefit of facility & quality and also to expose them to modern digital retail experience. This is in line with the government policy of creating digital India (Rural India). The project envisages setting up at (RPS DIGITAL STORE) in all the Gram Panchayats of India local Village Level Entrepreneur’s.
WHY RURAL INDIA
The hinterland of India consist of about 640,867 villages with 833.1 million consumers making up for about 68.84% per cent of population with limited or no access to DIGITAL Technology after Demonetization very few have access to the Digital Payments and various types of doing payments that is available for the ease of a common man where as in rural still there is a lack of the knowledge and awareness of the payment methods .
Rural Payment Solution Pvt Ltd focusing on these conditions has started opening the Digital Stores in the brand name of (RPS DIGITAL STORE)
As a pilot project we aim to build 2020 (Two Thousand and Twenty) villages’ digital on or before the year 2019.
Starting with a compelling Vision to be the Largest Digital Store by reaching 68.84% population of India population in the brand name of (RPS DIGITAL STORE) to be digital touch point for rural India and highly focused to acess technology in Digital Payments .
Government Initiatives to accelerate Digital Infrastructure
A, 250000 Gram Panchayat cluster of optical fiber cable.
B, Virtual mobile network
C, Common Service Centers
D, Digitization of Post Offices
E, Strengthening of Business process outsourcing
How Big Is Rural INDIA
(Big Ecommerce and Payment Companies in cities and town )
A, High literacy rate
B, 3G/4G connectivity
C, Credit Cards and Bank Accounts
D, E-Commerce Access
RPS DIGITAL STORE TARGET PEOPLE IN RURAL INDIA (68.84% POPULATION)
A, No 3G/4G
B, POOR AWARNESS
C, PRICE FLUCTATION /SENSATIVE MARKET
D, CASH PAYMENTS (WHERE WE LOOK TOWARDS THE DIGITAL PAYMENTS)
SOLUTIONS IN RURAL SECTOR WE HAVE
A, MPOS
B, AEPS
C, QRCODE
D, WALLET (CLOSED)
E, MICRO ATM
F, CUG CARDS/PREPAID CARDS
Single Unit Investment for RPS DIGITAL STORE
| Sl | Heading | Description |
|---|---|---|
| 1 | Expected Investment | Below ₹2 L |
| 2 | Investments Includes |
Franchise Fee: 100000
Equipments: computer /printer Furniture and Fixtures: OFFICE TABLE AND CHAIRS Advertising / Marketing: PROVIDED BY COMPANY |
| 3 | Capital Investment | 10000 |
| 4 | Expected Payback Period | 6 months |
| 5 | Expected ROI | 15%% |
| 6 | Other Investment needed | NO |
Master Franchise Investment for RPS DIGITAL STORE
| Sl | Heading | Description |
|---|---|---|
| 1 | Expected Investment | |
| 2 | Franchise Fee | 500000 |
| 3 | Investments Includes |
Furniture and Fixtures: COMPUTERS/PRINTERS / 1500 SQ FT SPACE
Advertising / Marketing: PROVIDED BY COMPANY |
| 4 | Capital Investment | 500000 |
Important Points for RPS DIGITAL STORE Franchise
| Sl | Heading | Description |
|---|---|---|
| 1 | Franchise Training Program |
Training Program available for the franchisee
Software-Hardware Support included in the Franchise Fees |
| 2 | Franchise Training Venue | Head Office |
| 3 | Franchise available in Regions |
Central
Eastern Northern Southern Western North-East All India |
| 4 | Area/Site Preference | 0 |
| 5 | Minimum Floor Area needed | 1500 |
| 6 | Term of Franchise Agreement |
3 YEARS Franchise Agreement is renewableRenewal period: 3 YEARS |
| 7 | Other Important Points |
Minimum Guarantee given: ONE YEAR
Facility provided Master Franchise Available Site Select Help given |