It mainly depends on where the ATM is located
and if it is needed. The main thing to remember
about the ATM Business is that it's just like
real estate. Location, Location, Location. Are
you a retail merchant or an ATM Owner or want
to operate an ATM Business (or all three)?
ATM's can be installed
anywhere in the USA. A retail merchant location
(retaurant, liquor store, convenience store,
fast food, casual dining, bar, nite club, train
station, football or baseball stadiums, concert
venues, adult themed locations, Hotels, Hospitals,
Condo complexes, Apartment Complex, High Rise
Apartment Buildings, you name it.
The location is all about
foot traffic and if there a reason to spend
money nearby. Sometimes just having a lot people
nearby does not guarantee an ATM will be used
often, but it is certainly better than no traffic
at all. Some of the best locations are where
there is a high need for cash and no credit cards
are accepted.
We’ll try to boil this down and make it simple.
At the very least, if you're a retail merchant,
you don’t already own an ATM, you could purchase
the hardware from anyone (even from us) and once
you set up the ATM processing it should at
least pay for itself in a few months.
You'll
also need a dedicated standard phone line (but
since it calls a toll free or local number you'll
just have the cost of the line, no tolls). With
the advent of VoIP and certain devices if you
have a computer close to the ATM you could use
a Magic Jack or other device as long as the
ATM can hear a dial tone or predial to get a
tone (like dialing a 9, although
not as reliable, it would still work).
If you don’t have an ATM or are considering
getting into the ATM business for some extra
cash, you just need to be sure that a minimum
of at least 3 - 4 people per day would use the
ATM every day (if available 7 days per week).
Obviously if you’re a retailer
and are open 10 hours a day that’s just one person
using the ATM every few hours. If you're considering a through the
wall machine that faces outside it will be avialable
24 hours a day but those machines need much more
usage to make sense.
If you already have an ATM or are already in
the ATM business and are looking to switch
your ATM processing services (you need to check
your current ATM agreement for termination clause)
you could take advantage of our higher revenue
sharing without any costs to you.
If you don’t
have an ATM, you can review our ATM
Machine
equipment
options or call us for advice.
Let’s say for example
you purchase a basic Triton ATM for $2397.00
(includes shipping). You can install it yourself,
but we recommend you let us arrange to have a
professional install it and train your staff.
The ATM needs to be on
its own phone line: a basic service line (only
calls a local or toll free number). We also have
a Tranax ATM for under $2,000. You
will probably invest between $2,250 - $3,500
in an ATM machine by the time you're done with
installing the phone line and ATM.