Are you looking for ways to supplement the bottom line for your business without having to make a huge investment? If you have a high-traffic location then you should consider putting a cash ATM on-site.
Why own an ATM Machine? Because 70% of Americans now use a debit card, a credit card or a check card. People don’t carry cash around with them like they used to, thanks to the convenience and other benefits of credit and debit cards. They rely on these fast, efficient payment methods for every day purchases, large or small, no matter where they are including at gas stations, convenience stores, movie theatres, restaurants and malls. But when they do need cash, they appreciate the convenience of an ATM to get access to their money at any time, no matter where they are.
Extra Profit with No Hassle
Offering your customer the convenience and reliability of an ATM machine provides you with a low-cost opportunity to increase your bottom line and profit margin. If consumers have more cash, they spend more, and they are likely to spend it right away, in the store where the ATM is. And, with our ATM program, you get to keep 100% of the surcharges on the ATM Transactions.
Overview of an ATM Transaction
- The customer inserts their bankcard in the ATM and requests a withdrawal.
- The ATM dials a toll-free number to contact the appropriate network which then contacts the customer’s financial institution.
- The customer’s funds are verified by his financial institution.
- If funds are verified, the transaction is approved and the customer receives cash from the ATM.
- The withdrawal amount and the surcharge are debited from the customer’s account.
- The transaction is processed through the Federal Reserve’s automated clearing house.
- Both the surcharge and the withdrawal amount are electronically deposited in the ATM owner’s account.
Projected Revenue from an In-Store ATM Machine
The amount of revenue that you can expect to make from your ATM depends on the amount of foot traffic at your location on a daily basis. Typically, 3%-5% of the foot traffic that actually sees your ATM machine will use it. As an example, say you have 200 people a day coming through your doors, or 6,000 a month, and you charge a $2.50 surcharge per valid withdrawal. If you estimate that 4% of those people will use your ATM, you could estimate that your ATM machine will generate a minimum of 240 transactions per month. That would bring in revenue of $600 per month or $7,200 per year. That is just from one ATM at one location!
Are You Overpaying for Your ATM Machine?
If you do have an ATM, then do you know what your transaction fees are? Are they as low as possible? We would be more than happy to take a look at your statements and let you know if we can save you money, and increase the profit from your ATM business. Our experienced, trustworthy staff can:
- Review your existing statements
- Ensure that the equipment you use to process transactions is up-to-date
The MPS Difference for ATM Machines
If we can help you generate extra revenue with an ATM machine, we’ll let you know. If we think that it wouldn’t be worth your time, we’ll tell you. This is the MPS Difference.
We’re honest, up-front and have your best interests in mind, not ours. You can trust us to help you make the right decisions, the cost-effective decisions, the common sense decisions that will help improve your bottom line. This is how our service goes beyond the sale, and we keep you a customer for life!
We are committed to providing excellent customer service, and 24/7 customer service and technical support to our ATM machine customers. We try to stand out from our competitors because of the complete package of ATM products and services that we offer. We try to break the mold in the ATM industry with our integrity, honesty and commitment to our customers and the following benefits:
Benefits of Our ATM Machine Plan
- Complete ATM processing
- Guaranteed up-time
- Internet access to transaction activity
- Online monthly statements and service reports
- Signage for maximum exposure
- 24/7 customer service and technical support
- State-of-the-art cash machines available
- You keep 100% of surcharges
- Increase customer loyalty
- Special financing available
- Encourage spending
- Increase store traffic
- Generate extra revenue
Whether you have a retail store, auto repair shop, hotel, or a limousine service, your customers can benefit from having an ATM in your store. And if you do have ATM machines, we can help make sure that you are paying the lowest fees possible and have the best equipment available.
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