Buying an ATM for your business can be a great way to add an extra source of income. Having an ATM in your business can be a good way to attract new customers, build loyalty with your existing customers, and make an investment that will pay off financially in the long run. Of course, buying an ATM isn’t exactly a common activity, and so it’s tough to know where to get one and what to look for. Here are a few things to keep in mind.
Stick To Reputable Companies
There are several places to buy an ATM, but usually it’s better to buy from a reputable ATM provider, even if you end up paying a little more. These companies can provide you with all of the information you’ll need before you purchase an ATM to help ensure you get the one that best fits your needs. There may be ways to buy from a third-party vendor on eBay or Craigslist, or perhaps buy an old ATM from another business that wants to sell theirs. However, if you’re a first-time buyer, go through a company that specializes in ATMs.
Newer Is Better
Believe it or not, there are always new advancements being made with ATM technology, and so you want to keep up with the times and buy one of the newest machines to come out. On top of that, you don’t want to settle for a used ATM from Craigslist or a company that wants to get rid of their old machine. Older machines are more likely to have problems that require repairs, ultimately costing you more than if you were to just buy a new one.
Not all ATMs are the same, and so you have to be aware of the differences so you can choose the one that best fits your business. There are online ATMs that are always connected to a bank’s database, as opposed to offline ATMs that are not connected, which means they have a withdrawal limit. There are also various labels for ATMs that distinguish them others by color, including white, green, orange, brown, pink, and yellow, so you’ll need to learn the difference between each one before making a purchase.
Software and Security
Software and security are both important things to consider when buying an ATM. Some only have software for basic transactions, while others may be capable of performing more functions if they have more complex software installed. You also have to think seriously about what security features you’ll need. Companies that sell ATMs can go through all of the possible security features available, with security cameras around the machine being one of the most common options.
Where To Go
For help choosing the right ATM, consider National ATM Wholesale. Boasting two decades of experience, we have a wide variety of machines to choose from and the expertise to help you pick out the right ATM. Call us at 1-866-295-2329 today for a free consultation.