Installing an ATM at your shop or retail business generates leads. It can increase traffic to your pages and improve your ranking on the SERPs. But before you buy a unit, ensure you’re getting the best one. Here are a few things to know before you shop for ATM models.
Look at the Features
When you buy an ATM, consider its features. Some features allow users to make deposits on the machine. Some features provide only the most basic, fuss-free controls. Decide if you want to offer a mid-range option or an older unit. Older units are more cost-effective. Or so you may think. But with compliance laws and regulations, some of the older machines won’t pass muster. Besides, in a few years, those machines will be phased out. For a first ATM, those options aren’t so bad. But if you want your revenue to last, consider mid-range options. It’ll be a while before those units are phased out or turn obsolete. That’s a better deal if you want long-term revenue.
Read the Terms and Conditions
Always read the terms and conditions before you buy an ATM. What’s in the fine print? Will the vendor offer repair assistance? Be sure to go over a few of these questions. The answers you’ll get will help you choose a vendor that fits your needs the most. If there are any conditions that bother you, don’t hesitate to bring them up. It’s better that you negotiate those terms before you sign an agreement rather than after. At the very least, you still have the option to walk away.
Choose the Best Supplier
Supplier selection is vital to your operations. Choose an ATM supplier that can provide units that work efficiently and have security features. Given the rising number of ATM hacking attempts, it’s essential that you choose a model that can ward off potential security problems. You also want to encourage customers to use the machine, and one way to do that is to highlight its security features. That will let them know using the ATM at your place of business won’t put their accounts or money at risk. They can withdraw cash without any worries.
Get a Maintenance Plan
Find an ATM vendor that offers maintenance plans. If you want to focus on your business, you want to spend as little time as possible operating the ATM. It should run well on its own. To ensure that, get a maintenance plan. Let the vendor’s technicians fix and update the unit, so you can devote all your time and attention into doing what you do best: running the business.
Consider the Future
Do you want to start an ATM business? Start with one unit. See how having an ATM installed at your grocery, restaurant, or shop is affecting sales. Once you understand more about the logistics, think about renting a fleet of ATMs to generate a passive side income. That may be an excellent way to earn cash without much thought or effort.
