Buy An Atm

The presence of an Automated Teller Machine (ATM) in a business can be extremely beneficial in retail businesses that require or prefer that their customers pay with cash. Unlike vending machines or toy machines where a proprietor benefits solely from the rental of the space or from the direct profits of the machine, ATM's provide a host of other benefits to the proprietor. Increased Sales. Studies show that an ATM can increase a business' sales as much as 8%.
Cash Retention. 25% of the cash withdrawn from an ATM is spent on the premises. Cash does not bounce. When a customer uses cash from an ATM it cuts down the charge backs, disputes, returned checks, and the stress associated with these incidents.
Reduced Costs. By directing your customer to the ATM, you can greatly reduce the credit card fees you are currently paying. Credit card transactions cost between 2% and 3% of a purchase. Instead of paying Visa and MasterCard, make money instead when a customer withdraws cash.
Save Time. An ATM can save customer embarrassment and your employees' time. An ATM also deposits funds directly into your bank account, which saves time and work.
Improved Image. One reason people patronize your store is value. An ATM only adds to the overall value to your store.
Increase Customers. Customers will instead stop at your place of business because you can accommodate their cash needs.
With surcharge fees, you can earn more then enough to cover the cost of the ATM. ATM customers spend an average of 20% to 25% more than non-ATM customers
40% of ATM users go to the ATM machine an average of 10 times per month
Placement of an ATM machine is the second most requested service for retail stores
ATM users are "habit"-driven, using the same ATM repeatedly
ATM customers prefer the convenience of a retail store to a bank
Buying
The most profitable choice for the business owner, this entails owning the equipment by purchasing the ATM outright and owning the equipment. Cash replenishment is the proprietor's responsibility. Most ATM vendors require that you sign a processing agreement. Leasing
This carries all the same responsibilities and profit benefits as buying an ATM. For the business owner that wants no involvement with the ATM, ATM vendors will sometimes offer to place an ATM in a business for free and operate it entirely. Often independent operators are subcontractors who are part-time investors with a network of ATM's.
Buying an ATM machine for your store or business is an inexpensive and hassle-free way to produce major profits and increase foot traffic. Customers who withdraw cash from stores with ATMs have been proven to spend significantly more than other patrons. Although it might seem that these machines are everywhere, a strategically placed machine will still draw customers. Buying an outdoor ATM can even bring in the money 24 hours a day. If neighboring stores have cash only policies or limits on credit card use, that means you'll be benefitting from their customers dropping by your store as well.
If you're concerned that people will come to your store purely to use the machine, remember that they are more apt to spend cash in hand than use a credit card, especially for smaller purchases. Even if a customer chooses only to use the Any Time Machine in your store rather than purchasing any goods then that cash might persuade them to buy an item they normally wouldn't want to put on credit. Some businesses offer cash-only items like lottery tickets to further push people towards the ATM. Although ATMs can lure in customers, surcharges will account for a large percentage of the profits. By buying an ATM, you can increase your profits with little effort, attract more customers, keep regulars coming back, and even cut down on the time you spend bookkeeping.
Think of an ATM as free advertising. It will increase footfalls and increase new business for your store. Cash machines are also available in different sizes, so they can fit into any store's layout and size. You could even get a machine that prints out coupons for products available in your store and entices customers to put the cash they just withdrew back into your business. There's no reason not to invest in a cash machine for your store Savvy business owners know that buying a cash machine for their store is a great way to boost sales and profits.