ATM Businesses: How Much Work Is Required?

Because ATMs generate passive income, running an ATM business doesn’t require much work compared to other professions out there. However, there are three instances that you can expect to need to put in a little extra effort:

1. The initial investment of time and money to start an ATM business.

While ATM businesses tend to be pretty low-key and light on fuss once you get them going, there is usually a fair amount of work to do to get it off the ground first. This includes:

  • Hours of research and coursework
  • Buying ATM(s) to fill your route
  • Getting ATM insurance
  • Building partnerships with businesses
  • Placement of ATM(s) in strategic locations
  • Arranging vault cash deposits
  • Implementing security measures

Luckily, these investments tend to be a one-time kind of thing, and once you’ve taken care of them, you will transition to the next phase of ATM work.

2. Regular maintenance, monitoring, and servicing of your ATM(s).

Now that your ATM business is off the ground, you can kick back and rest easy, right? Not quite. Sure, an ATM business provides you with passive income, but it’s not a completely hands-off line of work.

ATMs on your route must be refilled with cash regularly. Of course, you have to monitor your ATM’s cash supply to know if an ATM’s cash supply is low in the first place. ATMs may also require maintenance and repairs from time to time, and receipt paper is another vital component of your ATM that needs periodic refills.

Depending on the number of ATMs you have in your ATM business route, this can add up to several hours a week worth of travel and service time for each ATM. That’s why it’s important to place your ATMs in locations that aren’t totally out of the way from each other.

3. Addition of new machines into your existing route.

Another instance in which more work than usual is required for your ATM business is when you decide to add new machines to your existing route. More ATMs can mean more income for you, but it also means another upfront monetary investment (a new ATM) and increased investment in the time you spend monitoring and servicing your ATMs. If your ATM business grows large enough, you might even need to consider hiring and training new staff members to assist you with monitoring and servicing your ATM route.

Let us streamline your ATM management

Looking to simplify the time and labor you put into your ATM business? AtmMachines.com, LLC has your back. When you partner with our expert team, you enjoy all the perks of owning an ATM business without the technical work. We offer the following ATM services and products:

  • ATM machine processing
  • ATM placement services
  • Online trend reports
  • ATM cash supply monitoring
  • Daily vault cash deposits
  • Receipt paper refills
  • Monthly statements
  • ATM repair

Have more questions about the amount of work required to run an ATM business? Give AtmMachines.com, LLC a call at 1-866-295-2329.

The Most Secure ATM Models

When you’re trying to start an ATM business, proper security is naturally one of your most important concerns. Not only do you want to protect your machines and the cash inside them, but your customers’ sensitive banking information must also be protected from skimmers and identity thieves.

There are some common-sense things you can do to keep your machines safe, such as placing them in visible, well-lit areas or under the watchful eye of security cameras. But some ATM machines also come equipped with enhanced security features for even greater peace of mind, both for you and your customers. Let’s take a look at a few of the most secure ATM models.

Nautilus Hyosung Halo II

Known for its affordability and ease of use, the Halo II is also recommended for having a great array of security features for its price point. Aside from having an attractive design and user-friendly interface, this machine includes such security enhancements as:

  • Robust UL 291 business-hours safe with break-in protection
  • Reinforced metal frame
  • Front metal plate for added protection
  • EMV card reader with anti-skimming protection
  • PCI 3.0-compliant keyboard
  • TLS transmission encryption for secure transmission of data

Genmega Onyx

A great standalone machine for public locations like retail, gas stations and hotels, the Genmega Onyx is built for security and durability with a strong frame and enhanced features, all with a sleek, state-of-the-art design and visible signage. The Onyx is equipped with the following security features:

  • Security reflective screen, designed to keep sensitive information private from onlookers
  • Touch keypad
  • UL 291 business-hours safe
  • Dial or electronic lock
  • DIP card reader with optional EMV capability

Triton Traverse

Triton ATMs in general are known for their standard array of security features, which include malware-resistant software, firewall protection and SSL transmission. The Triton Traverse is specifically designed for high-traffic retail environments, combining durability and user-friendliness in a sleek, space-saving design. Security features in the Traverse include:

  • UL 291 business-hours safe
  • Dip and/or EMV card reader
  • TCP/IP with SSL encryption
  • Optional enhanced electronic locking
  • Optional Triton Key Management—a secure master key access system
  • PCI 3.1 compliance

Triton Argo

Hailed as the “ATM of the future,” the Argo is Triton’s top line product, offering not only the best in design in user experience, but also enhanced security features at every level. In addition to the standard Triton security enhancements, Argo machines offer the following:

  • UL 291 business-hours safe
  • Dip and/or EMV card reader (motorized EMV option)
  • TCP/IP with SSL encryption
  • Optional enhanced electronic locking capability
  • Optional Triton Key Management—a secure master key access system
  • Optional camera
  • High security panel lock

These are just a few of the ATM machines available with enhanced security features to help ATM business owners protect both their machines and their users’ sensitive information. AtmMachines.com, LLC is pleased to offer these and other secure ATM models to our customers. To learn more about ATM machines with security enhancements for your business, call us at 1-866-295-2329.

Earning Passive Income With an ATM Business

Most brick-and-mortar business owners realize that having an ATM can help them generate more cash customers. But have you stopped to consider that an ATM machine itself can be an excellent source of revenue? More and more entrepreneurs are discovering the possibilities of earning a steady source of passive income by building their own ATM business.

How ATMs Generate Passive Income

The idea behind passive income is that you receive maximum returns for little or no input—as opposed to active income where you must consistently work your business to get it to turn consistent profits. Here’s why ATM machines can generate great profits as a passive source of income:

  • Turnkey operation. Once the ATM machine is installed and set up, it operates on its own with no further input or monitoring required.
  • Low maintenance. Occasional restocking and periodic maintenance are generally all that’s required to keep the machine running.
  • Virtually no overhead. Beyond the initial purchase of the machines (if you own them outright) and occasional servicing, ATM machines operate with minimal cost. If you place them in other places of business, those businesses are even providing the electricity. And since you contract with those businesses to share the service fee, you never feel the out-of-pocket expense.
  • Profits go up — expenses don’t. The longer your ATMs run, the more money you make. Meanwhile, your operating expenses never increase, so your profit margin grows exponentially with time.
  • 24-7 revenue. Since customers can use the ATM 24 hours a day, 7 days a week, you can literally be making money while you sleep — the ultimate in “passive income.)

Tips for Maximizing Revenue with an ATM Business

Whether you invest in one ATM machine or dozens, the following common-sense tips will help you make the most of your investment:

  • Place ATMs in high traffic locations. Target locations and businesses where customers spend a lot of cash. Make sure signage is clearly visible.
  • Invest in secure, tamper-proof ATM models. Since each of your machines operates as a miniature bank, your primary safety concern is to guard against theft. Be willing to spend a few extra dollars on secure machines with tamper-proof features.
  • Place machines in secure locations. If you place machines outside, make sure they are placed in well-lit areas, preferably with security monitoring. When you place ATMs in places of business, ask about building security and camera monitoring, and make sure you are comfortable with the location before leaving it.
  • Negotiate fair fee sharing. If you place a machine in a high-profile business with lots of foot traffic, incentivizing the merchant with a generous fee sharing offer will help ensure that merchant encourages more customers to use the machine — resulting in greater profits for both of you.

Interested in starting your own ATM business? AtmMachines.com, LLC can help! To learn more about opportunities to earn passive income with an ATM business, call us today at 1-866-295-2329.

Can You Make a Profit With an ATM?

One of the most common questions asked by business owners and entrepreneurs about ATM machines is whether they are profitable. Even if having an ATM at your place of business will help generate more cash sales, can you make a profit with the ATM itself?

Whether you’re trying to start an ATM business with multiple placements or installing a single ATM in your current business, the answer is yes — you can definitely make a profit with an ATM. How much profit you make depends on a number of factors, including whether you own the machine, where you place it, etc. Let’s discuss a few ways in which you can earn meaningful revenue through ATM machines.

How ATMs Produce Revenue

Every time a customer uses an ATM machine, they are charged a service charge (usually between $2-$3) in addition to the money they withdraw from the machine. (This fee is in addition to any fees their bank may charge.) If you own the ATM machine outright, you get to set the service fee, and you get to keep all of it. If someone else owns the machine and you’re just providing the space for it, you get a commission or percentage of the fee. The amount of actual profit will depend on how much (if anything) you invested in the ATM, how many machines you operate and how much foot traffic each unit receives.

ATM Placement Program

The quickest and easiest way to start making money from an ATM is through our ATM placement program. Under this program, National ATM takes responsibility for placing, stocking and maintaining the machine, while you simply provide the space for the ATM. The ATM placement program allows you to generate profits almost immediately because there is no out-of-pocket cost to you except the electricity required to run the machine. The tradeoff, of course, is that your revenue per transaction is substantially less than if you owned the machine outright.

Buying One or More ATM Machines

The other alternative for making money from an ATM is to buy the machine yourself. You make the initial investment of between $2000-$2500 per machine, and you become responsible for placement, stocking and maintenance. The benefit is that you get to keep the entire service fee; the downside is that you must cover the expenses for maintenance. However, by placing your machine in a prominent high-traffic area, it generally doesn’t take long for the machine to pay for itself and to become profitable.

Operating an ATM Business

If you’re an entrepreneurial type who sees the potential for ongoing passive income, you might consider setting up your own ATM business, placing your machines in various locations, setting up a fleet of mobile ATMs for special events, etc. The challenge is that you will either have to rent the space to place each machine or arrange to share revenue with the companies using your machines. However, with careful planning and a good business strategy, operating multiple machines can turn into a very lucrative business. To learn more about ways you can make a profit with one or more ATM machines, give AtmMachines.com, LLC a call at 1-866-295-2329.