RBI vides its circular RBI/2016-17/202 DPSS.CO.PD. No.1621/02.10.002/2016-17 dated December 30, 2016 has allowed WLA Operators to source cash from retailer hence AGS seeks to appoint distributors to setup ATMs and manage the said ATMs under the below model. Under this new model of deployment, the Distributor will identify and subject to approval from AGS, sign up sites for ATMs to be deployed. Once possession of the site has been taken, AGS will do the necessary work of installing the ATM sites, by renovating the interiors, and providing all the necessary equipment, such as ATMs, UPS, V-SAT, etc. Details of the roles and responsibilities are mentioned below as well as the settlement process and Commercial model. Earning Potential = Rs. 50,000/- to 80,000/- Per Transaction Commision Model.
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