ATMs are great sources of revenue. A business that installs an ATM can expect 20 to 25 percent more revenue from each customer than those without ATMs. But getting one is a bit more complicated then walking to the nearest store and buying one. Here we go about all of the steps you need to take to get the perfect ATM for your business.
Step 1: Determine if your business would benefit
While ATMs can benefit a great number of businesses, there are some that simply don’t need one or have too few customers coming through the door to benefit from one. In general, though, the following businesses are great locations for an ATM machine:
- Bars
- Restaurants
- Convenience Stores
- Hotels
- Gas Stations
- Amusement Parks
- Retail Stores
Step 2: Choose the right type
If you find your business would benefit from getting an ATM, you next need to think about the type of ATM your business needs. This means you need to examine the features of the ATMs within your price range and determine which features would most benefit your business. For example, systems that provide language support are great for businesses that cater to a diverse set of people. You should also consider the aesthetics of the ATM, as a sleek, modern-looking ATM, for example, would work better in a high-scale restaurant.
Step 3: Keep it maintained
Once you’ve decided on the type of ATM you need, the last thing you need to think about is maintenance. An ATM needs regular maintenance, whether it be stocking the vault each day or fixing any malfunctioning parts. You’ll have to decide whether you want to deal with these problems yourself, or if you want to contact your local ATM service provider for help.
If you find that you’d like an ATM service provider to help you, or if you’re still looking for the right ATM for your business, contact Pride Vending to get started.