December 2, 2022

Spice Cash has prolonged ATM companies to Chitkul, India’s final inhabited village in Himachal Pradesh for the primary time. The village had no ATM facility until now. Spice Cash has now launched Spice Cash Mini-ATM companies. The corporate in a press release immediately stated it has transformed one of many solely two Kirana Shops within the village right into a Spice Cash ‘Digital Dukaan’ to supply cash-in cash-out companies to the residents and vacationers.

Tucked away from the hustle-bustle of cities within the Kinnaur-Kailash area of Himachal Pradesh, the picturesque village of Chitkul has a inhabitants of about 900 folks together with 20-25 vacation resorts catering to worldwide and Indian vacationers. With the closest ATM being 25 km away in Sangla and the non-availability of e-banking because of poor web connectivity, the village had traditionally been dealing with the problem of accessing money or cost companies.

Spice Cash has empowered the kirana retailer proprietor to change into a Spice Cash Adhikari and open his Digital Dukaan with zero price. This Digital Dukaan now acts as an ATM centre offering primary money withdrawal and deposit companies. The Spice Cash Mini ATM accepts debit and bank cards from all main banks.

“Rural India continues to be a cash-driven economic system however grapples with money scarcity, principally because of lack of ATM and banking infrastructure. At Spice Cash, our mission is to empower the smallest cities and villages within the remotest nook of India and produce ATM companies to their doorstep. The mini ATM service in Chitkul is a step in direction of bettering the ATM infra within the nation and thus shifting in direction of our goal of making the biggest ATM community in India. Locals and vacationers touring to Chitkul have all the time been scuffling with entry to money. We’re assured that these points will now stop to exist, with the primary Digital Dukaan from Spice Cash,” stated Sanjeev Kumar, CEO of Spice Cash.

Spice Cash stated it’s planning to increase the Spice Cash Adhikari community within the Kinnaur district of Himachal Pradesh by onboarding extra distributors to supply mini-ATM companies, cost and excursions and journey companies to the group.

At current, over 5,00,000 Adhikaris (retailers/entrepreneurs) are part of the Spice Cash community and practically 90% of them are current in semi city and rural India. Spice Cash is protecting 18,000+ pin codes, 700+ districts and 5000+ blocks in India.

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