An ATM can be a wise and lucrative investment for business owners. There are many ways you can offer the convenience of an ATM to your customers. Whether that be through a self serviced machine or one that is installed & taken care of on your behalf, by a service company like Merchant Partners. Obviously, there are many pros and cons to both options and we will discuss those further.
Before deciding on an ATM machine, you need to determine whether an ATM makes sense for your business. Restaurants, bars, and service industry entities are typically where ATMs shine. However, not all restaurants and bars are built the same. Gaming, bar games (pool, arcade games, etc.), and other services that require cash all help to increase usage of an ATM.
Let’s say an ATM makes sense for your business and you’re interested in doing it yourself. You need to consider the capital needed to both purchase the machine and also operate it. There are also other hoops you have to jump through in installation, processing, and servicing each transaction. This can oftentimes become a burden for a business owner focusing on more important areas of their business.
This is where Merchant Partners works for you. We streamline this process by providing the equipment, installation, and servicing. And you, the business owner, collect a monthly fee based on the terms of our agreement. Of course the fee split is always negotiable based on how the ATM performs, more volume means more money for both the business owner and the servicer.
If you’re in the market for an ATM and expect great service, make sure to inquire with us about your needs. We primarily utilize Hyosung machines. They’re reliable and can add a great service for your customers.
Thank you for taking the time to view our blog.
Partners Group LTD 
Leave a comment