ATM Placement Program
Free ATM Placement
is best suited for high traffic locations (500 or
more visitors a day). These locations require an ATM machine(s)
that can dispense large amounts of cash and remain full of cash
at all times. These locations typically are placed on armored
car services to handle cash vault services and first line maintenance
issues. Free ATM placement services are what
we specialize in at ATM Experts.
- No Cost - No Liability
- Real-Time Online Statistics
- Brand New ATM Machine(s)
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- Complete Turn Key Solution
- Fast ATM Deployment & Setup
- No Headaches, We Handle Everything
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| Step 1 - Use the form below to get
started... |
See If You Qualify (Online Form)
This form will help us understand a little bit about your business
| Step 2 - What to expect next... |
Once you've submitted the form above, you will be contacted shortly by one of our ATM placement experts. You will be asked to fill out and fax the following forms to 1-800-306-2384.
ATM
Services Site Lease Agreement
This agreement will outline the parameters of the agreement. Revenue split, etc.
ACH Authorization (direct
deposit – surcharge revenue)
This form will allow us to directly deposit surcharge revenue to the bank account of your choice. (last page of processing agreement)
Once your info is received and reviewed, you will be contacted by one of our ATM machine experts. They will schedule with you the placement of your new free
ATM machine placement. Total setup time is usually within 3- 5 business days from the day you contact us.
If you need one or more ATM machines sooner, please e-mail us directly at ASAP@ATMExperts.com.
ATM Processing & ATM Sales
Buyers Guide and Purchasing Advice |
ATM Services Buyers Guide
- ATM Services - Can your business profit
from owning an ATM machine? If
you’re reading this article, then the answer is probably yes, but before
we get ahead of ourselves. You need to ask yourself a few questions regarding
the actual ATM location you plan on placing your new
ATM machine.
1. Do you have customers asking for the location of the nearest ATM?
2. Do you have at least 200 people a day visiting your location?
If you answered yes to both of these ATM related questions. Then I’m
about to show you why you need to buy
an ATM machine and how your going to
make a great profit with little or no effort.
The key to being successful in the ATM services
business is
to find ATM
placement locations that will make you money. ATM sales are based
on traffic count, so let’s
figure out how many people will use your new ATM machine on a daily basis.
The formula I am about to show you is the same formula that is used by every
ATM dealer and ATM distributor in the country
when placing ATM machines. Trust me when I tell you this formula is tried
and true.
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ATM service dealers and ATM
distributors look at
one thing when deciding whether or not to place an ATM machine at a particular
location. The rule of thumb goes like this. 3% - 5% of the foot traffic that
actually sees the ATM machine will use the ATM. So let’s figure that
you have a total of 300 people a day coming through your doors, and let’s
say that you are charging a $2.25 surcharge per valid withdrawal. If you
take the middle road that 4% of the people that see the ATM machine will
use it. Then you can count on your new
automated teller machine to generate
you a minimum of 360 transactions per month at $2.25 per valid withdrawal.
That comes out to $810 per month or a total of $9,720 per year. All that
from one ATM machine at one location.
The next question is how much will your new ATM
machine cost. This question
is a little harder to answer simply because there are so many ATM machines
to choose from. Such as Class 1 Armored ATM machines, Indoor ATM machines
like the WRG ATM, Triton 9100 ATM - Tranax
Mini Bank 1500 ATM, Triton 9700, Through-The-Wall
ATM machines, Cashless Scrip
ATM, etc. But
one thing I can tell you is that 75% of the ATM machines used in non-bank
locations are non-armored ATM machines. A good non-armored
ATM machine is
the Triton 9100 ATM machine. The Triton 9100 ATM can be purchased from either
an ATM services dealer or an ATM distributor servicing
your area. The price for the 9100 should range between $2,950 and $3,800
depending on what options you choose.
So there you have it, if you have customers that are currently asking you
for the closest ATM, or if you have a large amount of foot traffic coming
in or walking by your location on a daily basis. Then you will most definitly
profit from owning an ATM machine.
- Co Op ATM Services – Is this the right
solution for your ATM needs?
Co Op ATM services are a fairly new concept within the ATM
business. The
co op ATM option seems to be best suited for store or property owner that
wants to take advantages of owning their own ATM while minimizing their
risk by splitting the costs and liabilities with a top notch knowledgeable
ATM distributor or ATM dealer. By doing
a co op ATM with a reputable ATM distributor, you will most likely
avoid the many little mistakes most people make when learning how to
operate a profitable ATM machine on their own for the very first time.
Co op ATM deals are usually designed where the ATM
distributor (like ATM Experts.com) and the property
owner split all costs right down the middle on
everything from the ATM machine itself, to installation, receipt paper rolls,
ATM maintenance costs, etc. While in return, the store or property owner
is only responsible for paying half of all hard costs, and keeping the
ATM machine filled with their own cash at all times, and that’s it.
In return, all profits are split 50 – 50. That is why getting into
a co op ATM is a good idea for the property owner that wants to minimize
their risk, and have the opportunity to learn more about the ATM
business from a reputable ATM distributor.
- Free ATM Placement Programs - What are the benefits of a free ATM placement?
Free ATM placement services
have been around as long as the ATM business itself. Free ATM
placements services are designed for high traffic locations that
need a high volume, full
service ATM machine with
out any of the headaches of owning one.
In most cases, a high traffic location is offered a free turn key
ATM placement services at no charge. In return, the ATM distributor
will provide the location with a percentage of the ATM surcharge revenue
from each valid cash withdrawal from the ATM. The ATM distributor will be
responsible for everything revolving around the ATM machine. They will pay
for the ATM, ship the ATM, set up ATM processing and
install the ATM, load cash into the ATM and then maintain the ATM for the
life of the ATM placement. The location owner does absolutely nothing but
cash the checks when they arrive in the mail from the ATM distributor. (Or
direct deposit if you choose)
Free ATM placements are, in my mind, the best way to take advantage of the
ATM boom. No headaches, no investment, no worries. So the only thing you
should think about now is which ATM distributor you want to go with for your
new ATM
placement.
This is where ATM Machine Quotes comes in. Simply submit your info outlining
your current ATM needs. You will then be contacted by two or three of the
most reputable ATM distributors in the country with in 24 hours. Then you
can shop and compare the offers from both ATM distributors and ultimately choose
the best ATM machine distributor that fits your ATM needs.
- ATM
Machine Lease – Weighing
the benefits of an ATM Lease
Are you thinking about buying or leasing
an ATM machine to place in your business
or as an additional source of income? Before you make your decision, weigh
the pros and cons of both leasing and buying. You might find that leasing is
a better option for the particular needs of your business.
What kind of things do you need to consider? First of all, what kind of service
agreement will you have if you choose to buy
an ATM? Are you responsible for
all repairs? Is there any kind of warranty? Where is the closest service repair
person?
If you buy, you may be responsible for all future repairs. There is generally
a warranty period on at least part of the machine, but don’t take those
things for granted. Make sure you understand your agreement before you buy.
The same goes for leasing: make sure you understand the lease agreement before
you sign off on it. Generally speaking, you may receive more repair assistance
if you lease the equipment but read your contract closely. Are there charges
for late lease payments? What if the machine does not perform as you had hoped?
Is there a clause in the agreement that will allow you to opt out if necessary?
Look at the total price before you get infatuated with the low monthly price
of a lease agreement. Look at these examples. If you can buy an ATM machine
outright for $3500, don’t be taken in by a $150 a month
lease for 60 months. That would end up costing you an additional $5500 more
than it would have cost you if you would have bought the ATM outright. So,
while $150 a month certainly sounds nicer than $3500, the lease will cost
more in the long run. Not all ATM leases are the same, though, so you should
evaluate your options carefully.
Talk to your accountant to see which would be a better deduction for your business.
Do you need a monthly payment to claim as a business expense for your taxes
next year? How much of the monthly lease payment can you deduct? Can you deduct
more if you buy it outright? Your accountant can tell you if it is more beneficial
for you to buy or lease an ATM machine and will also be able to outline a few
more pros and cons related to ATMs as business expenses.
Take a little time to investigate your options before you choose to either
buy or lease an ATM machine. Making an educated decision now will mean you
will likely be more satisfied with your choice months down the road. Don’t
let a sales rep rush you into a decision. Remember, it’s his or her
job to sell. Insist on taking your time, asking questions, reading information
and talking with other customers about their experiences with the company
from which you are considering either leasing or buying.
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ATM Sales - Buying ATM Machines can be tricky. What should
you expect?
If you’ve ever considered buying an ATM machine, but think the ATM sales
business is probably too complicated, think again. While there’s going
to be a learning curve, this is a business that can be learned by anyone
who has a tendency toward entrepreneurship.
Start with the basics. Take a look at the major manufacturers of ATM machines
like Tranax ATM, Triton ATM, and Tidel
ATM, and those who advertise themselves
as ATM companies. You should expect from these companies the exact same service
you’d
expect from anyone offering a product – competitive prices, service
after the sale, technical assistance and the ability to upgrade.
Remember that ATM machines exist simply because of two things – the demand
for convenience and the technology to make that need a reality. That brings
you to one of the things you should demand from a company touting ATM sales.
Ask about the machine’s versatility. If the company comes out with a
new technology – the ability to wash clothes while the customer waits
for a completed transaction, for example – will the machine you’re
looking at be able to handle the uploads? That’s certainly an exaggeration
of the service you’d expect from an ATM machine, but a few years ago
ATM owners probably thought tickets sales were also an impossible service.
Today, ATM machines serve as ticket kiosks and more.
Take time to compare prices, but don’t necessarily look only at price.
Some companies offer lease purchase options, or even a “rental” opportunity.
Those may very well what you need to get you started in your business endeavor.
With almost any business enterprise, service after the sale is vital. If
your machine is down, people will remember it as an unreliable location.
Not only will you lose that day’s transactions and the accompanying profits, you’ll
also lose in the future because the customer who doesn’t successfully
complete a transaction is likely to find another ATM location for their next
try.
Some companies offer a network of technicians to help you keep your machine
maintained. This isn’t necessarily part of the ATM sales process, so
keep it in mind as you choose a company to purchase your ATM machines from.
Locations are another important issue to consider as you look into the potential
of getting an ATM machine or expanding your current network of machines.
Some companies offer to help you find locations, but others simply offer
up the product, leaving the location to you. If you’re opting to take over an
existing location, you should probably get a look at the previous owner’s
profit margin, if possible.
That location may be important for another reason. If it’s a “through
the wall” ATM machine, you’re probably going to have to have
a machine that fits that existing spot. Some ATM sales companies tout their
ability to retrofit machines so that you can use any existing space.
There are many things to consider as you look at purchasing an ATM. Remember
that there’s profit to be made, but don’t think that the money
is simply going to roll in without your input at all. From periodically checking
machines to maintenance, you have to be willing and able to invest some time
as well as the initial financial investment. But if you do your research,
and choose your ATM sales company carefully, you’ll find out why so
many people are opting to go into business with an ATM machine.
- ATM Distributors – Why ATM distributors must be there before
and after the sale
Why must ATM distributors be there for clients both before and after the
sale? The answer is simple.
Good customer service – before AND after the sale – brings about
repeat customers and referrals. And remember, the customer is a powerful
person. If the customer has one bad experience, you can believe he or she
will tell any and everyone who will listen about it. If you are trying to
build a good business; bad experiences will kill it faster than anything
else ever could.
Stay on top of customer service. It begins before the sale.
If you call, write or email about your interest in an ATM distribution program,
make sure the company follows up as quickly as possible. If you ask questions,
they should be answered. If they don’t know the correct answer, they
should say so. There is nothing wrong with not knowing everything. As a matter
of fact, you will probably trust the company more if they answer a question
with an honest “I don’t know, but let me find out and get back
with you by the end of the day.” If they give you a time limit, make
sure they honor it. But if they can’t find the answer you need by the
mentioned deadline, call back to inquire and make sure all your questions
are answered. Just be honest, and you will get your business relationship
with the ATM company off to a great start.
Now that you have chosen an ATM company and bought your ATM product or services,
the work does not stop. You must still work to keep your ATM customers satisfied,
even if your company is small and you have to deal with a lot of other business
issues. Keep in touch with the ATM company.
When it comes right down to it,
they are the people you have to communicate with. They sold you the product.
Usually you can call a service representative personally if you ever have
any trouble with customer service or repair departments for your ATM machine.
Let them know that while you don’t anticipate any problems, you’ll
be in touch if you do run into any. With that said, make sure the ATM company
you choose follows up on your concerns and gets back to you in a timely manner.
If you’ve been trying to reach someone from tech support but can’t
seem to get through a busy switchboard, make sure someone takes your phone
number and ask someone from tech support to give you a call. Even if it takes
tech support a while to solve your problem, you will be impressed if you
get results from them. This is how business relationships are built.
If you want to build your business, service both before and after the sale
is of utmost importance. Don’t slack on either aspect. A satisfied
customer is a long-term customer. When a satisfied customer tells other people
about his or her great experience with you and your company, it’s better
than any type of advertising you could ever invest in.
- ATM Processing – How much should
it really cost for ATM transactions
How much should it really cost for an ATM transaction? In a perfect world,
it would cost nothing. However, ATM machines cost money. Without the charge
for ATM processing, there would be no way to reimburse the people who are
out the costs. And no one wants to be out the costs without some kind of
return for it. However, you should try to find an equilibrium price so that
people will continue to use your machine and you will begin or continue to
make a profit for your machine.
When you decide to go into business or make some extra money with ATM processing,
you should first decide if you want to own or rent. You should then consider
any additional costs for owning and maintaining your machine. This should
include any costs for periodic maintenance, time spent on the machine, and
any costs that you will need to pay to any outside parties. The costs of
owning and maintaining an ATM machine will vary from owner to owner. You
just take into account the costs that you may incur.
After you figure out how much cost you will incur on a regular basis, you
should decide on a possible scenario for how much your machine will be used.
The first step in doing this is surveying the traffic around your machine.
This is one thing to consider when you are choosing a location to put your
machine. One thing to make sure is that people will realize that your machine
is there. No one can use a machine that they don’t know exists.
If you are putting your ATM machine in a place that has a lot of traffic,
especially foot traffic, the likelihood of people using your machine increases.
Also, if there is a reason why people in the area around your machine would
need extra money, the transactions are likely to increase. All of these factors
are important because when more people use your machines, you can afford
to charge them less.
After you figure out what reasonable pricing with the competition seems to
be, see if you can meet or beat it. However, you still have to keep the charge
high enough to make a profit. But if you charge less and more people come,
you still have the potential to make more. This is the whole point of competitive
pricing.
When you are pricing your transaction fees, you should compare your fee to
the competition’s, especially if any other machines are in a close proximity.
No one will use your machine if they are charged more at yours than at the
one around the corner. However, even if yours is the only machine for miles
and miles, you shouldn’t charge way more than other machines. People
will then use your machine only in emergencies in that case.
The main point that you should remember when pricing your ATM machine’s
processing transaction, is to charge enough to cover your routine costs and
make a profit without going above the competition’s pricing. If you
can’t
do this, don’t buy one.
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ATM Business - How to get in on the ATM machine business phenomenon
One of the first things you should realize before you dole out the cash to
get an ATM business off the ground is that simply having the ATM machine
isn’t
going to do you a bit of good. The person who has a dozen ATM machines in
the garage is no more in the ATM business than the person with no ATM machines
at all. So what does it take to get an ATM business started?
The three most important rules of real estate apply to the ATM business opportunity.
It’s all about location, location and (of course) location. If you have
poor positioning for your ATMs, you’ll probably not do much better
than if you had them in your garage.
So the first step is not only to find the machines, but to decide what you’re
going to do with them once you have them. Some ATM manufacturing companies
offer help finding locations, and some ATM franchise companies offer help
finding the machines. Which way you start is merely a point of personal preference.
If you choose a franchise, keep in mind that there are likely to be some
franchise rules you’ll be expected to follow. The extent of these rules will depend
on the franchise because there is no typical franchise contract. Each franchise
parent company sets rules for themselves, and those decisions are up to the
franchiser as long as they don’t violate any rules governing the use
of ATM machines.
Franchises do often offer one major benefit in the form of support. A franchise
parent company may very well be able to train you in the management of your
ATM business, down to bookkeeping and maintenance of machines.
The reliability of your ATM machines will depend largely on your manufacturer – some
are simply at the top of game in this sector while others aren’t. You
may find that the cheapest source of ATM machines isn’t the best source.
Here’s why reliability is such an important factor in your effort to
start an ATM business.
If a consumer is headed to an ATM machine, it’s probably because he or
she needs cash. It may be for an impulse purchase or for an emergency car repair – but
the fact remains that the person is looking for money. If your ATM machine
isn’t working on that particular day (or worse, malfunctions mid-transaction),
that person will probably be able to go to another ATM machine to get the cash
they need. You’ve lost the profit from that particular transaction. But
worse, you’ve probably lost future transactions because that person is
going to remember your ATM as the one that didn’t work, and won’t
even bother to stop there next time.
After choosing the manufacturer and locations for your ATM business, you’ve
still got some hurdles to clear. You’ll have to set up a routine of
servicing machines (whether you do it yourself or hire it to be done). You
need to have a regular maintenance program in place, and to have a plan for
when problems occur.
Setting up an ATM business isn’t a process that’s going to be
completed and off the ground in an hour or two, but just take a look at the
number of successful ATM businesses in existence. This is an endeavor that’s
likely to be well worth your time, effort and financial investment.
- Cashless
Scrip ATM machines - How Cashless Scrip ATM Machines
Can Work For You
The words “cashless” and “ATM machines” simply don’t
seem to belong in the same sentence. After all, what service could a cashless
ATM possibly offer? Actually, cashless scrip ATM machines are becoming more
widely acceptable, and offer one of the most important things to the merchant – the
potential for higher earnings. Take a look at the concept, how it works and
how you can put it to work for you.
In reality, the concept has nothing to do with not spending or receiving
money, but with spending money without using cash or writing a check. Instead,
the customer simply swipes a card and the transaction is completed. While
it’s
fairly common already to have credit and debit card terminals set up at checkout
stands, one point to keep in mind is that these transactions come with a
price.
Typically, the merchant pays a set fee for each transaction.
So what if you could eliminate the transaction fee? What would it be worth
to you? Before you answer, stop to consider how much that fee is currently
costing you. If it’s a flat fee of fifty cents per transaction, for example,
would it be worth fifty cents if that fee didn’t apply? And what if you
could then use that transaction fee – in whatever amount you choose – to
encourage the shopper to return? This is one of the benefits of cashless
scrip ATM machines.
So are these ATM points free? Actually, the customer pays a convenience fee,
just as they would if they used a traditional ATM machine. So where’s
the advantage? When people are shopping, they’re typically not worrying
about a dollar (or even two or three) that they’ll be charged for using
an ATM machine. The same is typically true of the transactions on cashless
scrip ATM machines.
In marketing, “soft benefits” is the term given to some benefit
of shopping in a particular place. If you, as the merchant, can offer your
transaction fee back to the customer, it might be just the slight incentive
needed to encourage that customer to make a return visit. Even though the actual
cash amount isn’t likely to be significant, you’re building good
will – a feeling that will likely remain with the customer long past
the moment when the last bit of wrapping paper is being crammed into the
trash.
Other benefits of cashless scrip ATM machines are evident in the environment.
The customer will typically receive two receipts for the transaction, but
other paper receipts are eliminated. The result is less need for paper and
less paper to throw in the trash – both good ideas for the environment.
Finally, you can point out the ultimate convenience of this type of transaction.
Checkouts are faster because your customers aren’t standing in line
writing checks. Approval is almost instant and there’s no need to make
change. If you, as a merchant, are able to offer the very cutting edge of
technology as a means to convenient shopping, your customers are going to
remember you.
- Tranax ATM Machines – Cash To
Go
For more than two decades, Tranax has been making self-service technology
that works. It’s this commitment to excellence that’s made Tranax
a popular option when it comes to ATM machines.
If you’re considering setting up an ATM or adding to your existing
network of ATMs, you have to ask yourself a couple of questions. What is
it that makes ATM machines profitable? What can cut down those profits? What
can you offer that will make people pass up some other ATM to choose your
Tranax ATM machines?
One of the reasons people use ATM machines at all is convenience. Every single
thing you can do to add to that convenience increases the potential that
your ATM will be profitable. That means that you may very well need to check
out Tranax ATM machines to see what innovations make these even more convenient.
Maybe you’re not even looking for a network of ATMs, but are looking
for a way to make your existing business more profitable. Think an ATM can’t
help?
One of the innovations that emerged from Tranax is the combination ATM and
ticketing kiosk. Just consider the problem some people face at movie theaters.
It’s not until they arrive that they realize that they don’t have
enough cash for movie tickets. They may very well scramble around to find an
ATM machine, or they may simply go to a video store that will accept their
credit or debit card and take their evening’s entertainment home -
unless you can make it easy to overcome this problem.
With a combination ATM and ticketing kiosk from Tranax, you can. What can
be easier than using the ATM machine to pay for the desired tickets AND get
enough cash for popcorn and a soft drink? This is just one of the many options
you’ll
get with Tranax ATM machines.
You’ll find Tranax ATM machines that offer coin exchange and check cashing
capabilities – all designed to help you provide a wider array of services
for your customers. And everyone knows that the additional services translate
to higher profit margins.
But just as is true with any technology, the needs don’t start and stop
with the ATM machine, even if it is at the top of the game. You have to find
several ways to attract customers. Tranax ATM machines are built to be located
in a variety of situations, including “through the wall” models.
You’ll also find an array of signs, stickers and other accessories
to help you attract those necessary customers, and even a surge protector
to help protect your investment from an electrical surge that could put your
ATM out
of commission – resulting in lost profits for you and a loss of confidence
from yourcustomers.
Tranax is headquartered in California. The company touts the installation of
more than 60,000 ATM machines of various capabilities. If you’ve been
thinking about the possibilities of an ATM machine, or just hoping to add to
your current ATM network, take a look at what Tranax has to offer.
- Tidel ATM Machines – When You Can’t
Wait to Get Started
Have you been thinking about the potential income possibilities of ATM machines
and thinking you’d like to get in on that action? Do you immediately
follow that thought with the recognition that you can’t possibly afford
to buy those machines outright? Take a look at Tidel ATM machines, and then
look at the company’s affordable lease-purchase options. You may find
that you’re closer to being ready to start a lucrative ATM business
than you thought.
You can choose from the very basic Tidel ATM machines to the Tidel 3800 with
multi-media capabilities. This particular machine can meet the demands of
today’s
complicated transactions. For example, the 3800 can serve as a very basic
ATM, completing cash transactions with a minimum of bother. But you may be
missing out on a very important customer base by not offering check cashing.
The 3800 can take care of those customers who need to cash specific kinds
of checks as well.
The wide-screen monitor can be used for advertising – another potential
source of income. Or you can offer up short entertainment clips to play as
your customers wait for their transactions to be completed. Think that’s
pretty incredible? Your customers will too, especially when they find out
they can purchase various tickets and even pay for travel arrangements, all
through this one handy location.
If you think service of your ATM machine is important, you’re right.
Tidel recognizes both that service is sometimes required and that you may prefer
your own service technician over Tidel service providers. If that’s the
case, you can quickly order and track parts through the company’s website.
Just choose the parts you need and place your order. If you wonder where the
part is, when it was mailed or when it’s due to arrive to you, just go
back to the website and check the status of the part. It’s all designed
to help your business be as profitable as possible.
If you’re looking to increase your ATM network overseas, Tidel may very
well have the answers you’re looking for. Take a minute to consider
that Tidel ATM machines are currently located in some thirty-eight countries,
according to information from Tidel.
Security is always an issue and Tidel ATM machines have been at the cutting
edge of technology for many years with security-minded machines. After creating
the technology designed to deter would-be robbers, Tidel moved right on to
offer the first dial-up ATM available to the general public. These ATM machines
are also very compact so that they’ll fit in the smallest imaginable
space, all aimed at what the company calls “low cost, high reliability” technology.
When you consider Tidel’s commitment to developing new ideas, you can
probably imagine yourself as part of this winning team.
This company is based in Texas and produces a variety of self-service machines,
such as ATMs.
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