ATM SOLUTIONS Why is having an ATM good for your business?ATM’s not only earn income for your business but also drive additional customers into your store. An ATM earns you income from each transaction processed and helps increase your sales by providing cash to customers who will likely spend a portion of it at your location. Here’s How it Works- A merchant places an ATM in their store and charges a fee for customers to use it. The fee usually ranges from $1.50-$3.00 depending on the location. A typical convenience store averages 400 cash ATM withdrawals every month. At $2.50 per withdrawal, the merchant would earn $1000 profit after 400 withdrawals! Transaction profits, however, are only part of the reason why a merchant should place an ATM in their business. At 400 withdrawals a month that means about 13 people a day are withdrawing an average of $40.00- $50.00 from the ATM. These same people will spend approximately 10-12% of that money in your store. (Figures are based on studies done by 7-Eleven and Convenience Store Decisions Magazine). By advertising in your window or above you entrance with a bright neon sign outside your store, most merchants discover they are also making money off of people that are not necessarily customers. By pulling additional non-customers into your store to get cash and then converting some of these people into customers helps you grow your business and increase sales! Don’t want to purchase an ATM yourself? Call Source One today and ask about our ATM placement option where we place the machine in your business and you still share in the revenue.  Do you currently have an ATM terminal? Source One Payment Solutions can even process ATM transactions from an ATM you already own and best yet, we provide real-time monitoring of your ATM from any computer. This include emails and instant alerts when your machine is running low on cash.
Source One offers lobby machines and though-the-wall options that can make money for you even when your store is closed. There are even mobile ATMs that work off a cell phone and are perfect for outdoor events.
Commonly Asked Questions
Who is responsible for cash placement? The merchant is. The actual amount you need to begin with is approximately $2,000. As the machine processes transactions the money will be returned to your bank account electronically in about two business days. How much room does the ATM take up? The actual footprint of the terminal is just a couple of square feet. The typical terminal is 18 inches wide and 26 inches deep.
What if there is an ATM machine nearby? All the more reason to have an ATM in your location. Customers in need of cash are going to your neighbors and more than likely spending money with the competition. How do I track my ATM activity? As an ATM owner you will have access to online reports and even receive notices when your machine is running low on cash.  Click here for additional information
on the Nautilus Hyosung 1500 (pdf)
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earning income 24/hr’s a day with a
thru-the-wall ATM machine. (pdf)
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