ATM Placement for Cash Only Businesses and Establishments

Many businesses such as local stores, corner stores, bodegas, bakeries, and other small business choose to operate as cash only businesses so that they do not have to worry about credit card processing and fees involved.  Many stores also are now switching to cash only and even offer incentives such as no tax added or discounts and made the switch to cash only due to rising costs of transation fes and even to avoid credit  card fraud.

When you are a business that chooses to operate as a cash only business it is important to have an on-site atm.  Many businesses such as local stores that are cash-only benefit from ATM placement because when customers come into the store with plans to use a card but then have to get cash, it eliminates them having to leave the store to find an ATM.

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Free Placement for ATMs at Your Business

One popular option which offers no-risk is Free ATM placement in your cash only 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.

Some businesses that we serve that operate all-cash include:

• Barbershops & Hair Salons
• Nail Salons
• Spas
• Bars and Nightclubs
• Dispensaries
• Tattoo Parlors
• Adult Entertainment Clubs
• Restaurants such as pizza shops, diners, taco shacks, etc.
• Coffee Shops
• Bodegas and Corner Stores

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  all-cash businesss 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

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When it comes to ATM placement for your cash-only business, we can help you decide what solution is best for your business.  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.