On Premise ATM Advantages

Here are some reasons why ATMs can bring more revenue into your store:

• People look for ATMs if they need quick cash. With an on-premise ATM, they’ll come into your facility to withdraw money, and may buy impulse products in your store during the same visit.
• An ATM is not just a customer magnet, it can generate additional income as well with our profit-sharing programs. You can earn a percentage of every surcharge on every completed transaction. Even if the user doesn’t buy anything in your store, you still earn.
• Credit/Debit card transactions can add up. When a person uses cash, you get 100% of the profit (no sharing with the merchant processor).
• By having an ATM, the consumer may be more likely to make those small purchases in cash. Which results in a triple-win for you; no merchant processing fees, a sale, and new revenue from the ATM transaction.
• Extra Profit – No Hassle. Selman ATM offers a hassle-free, zero cost ATM Placement program that helps you earn money and increase foot traffic into your store.
• An ATM customer will spend 20-25% more than a non-ATM customer.
• There are 210 million ATM cards in the US. (That is roughly 85 cards for every 100 customers.)
• The largest portion of regular ATM users (40%) go to the ATM an average of 10 times a month.
• Unlike accepting credit or ATM cards at point of sale, the automated cash machine transaction does not cost you a percentage of the sale.
• Keeps your customers in-house so they don’t leave your location to get cash from a different ATM nearby.
• Reduces or eliminates the need to accept checks.
• Reduces credit card usage and credit card fees and expenses.With an ATM in your store, you offer your customers convenience and better customer service while increasing your sales and income.