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When you purchase or lease a new ATM machine from
ATMdepot.com, the ATM will be dropped shipped directly
from the manufacturer (no middle man there either)
to the address listed on your application.
If you want to purchase a certified refurbished
ATM from us, your ATM will be shipped from our
ATM processing partner preprogramed and ready to
use. All you need to do is bolt it to the floor,
plug in phone and power and start letting customers
use it.
As far as the physical installation of the ATM,
you can install it, or we can arrange for the ATM
to be professionally installed for you by a certified
ATM technician.
An ATM is basically a UL rated steel safe
that dispenses money. The weight of an ATM machine
is typically 150 - 250 pounds (depending on the
model).
Most ATM's include a rating from Underwriters
Laboratory as "UL
291". This is a Business Hour
Vault rating and is different than a UL rating
for a gun safe or heavy duty safe. It's all based on
break in time.
Your ATM should
be bolted to the floor and leveled. Concrete floors
are best for security. If it's a think concrete
floor and you can get underneath (down stairs ceailing)
consider through bolting.
There are 4 predrilled
holes hidden in the base of the ATM machine that
are used for mounting. Installers typically bolt the
ATM down with special concrete anchors.
An ATM is then plugged into a standard 110V /
AC outlet and connected to a dedicated standard
phone line. If you try to connect the ATM
to a fax line, a shared line or a PBX phone system
you're asking for transaction issues (delays, non-dispensing,
reversals, chargebacks, incomplete transactions,
non-disense issues). Save yourself the headache
of problems and just install a separate phone line
it's cheap for how much it will help do more transactions.
If you need training on how to operate you ATM,
we will also arrange that during the installation
if you want us to take care of that for you (no
addtional charge).
An ATM is easier to operate than
a cash register and easier to load than a napkin
holder. And if you ever need help, we're just a
phone call or email away.
Once your ATM is installed or if you have one already
we walk you thru the new programming and you are
ready to fill the machine with $20s.
A typical
ATM cassette holds 700 - 1500 notes, although you'll
never need to use that many. If you ever do, that
would be a good problem to have. Think about it,
1000 - $20 dollar bills is $20,000.
The average
retailer puts in 30 - 40 twenties per day. That's
$600 - $800. Since the average ATM does 8 - 10
transactions and the average withdrawal is $60
that's about $480 - $600 per day. Simply remove
your currency each evening if you're the owner
/ operator. Otherwise if you're an ATM Business
Owner load the machine weekly and check our free
online monitoring system to ensure you don't have
too much or too little cash.
If you want higher transaction counts, you can
fill your ATM with $10 dollar bills instead, but
they are a little harder to get from your cash
register or the bank (you need to request at least
48 hours in advance). They also don't dispense
as well since they are not as new ($10's are used
more frequently and get worn faster). Twenty-dollar
bills are typically newer and easier to find at
banks.
If you want to dispense more than one denomination,
you can, but it requires a machine that uses multiple
cassettes. A single cassette is standard and on
most machines and a second can be purchased as
an option. Some higher end ATM machines come standard
with two cassettes.
In most cases, you (the owner) set the surcharge
amount (convenience fee) for using the machine.
The surcharge is usually $1.50 - $2.00 for a convenience
store, fast food restaurant or other standard retailer.
Some nightclubs and bars will set the fee at $2.50
or more. Fees at adult bars, casinos and other
specialty shops can reach $5 or more.
Just remember
that if you set the convenience fee too high, no
one will use your ATM! There is a point where the
cost of convenience is just too much. Our experience
shows that if you charge $1.75 - $2.25 your machine
will make money.
To keep the ATM running all you need is the phone
line, power, a few dozen $20s and receipt paper.
Just put money in every morning and take it out
every night like a cash register. It only takes
a minute or two.
Press a few keys to balance
out and run your totals. You can also use our online
monitoring system to check your balance and
reports. All the money that was withdrawn from
your ATM machine is deposited into your business
checking account as
described here. Your monthly income from
the surcharge is deposited at the end of each
month.
Still have questions, please give
us a call or contact us.
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