Automated Teller Machines (ATM) are ubiquitous correct? Incorrect. When you need one, you often can't find one. Worst of all, if a customer wants one you have to send them away, right? Still wrong. ATMs aren't in all places but one can be installed at your business location. Among all the advantages of having an ATM at your business, the finest is that you'll never have to send a customer down the street, around the bend or worst of all, to a competitor ever again. Why risk that you'll lose a customer when you can in fact give that customer a convenient way to get cash that will pay you a commission in the process?
You don't take credit cards? Get an ATM installed. What could be better? You receive full price for your product, your customer has access to cash and you make money on that patron twice instead of paying a credit card processing fee or losing the customer completely.
Short on space? Wrong again. ATMs are smaller than ever and can practically fit into the palm of your hand. Okay, that's an overstatement, but stand alone floor models take up very little space and table top models allow you to put an ATM almost anywhere. If you have the space you can opt for a traditional through the wall model. All machines are safe and secure and include a level of sophistication to your business that you didn't realize you were missing.
Some brand names to bear in mind are Hyosung, Tranax, Tidel, Triton, and WRG, but the critical choice is not for the brand, but the installer.
Strategy: first, if you have a relationship with a credit card processor currently, give your sales person a call and find out if they can arrange the installation for you. If they say yes, tell them that you want to get a quote for purposes of comparison. Ready with that quote you can shop all-around. If you don't take credit cards now, start with your bank or talk to other ATM site owners and call other processing companies. Investigate the card acceptance networks. Find out who charges what for a transaction and make sure you inquire what your costs will be. Is there a service contract? Will you have to pay an armored car company to fill up the machine? What about when the machine breaks down or runs out of cash? Who will own the machine? Is there a leasing cost? Are there any fees for which you will be responsible? What happens if the machine breaks down and gives away money or doesn't give out the money? Is there an insurance policy that you or someone else has to pay for?
Remember, don't sign any agreements unless you understand all of the fine print. Hire an attorney, if necessary to negotiate the deal for you or at the very least to read the legalese in the agreement. Whatever you determine, remember that you are building a new revenue stream that will enhance your bottom line and among all of the advantages of having an ATM at your business, your customer's satisfaction is paramount.
Make Money Like the Banks - Own an ATM ATMone is one of the fastest growing suppliers of ATM solutions in the United States. They have joinedwith Hyosung, Triton and Tranax, the leading designers and manufacturers of ATM solutions, to provide next generation ATM solutions that offer quality, reliability, and security. SEO 2.0 Services
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