ATM machines have revolutionized the banking industry, so we only need to visit our bank for important cases. Today, more than 1,200,000 ATM machines are working, and a new ATM machine is added to this collection every five minutes. To think more miniaturized, more than 300 million mini ATM machine (or card swipe machines) are active worldwide
If you are interested in an ATM machine business and wondering how you can buy ATM machine for personal purposes, we are here to help you greatly. In this article, we are going to explore these questions;
- What are the benefits of having an ATM machine business?
- Which bank installed the first ATM machine in the United States?
- Where to find an ATM machine for sale?
- Where to buy an ATM machine?
- How much does an ATM machine cost?
- How can I find a used ATM machine for sale?
Is it good to have an ATM machine business?
A clever old man once told me, “a business owner should always be on the lookout for ways to make more money.” This is why more and more business people are chasing the “ATM machine for sale” banners on the internet.
How much is an ATM machine? Believe me; it doesn’t matter how many bucks you are going to spend for an ATM cos your ATM machine will bring your budget multiplied back to your budget for sure. So, is it correct that an ATM machine can print tons of dollar bills for your business? You never get an answer of “no” to this question.
What are the benefits of having an ATM machine business?
No matter if you decide to buy a typical ATM machine or a mini ATM machine version for your office, most experts will guarantee the profit you are going to receive from it. What are the advantages of having an ATM machine?
- Increasing revenue
When we talk about the ATM machine business, we are actually talking about super revenue. How can an ATM machine bring more revenue? Suppose that most people and young adults are just wondering about having a small snack or a cup of coffee after hard work. In this case, they prefer to pay for goods in cash rather than with their credit cards, and here they see an ATM next to your cashier person. Congratulations! You won praise!
- Increasing average spent
Any business owner wishes to have customers willing to spend more cash in their stores. If one of the limitations of spending money is lacking cash payments, you can eliminate this factor by implementing an ATM machine.
- Customer loyalty
Installing an ATM machine for your customers leads to making them happy, and happier customers often are more loyal ones. Once users know the ATM exists, they know where they can always quickly and easily access their money. In this way, you bring in more customers regularly.
- Save money on fees
If you offer access to cash in your store, you encourage more cash payments. More cash payments mean you have to pay fewer fees for transactions and save your money in your pocket. Furthermore, you can also use cryptocurrency as a payment method for your business, so customers can purchase from your store without wrestling with the government’s tax rules.
- Improving safety
An ATM machine in a store always looks safer than an ATM machine on the street. The nearby ATM machine will free users from getting out of your store and making a stop to deposit cash elsewhere, so installing an ATM can bring more comfort to your customers and your employees.
How much is a used ATM machine?
The next question is; how much is an ATM machine? Like domestic electric appliances and mobile phones, ATMs can vary in quality and total cost due to their manufacturer and the materials used in making them. If you want to buy ATM machine, you can have one of them by paying an average of $2000 to $7000 on markets. Note that a more expensive ATM machine isn’t necessarily a functionally better choice, so you must take care of all parameters about the ATM machine specifications.
If you are one of those people groaning about the cost of new ATM machines, then try finding a used one. There are many used ATM machine for sale websites (like eBay and nasatm.com), where you can find a relatively operational ATM machine for sale for less than $1500.
Which bank installed the first ATM machine in the United States?
The history of installing ATM machines started in the big apple, New York. On a sunny September 2, 1969, Chemical bank installed America’s first automatic teller machine (ATM) for the public, located at Rockville Center. Many people in those days were like new babies having no idea about how to use an ATM machine, but soon, a revolution happened. Note that the ATM machine deputed in 1969 was only able to deposit cash, and just two years later, a multi-functional ATM machine was introduced.
It took only two decades for ATM machines to become popular all over the country. By the end of the 80s, an ATM machine became developed to perform many of the functions previously done by human tellers, such as check deposits and money transfers between accounts.
How to buy ATM machine?
For those customers managing to buy ATM machine for their business, several online and local marketplaces are supporting their customers with “ATM machine for sale” advertisements. To buy ATM machine for your business, these factors should be considered;
- Technology support
Used ATM machines seem to be cheaper than new ones, but their features are already out-of-date. Apart from operating at a slower pace, they are generally non-EMV compliant. As a recommendation, it is better to buy ATM machine compatible with EMV technology so that it can;
- Display transactions information more securely
- Deter efforts to scam customers through your ATM
- Minimize fraudulent transactions by over 50%.
- The name of the manufacturer
Several manufacturers in the US are producing ATM machines (such as Genmega, Hantle, and Triton), but even these companies’ products can be far different from each other. In this case, your task is to carefully study the whole catalogs of any ATM machine you are deciding to purchase, leaving no sentence unviewed.
Although it seems wired, people are more comfortable with more beautiful and modern ATM machines!!! In the role of an ATM machine customer, you should also take care of the character your ATM machine shows up the first glance. Note that people judge the functionality of machines and technology based on their appearance, so make sure that aesthetics is part of your criteria.
Where to buy ATM machine for sale?
After thinking about the features of your desired ATM machine, it is time to locate a store for stating to spend your money. If you live in big cities like New York, Detroit, or Chicago, there are various shopping centers so that you can drive to their location and choose the best ATM machine for your work. You can purchase your ATM machine online if you think sticking in traffic jams is not a good idea.
Where to buy an ATM machine? Check these websites to find your dream ATM machine;
What is the best ATM machine to buy?
Are you determined to buy ATM machine? Then let’s review the best ATM machines you can own for your business;
- Genmega 2500, Onyx
This is one of the best ATM machines you can find on the market. The G2500 comes with special features, such as an 8-inch high-resolution, wide-screen LCD with EMV technology and additional tools to operate. This product also has fixed, removable, and multi-cash cassette dispenser options.
- Price: $6200 to $9000
- Nautilus Hyosung 2700
If you are looking for an ATM machine with easily upgradable features, then Nautilus Hyosung 2700 is made for you. The new Hyosung model is accompanied by a 10.4″ color display and heat-sensitive function keys, as well as a UL Business hours vault and PCI (Payment Card Industry) Compliant EPP (Encrypting PIN pad.
- Price: $3000 to $4000
- Diebold Nixdorf CS 2040
Diebold Nixdorf ATM machines are compact and flexible for indoor purposes. It comes with a 15-inch XGA color consumer display screen; an 80 mm enhanced graphical printer and an EMV-compatible card reader.
- Price: $3300 to $8000
- Triton Argo, Traverse
As a masterpiece in 40 years of Triton’s history as an American ATM manufacturer, this product can meet your most customized needs. This machine rates very well and is for high traffic and volume areas of many retail, food service, and hospitality locations. You will love its anti-skimming and PIN shielding design.
- Price: $5300 to $12000
- Hantle 1700
The Hantle 1700 Series ATM comes with incredible high-tech features. This product only weighs 200 lbs and offers security and ease of maintenance. It is fully TDES and ADA compliant. You can purchase this ATM with a 1700 note removable cassette cash dispenser.
- Price: $1900 to $2900
Thank you for reading. To find ATM machine for sale, just visit one or two websites on our list, and then you will be taken to the world of stunning ATMs for your purpose. How much does an ATM machine cost? New ATM machines are accessible with paying 6000 USD on average, but you can find a used ATM machine for sale for only $1000, though it is not recommended to buy old-fashioned ATMs.
ATM machine business is a great place for your investment. As more and more people are spending their hours in big shopping malls, an ATM machine is more needed to boost your revenue. So, just navigate your web browser and skim websites for an ATM machine for sale!!!