Are you interested in generating more revenue for your business? Here's how owning an ATM works.
- We sign you up for payment processing
- You buy your own ATM or partner with us
- We install the ATM in your location(s) and get you started
- You set the surcharge price
- A person withdraws money from your ATM and you will earn profits from the surcharges
There are no hidden fees, no monthly fees, no per transaction charges for transaction processing on your end. The only long term fees you will have will be for the dedicated phone line, electricity and keeping it stocked with cash and receipt paper, which we provide for free as long as you process your transactions with us.
Here's what's included in our ATM processing:
- Free Shipping & Installation
- Free ATM Lighted Neon Sign
- Free ATM Lighted Topper
- Free Online Web Reporting
- Free Receipt Paper
- Free Processing - No Fees
Below are three frequently asked questions we get.
WHEN, AND HOW MUCH CAN I BE PAID WITH MY OWN ATM?
Once the new ATM has been in service for one month, you will receive a detailed monthly report that details the total number of transactions,
total cash dispensed and total surcharge revenue earnec for the month. You will make 100% of the surcharge revenue generated by your ATM
(automated teller machine). ATM Experts will mail out monthly residual checks along with your detailed statement summary on the 20th of each
month.
HOW DO I LOAD MY ATM?
Once your ATM is installed - you will be trained on the procedure of loading cash into your new ATM machine. Your money will be re-deposited
back into the bank account of your choice on a daily basis as customers withdraw cash from your ATM. During the regular work week, your cash
will be re-deposited back into your account within 24-48 hours from the time it was withdrawn from the ATM. All weekend transactions which
include Friday, Saturday and Sunday, will be deposited the following Tuesday.
HOW MUCH REVENUE CAN I EXPECT TO GENERATE FROM AN ATM PLACEMENT?
That generally depends on the amount of foot traffic a your location has on a daily basis. The rule of thumb goes - like this. 3% - 5% of the foot traffic
that actually sees the ATM machine will use the ATM. So let's figure that you have a total of 300 people a day coming through your doors, and let's
say that you are charging a $2.25 surcharge per valid withdrawal. If you take the middle road that 4% of the people that see the ATM machine will
use it. Then you can count on your new automated teller machine to generate you a minimum of 360 transactions per month at $2.25 per valid
withdrawal. That comes out to $810 per month or a total of $9,720 per year. All that from one ATM machine at one location.
Interested? contact a consultant below and in the comments let us know you want to learn about ATM processing.