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ATM Placement for Liquor Stores and Package Stores
Liquor Stores and Package stores are always high-trafific businesses and are always busy. Many of these businesses benefit from having on-site ATM's as it encourages customers to use cash instead of credit cards. When cash is used, businesses do not have to worry about credit card fees and even have an increase in revenue because they get to keep a percentage of the fees from the surcharges for ATM's. In addition, providing an on-site ATM at your establishment offers convenience for customers especially if you operate as cash-only as it p rovides a quick way for a customerr to get cash and they do not have to leave to find an ATM nearby with the chances of not returning.
With having an ATM on-site it reduces credit card fees and 80% of the money that customers withdraw from an ATM are spent on-site which will also increase your business' revenue. In addition, if your liquor store or package store offers lottery games, those are paid by cash so having an ATM also allows them to withdraw cash to spend on these games while also buying their beverages.
Free Placement for ATMs at Your Business
One popular option which offers no-risk is Free ATM placement at your business. This allows you to not have to put any money down and you still get paid for generating cash from the ATM. This is usually a great option when starting out for new startup businesses and requires no setup costs or maintenance costs. Free placement is offered nationwide and setup is quick.
Owning an ATM or ATM Rental/Leasing?
Many times there are no upfront costs to place a machine at your business. In order to have your ATM up and running all that is needed is a space to place it, power, and internet. There are many programs that offer this option, and they are responsible for restocking the machine with cash and also repair and maintenance. With this option you also earn a percentage from the surcharge.
As a business, you also have the option to purchase your own ATM which has the following benefits:
- Low cost purchasing options
- You keep all profits of the ATM surcharges
- Able to set your own surcharge
- Installation and Programming Included
- 24/7 technical support
- Monitoring and Reporting
When it comes to owning your own ATM, you are responsible for restocking the ATM with cash.
Benefits to having an ATM placed at your Business
One great benefit to having an ATM placed at your business is that you are providing an ATM on-site for customers who may not know the business is cash-only and it makes it more convenient for them to access cash. In addition, having an ATM can benefit your business in the following ways:
- Customers are able to easily use an ATM and you do not have to risk that customer having to look for an ATM nearby with the possibility of them not coming back.
- Having an ATM can attract new customers or customers who may need to find an ATM.
- When withdrawals are made at a location where the ATM is located, most of those funds will be spent at that location which results in higher purchases for your business which = more revenue.
- No longer have to worry about payment gateway fees, terminal fees, and monthly fees when it comes to fees related to credit card transactions.
- In additional to increased revenue from customers tabs, you also are able to receive revenue from a percentage of the ATM fees.
What ATM Options are There?
There are many ATM machines such as stand-alone ATMs or countertop ATMs. Whatever option you choose for your business it is important to put your ATM in a place where it is highly visible and will increase foot traffic.
How We Can Help Your Cash Only Business
When it comes to ATM placement for your liquor store or package store business and we can help you decide what solution is best for your business. Whether you want ATM placement for an extra cash option or run on being cash-only/all-cash, we have tailored solutions that are tailored specifically for cash-only establishments and businesses and provide ATM solutions in all 50 states. Contact one of our customer agents so you can take the step of having an ATM for your business and no longer have to worry about customers leaving and coming back to make cash withdrawals and can instead make a withdrawal and make purchases at your establishment.