Are you new to the world of ATM machines? Read our ATM Beginner’s Information!
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Benefits of having an ATM machine in your business:
Increase Sales: Studies show that an ATM can increase a business’s sales by as much as 8%.
Cash Retention: Businesses are reporting that an estimated 25% of the cash withdrawn from an ATM is spent on the premises. This number can be much higher for cannabis shops, nightclubs, bars, and restaurants.
Control bad debt: When a customer uses cash from an ATM, there are no worries about chargebacks, disputes, returned checks, or the stress associated with these incidents.
Reduce credit card fees – Direct your customer to the ATM, and you can greatly reduce the credit card fees you pay.
Save time: An ATM deposits funds directly into your bank account.
Added value: An ATM adds to the overall value of your store.
Customer Convenience: Your customers won’t need to stop at a competitor’s business to get cash.
Added Source of Revenue: With surcharge fees, you can earn more than enough to cover the cost of the ATM. Additional profit comes from the additional sales from the hundreds of extra dollars available in your customer’s pocket.
Facts and Figures
ATM customers spend an average of 20% to 25% more than non-ATM customers
40% of ATM users go to the ATM machine an average of 10 times per month
Placement of an ATM machine is the second most requested service for retail stores
Retail ATMs that dispense $20 bills increase store sales by over 8%
ATM users are “habit”-driven, using the same ATM repeatedly
There are no chargebacks or credit risks with an ATM
ATM customers prefer the convenience of a retail store to a bank
A new ATM is installed every 3 minutes! Don’t wait! Contact us today!
CAPITOL ATM, LLC
California, United States
Email us at [email protected]
800-381-4055
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