The Franchise-Owned, Franchise-Operated (FOFO) model empowers entrepreneurs, merchants, and shopkeepers to run their own smart mini-ATM business. In this model, you own the QTM device and operate it on your premises, serving your community's banking needs while multiplying your earnings through every transaction. Our team is dedicated to providing the training, technology, and support to help you manage your operations and achieve your business goals.
We provide a comprehensive framework for you to operate a successful QTM business, giving you the tools for secure transactions, reliable service, and scalable growth.
Our comprehensive FOFO package includes the QTM device, software, branding materials, and training, giving you everything you need to launch a mini-banking hub at your location. We provide a proven playbook to help you get started quickly and operate with confidence.
The FOFO model is designed for profitability. Earn direct commissions on every cash withdrawal and deposit, plus a majority share of the revenue from all utility services. This diversified income model helps you maximize your earnings from a single device.
From installation and onboarding to daily operations, our team provides continuous support. You'll receive technical training, marketing kits to boost footfall, and access to a 24/7 helpline to resolve any issues quickly and ensure your operations run smoothly.
Operate with peace of mind knowing all transactions are processed through secure, RBI-BC compliant, bank-approved APIs. Our platform features end-to-end encryption, real-time monitoring, and instant digital receipts to ensure trust and transparency for both you and your customers.
Getting started is easy! Simply contact us to schedule an initial consultation or fill out our online inquiry form. Our team will discuss your goals, explain the different partnership models, and help you determine which opportunity is the best fit for you.
We provide comprehensive training that covers device operation, transaction processing, compliance requirements, and customer service best practices. Additionally, you will have access to our 24/7 technical support helpline, marketing materials, and a partner dashboard to track your performance and earnings.
Security is our highest priority. All transactions are processed through secure, bank-approved APIs with end-to-end encryption. The QTM device utilizes biometric (UIDAI) and OTP-based authentication, and all operations are fully compliant with RBI and NPCI guidelines.
The investment varies depending on the partnership model. The FOCO and FOFO models involve the cost of the QTM device, whereas the Agent program requires no upfront investment. For Distributor and Stockist roles, the investment is linked to inventory and territory size. We will provide a detailed financial breakdown during your consultation.
Your earnings are automatically settled to your registered bank account at regular, pre-defined intervals. You will have access to a real-time, transparent dashboard that details all your transactions and the commissions you have earned.
You do not need a special license. A QTM is suitable for any existing retail store, commercial establishment, or area with high footfall. Your location and KYC documents will need to meet our standard verification criteria, and we will manage the necessary bank and regulatory alignments.
Our support team is available 24/7 to assist with any issues. We use remote diagnostics to resolve problems quickly. If a hardware issue cannot be fixed remotely, we will provide a replacement device in accordance with our Service Level Agreement (SLA) to minimize downtime.
For the FOFO (Franchise-Owned, Franchise-Operated) model, the partner is responsible for managing the daily cash float required for customer withdrawals. For the FOCO (Franchise-Owned, Company-Operated) model, all cash logistics are handled by Chairo or our designated cash management agency, making it a hassle-free investment for you.
