Do you often encounter customers asking where the nearest automated teller machine (ATM) is? Is your business near other establishments that only accept cash for their services? If you answered yes to these questions, then you should start looking for atm machines for sale.
Setting up an ATM in your business can be a great way to earn extra revenue. Apart from profiting from the surcharge fees, you can also attract more foot traffic and eventually increase your sales. Having an ATM can also boost your business image as the machine means that you’re finding ways to ensure customer convenience.
Note that you can only experience the benefits mentioned above if you find the right machine. To choose the ideal one, consider the following factors as you survey various atm machines for sale:
Europay, MasterCard, and Visa (EMV) Technology
Before you consider buying older models because of the price, think about the pros and cons. Older models or used machines may be cheaper compared to newer ones, but their features are already out-of-date. Apart from operating at a slower pace, they are generally non-EMV compliant.
The ATM that you should buy must have EMV technology for the following reasons:
- It offers better security as it can minimize fraudulent transactions by over 50%.
- It attracts more users as customers know their transactions are more secured.
- It deters efforts to scam customers through your ATM.
Given the advantages above, it’s evident that buying newer models that are EMV compliant is more cost-effective than older machines. When you think about savings, make sure to consider the benefits and not just the cost to get the actual value for money.
There are a few ATM manufacturers in the United States, such as Genmega, Hantle, and Triton. Each and every brand has its own set of advantages and disadvantages depending on your needs. Instead of immediately buying the most popular brand, you should first compare and contrast the different brands. Apart from reading product descriptions from the makers themselves, you should also rely on customer reviews.
You may not realize it but the ATM’s appearance also matters. People judge the functionality of machines and technology based on appearance at the onset, so make sure that aesthetic is part of your criteria.
If you have an ATM that looks archaic, do you think your customers will use it? Probably not, especially if there is another machine within walking distance that is modern and has colorful digital displays.
Service Commitment of Supplier
ATM servicing is a critical factor when buying a machine. Keep in mind that you will only profit from this venture if the ATM is working. If not, then every hour that the device is down will lead to lost revenue and more dissatisfied customers.
Find an ATM supplier that will not only offer high-quality machines but one that can guarantee lifetime service and support like Bell ATM Service. Every unit that Bell ATM sells comes with a service commitment and support of its team of expert technicians.
As a business owner, you should not stop looking for strategies that will not only boost your existing venture but offer income opportunities as well. Setting up an ATM is one of these strategies. Consider the buying tips mentioned above as you search for the right unit to experience numerous business benefits.