Reduce cost of operations by 40% on your ATM channel

The ATM channel is a value cost center for your business. In today's economic scenario, the cost of sustaining a profitable ATM channel seems to be a burgeoning challenge for most banks. The main cost components being high rents, cash management costs, electricity costs and security service costs.

India Transact services brings to you a shared ATM infrastructure proposition that addresses the economics of setting up an off-site ATM. The “India Transact ATM Bay” will set up a common infrastructure for 4 to 5 ATMs at prominent locations through out the country, starting with Mumbai. This unique concept allows the banks to share Infrastructure costs as well as share OPEX cost such as rent costs, deposit costs, guard costs, cash management costs, electricity costs etc.. The concept works as a business center for ATMs. Bring in your ATMs and VSAT and you are ready to GO LIVE!

India Transact ATM bay
The India Transact ATM bay consists of “ready- made” ATM room with space for 4 to 5 ATMs. A common UPS will be provided for all the ATMs. The room itself will have two AC, individual cheque deposit boxes, security guards, one 6 feet poster for each bank, common writing ledge, a telephone and dustbins. In short, everything that an ATM room must have will be there.

Real estate-highly accessible & highly visible
Searching for a prime site for your ATM is a concern for all banks. To solve the issue The India Transact ATM bays are located at strategic high footfall locations.

Shared cash management services
We reduce your load of managing day-to-day cash management operations and enable you to focus on key business issues. Cash management will also be a shared service under this concept allowing you to reduce cost further.

Shared security 24x7
Qualified security personnel are available round the clock at all sites. They also assist customers for any onsite queries. The India Transact ATM bays are monitored online by state-of-the art IP CCTV surveillance software.

There's nothing like back-seat driving!

We manage the show at the India Transact ATM bay. We have these models that a bank can choose from:

1. 'Business centre' model
In this model, the bank brings in their brand of ATM and VSAT and installs in the pre-defined space. The cash management will be provided by us. The ATM and VSAT AMC will be the banks responsibility. All other items are taken care by us in our service charge.

2. Additional value added service
a. Digital signage - advantage advertising!: One digital signage screen is installed above each ATM. Marketing video content is provided by the bank to be broadcasted on the digital signage screens within the ATM bay. Digital signage enables a bank to engage with its customers. advertise home loans, personal loans, insurance products etc. on the LCD screen placed above the ATMs. We offer banks with the opportunity to increase income by promoting consumer services such as mobile top-ups, bill payments through their ATMs.

b. Cheque deposit kiosk: Banks can be provided with a cheque deposit kiosk at an incremental cost per month instead of using the cheque deposit boxes.