ATM USA   1-800-550-5087
 

OPERATING YOUR OWN ATM

Most people don’t understand how the flow of money through an ATM works. Many people, including my grandmother, think that the money flows in a tube underneath the street from a bank to an ATM. Let me try and clear this all up:

ATM Wholeale and Rental - Generating Income

When you purchase your own ATM, you decide on setting a surcharge. This surcharge will typically pay for the ATM and produce some extra profit. This surcharge income is actually the icing on the cake. The big income is derived by customers withdrawing money and spending it at your business. The average withdrawal is $47.00, and the average amount that makes it back into your cash register is $14.00, varying up and down based on your type of business. Nightclub/tavern locations, for example, actually see around $35.00 of that $47.00 being spent back at their location.

The average ATM surcharge in the USA is currently $1.97. Most hotels and tourist areas set their surcharge at $2.50, and most major US banks are at $2.00 surcharge. Virtually all ATMs set their withdrawal limit to $200.00 per surcharge transaction. There are a few states that put caps on the surcharge amount. Check with us for your particular states’ regulations.

Customers may check their balance or transfer funds without paying a surcharge.

ATM Placement - How You Profit

With ATM USA, we pay you 100% of the surcharge. So, if you set your ATM surcharge at $2.00, and 500 customers use it per month, you will make $1,000.00 per month in surcharge income, and see an increase in sales an average of $7000.00 per month. Now you see why so many businesses have ATMs!

When a customer withdraws $40.00 from your ATM, ATM USA settles the account instantly and then wires $40.00 plus the $2.00 surcharge into your business checking account within 48 business hours. This can save you trips to the bank to deposit money from your cash register. Simply load those 20 dollar bills into the ATM. We also send you a monthly statement which shows daily details of your ATM usage.

The days of ATMs dispensing too many or too few bills is long gone. The dispensers used in our ATMs are state-of-the-art and dispense the right amount of bills. In rare cases, the operator of the ATM enters the wrong amount of bills loaded in the ATM and it causes a shortage of bills in the dispense. Our customer service department handles any customer complaints. These are called Regulation E filings. In this occurrence, we will electronically “look” at the journal sequence and determine, with your help, whether or not the ATM ran out of money during a customers withdrawal. If this is proved to be the case, the cardholders account is credited the shortage.

ATM Machine Business Opportunities

You will need to complete an ATM USA Processing Agreement and send that to us along with an ACH Authorization form and a “Void” check from the account that you want to settle the transactions back to. Please call us at 800-550-5087 and one of our sales representatives will be glad to assist you with the paperwork and recommend the ATM that best fits your application and your budget.

We can help you wipe out credit card fees and bad checks. Most businesses pay 1.75% plus $.25 per transaction to accept a credit card purchase. Since our ATM network accepts virtually all credit card, debit card, and even Diners Club cards for withdrawals, you can unplug your credit card terminal and send ‘em to your ATM. You make a surcharge for each withdrawal. No more credit card bills!

Tired of taking bad checks? Send them to your ATM machine. It’s guaranteed money.

No more bad checks.

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