BENEFITS OF HAVING
AN ATM IN YOUR BUISNESS
Increased Foot Traffic
Increased Sales
Reduced Card Fees
Customer Retention
Increased Foot Traffic
When you have a well-advertised ATM, people will come to your store to use it. This is Especially true when either your business or nearby businesses accept mostly cash transactions. By haveing an ATM inside your business, these potential customers will enter your store to use it, giving you an opportunity to make a sale.
Increased Sales
Studies show that ATM users will spend up to 25% of their withdrawal in the same store the ATM is located. Combined with more foot traffic, this could increase your sales a significant amount.
Reduced Card Fees
As a merchant, you are probably familiar with the fees you must pay for purchases made with a debit or credit card. Right the amount of each fee depends on the total purchase price, even small fees can add up to a significant amount. Installing an ATM will increase cash transactions, thus saving you money by reducing the number of debit and credit card fees.
Customer Retention
When a customer is at you business, they may or may not have the cash on hand to make a purchase. If they don’t, and there is no ATM in your building, they must leave to find cash. This creates an opportunity for the customer to change their mind and decide not to return to make the purchase. Having a convenient ATM in your building will prevent customers from leaving to gather the funds necessary to make a purchase.