Every time a customer uses a credit/debit card in your business, you are charged an expensive fee on the transaction. This fee typically ranges from 2-4% which means 2-4% of all your businesses' transaction revenue is being lost in credit/debit card fees paid to third party processors. That adds up quickly! Having an ATM encourages custom
Every time a customer uses a credit/debit card in your business, you are charged an expensive fee on the transaction. This fee typically ranges from 2-4% which means 2-4% of all your businesses' transaction revenue is being lost in credit/debit card fees paid to third party processors. That adds up quickly! Having an ATM encourages customers to use cash as a means of payment which saves you lots of money. Every. Single. Transaction!
Many customers prefer using cash as a means of payment or may have no other means to pay, having an ATM provides customers with a cash solution. You won't have to deal with lost customers, which can even boost your businesses' ratings!
Businesses that have ATMs in their business experience a greater amount of foot traffic from people looking to use the ATM. Many of these people will become customers to your business as a result of being in your business.