Who will be A Channel Partner
JC Ventures Private Limited, has introduced a Channel Partner business distribution model.
A Channel Partner will be appointed for a particular district to create the distribution network by identifying suitable distributors in the allotted area, as well as who also will be responsible to render the financial and non financial services/ products available on the portal of the company.
OUR SERVICE BOUQUET
We provides services under our following segments :
JC Pay is a mobile application which provides banking Financial Services and Insurance (BFSI) , Domestic Money Transfer(DMI), Aadhar Enabled Payment Services (AEPS), Bharat Bill Payment Services (BBPS) and mATM
Micro ATM is a mini version of an ATM. Micro ATMs are like modified Commission terminals this terminal can connect to the banking network via GPRS to perform banking transactions. This machine contains a card swipe(Only Debit Cards) facility.
AEPS – Aadhaar Enabled Payment System is a payment service empowering a bank customer to use Aadhaar as his/her identity to access his/ her respective Aadhaar enabled bank account and perform banking transactions like balance inquiry, cash withdrawal
Fund transfers will now be made easy with Cash to Account. Carry in cash and walk-in to any JCPay Center or select merchant establishments, fill in few details and have the money transferred to your loved ones, anywhere in the country.
Pay all your utility bills quickly and easily with a large variety of registered billers in India. Our bill payment is powered by Bharat Bill Payment System (BBPS) and made available through JC Pay mobile application. The direct access to the bill payment of water, gas, electricity, telecom, can be gained via JC Pay agent easily without any hassles.
Rights Of Channel Partner
A Channel partner will be given exclusive territorial rights for developing and doing the business within the periphery of the allotted district.
CP will be rendering the services of all JCV products through direct sales as well as his own distribution network.
He will be getting a commission in the form of OTC & ORC.
He will also be entitled to get royalty up to 35% of Net of JCV in case of indirect business.
Benefits Of Channel Partner
Channel partners will have exclusive territorial rights to trade and expand.
The channel partner will have the right to appoint a distributor, under which the distributor will also have the right to appoint an agent / adviser / retailer.
The channel will provide services of JC Ventures through its own distributor network with direct sales.
Channel Partner will receive a commission in the form of a One Time Commission (OTC) and an Overriding Commission (ORC).
In case of indirect business, the channel partner will be entitled to receive royalties of up to 35% of the net income of JC Ventures.