There are many businesses that would benefit greatly by having an ATM in a prime location on their premises. However, owning an ATM comes with a set of responsibilities that many companies would prefer not to take on — which is why some owners opt against it. But what if this barrier were removed? What if you could enjoy the business benefits of an ATM without buying one?
The truth is, you can — with an ATM placement and management plan.
How third-party ATM management works
By agreeing to ATM placement with a company like AtmMachines.com, LLC, you get many of the perks of ATM ownership without any upfront costs and no responsibility. Here’s how it works:
- You provide the space — preferably a spot in your establishment with high traffic and visibility
- We install and maintain the machine at no cost to you
- Your customers use the ATM, and frequently use the money to buy from you
- You receive a portion of the service fees for every transaction
- You receive a higher portion of the service fees if you stock the ATM with cash
Under this kind of system, you have no responsibility and no cost associated with the ATM itself; you simply reap the benefits of having one in your place of business while someone else handles the maintenance. You won’t earn as much revenue in the long run as you would by owning the machine, but you do receive revenue with no investment by sharing the profits with the ATM management company. It’s a win-win all around.
What kind of businesses benefit from ATM management versus ownership?
Nearly any brick-and-mortar business can receive some benefit from an on-premises ATM, but businesses with frequent cash transactions seem to reap the most benefit, including bars, restaurants, clubs, gas stations, etc. In particular, the best candidates for an ATM management program versus owning an ATM might be:
- Businesses without the cash flow to keep the machine stocked
- Businesses who don’t have the time or manpower to maintain the machine
- Businesses who want a pain-free way to make it easier for customers to buy
- Business who want the benefits of an ATM without the responsibility.
AtmMachines.com, LLC offers an outstanding ATM placement program that makes it easy to enjoy the business benefits of an ATM without buying one. To learn more about your options, call us today at 1-866-295-2329.