What are the benefits of having an ATM in your business location?
Lower Merchant Service Fees
- Fees on credit cards can range anywhere from 2-4% per transaction, affecting profit margins.
- Increase to your bottom line through higher usage of cash.
Increased Services for Your Customers
- Customers appreciate the convenience of a nearby ATM.
- An ATM can increase “walk-by” foot traffic.
Increased Sales
- Studies show that customers who use an ATM will spend 25-30% of that money within the business in which the ATM is located.
Extra Revenue
- A service fee is charged for all ATM transactions.
- You are entitled to a portion of the transaction fees by hosting or owning an ATM in your business providing you with a dependable passive source of income.