It mainly depends on where the ATM is located and if it is needed. Is 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.
We’ll try to boil this down and make it simple.
At the very least, if you don’t already own an ATM, you could purchase one from us
and it should at least pay for itself (break even). Don't forget about the cost of
a standard phone line each month (it calls a toll free or Local number so it's just
your line charge).
If you don’t have an ATM and are considering buying one, you need to think it will
do at least 2 – 3 transactions each day. If you’re open 10 hours a day that’s one
person using the ATM every 3 hours.
If you already have an ATM you can switch to our processing services (you need to
check your current ATM agreement for termination clause) and reap the benefits of
our higher revenue sharing without any costs to you.
If you don’t have an ATM, you can review our equipment
options here. Let’s say for example you buy one of our basic Triton ATMs for $2997.00
(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 ATMs for under $2,000 for low traffic locations. You will probably invest
between $2,250 - $3,500 the ATM machine. You will also have a service charge for the
monthly phone line. Usually, $18 - $30 (depending on what your phone company charges).
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ATMdepot.com
Surcharge Income - Example
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Surcharge Amount - $1.50
Your income per use - $1.65
3 uses per day - $4.95
30 days - $148.50
24 months $3,564 |
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Surcharge Amount - $1.75
Your income per use - $1.90
10 uses per day - $19.00
30 days - $570
24 months $13,680 |
Even if your ATM only did three transactions a day and you charged $1.50 to use it,
it would take 12 - 24 months to pay for itself depending on the model of ATM your
purchased. Once the ATM is paid off, your only cost is the phone line, the rest is
pure profit. If you have good traffic or install an outside ATM, you could easily
reach 20 – 25 transactions per day. Then the machine would pay for itself in just
a few months. Try our ATM profit calculator and see your income projections.
According to a March2004 study as listed in an Associated Press News story, more than
85% of people ages 18 and older have an ATM card. If you don’t already have an ATM,
you should put a machine in your business today. More people than ever are carrying
debit cards. Everyone needs cash and most need it daily. There’s more money in ATMs
than you think.
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