Another point that might factor in to your decision is your businesss reliance on cash. If your customers often find themselves short of cash, however, and need a quick and convenient way to refill their wallets, the benefits of installing an ATM could be incalculable. If your retail locations do not accept alternate payment methods such as checks, credit, and debit cards, an ATM could be an especially valuable way to increase revenue.
On-site ATM machines arent for everybody, and if there are one or more other ATM machines within close proximity to your store, installing another one probably wont do your business much good. drink heat shrink wrap label To justify your multi-thousand dollar investment in an on-site ATM, you will need to place the machine in a prime location where it will be seen by hundreds of people on a daily basis.If you do accept alternate payment methods, you should remember the fact that installing an ATM will likely reduce usage of your credit card processing systems, potentially cutting down on processing costs and ultimately saving you money.
Finance Articles | September 17, 2006 So youre wondering whether or not its worth buying an on-site ATM machine for your retail store or other business? The best way to find an answer to this all important question is to measure foot traffic in your vicinity, and determine the number of customers that will see and use the machine on an average day.
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