Money For Lunch – 3 Kinds of Automated Teller Machines That the Market Offers

3 Kinds of Automated Teller Machines That the Market Offers

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Shopping for a good ATM machine is exciting, especially if you are thinking of how the machine will help your business expand. However, the experience can be overwhelming, especially if you don’t know the types and features of ATM machines that are available in the market. Truth is, the number of companies that are known to offer ATM machines and other related services keeps growing by the day. So, it might be a challenge to know where to look or what to look for when shopping for a new ATM vendor or spare parts for your old machine.

Let’s face it; ATM machines are a great investment and are a sure way of giving businesses a financial boost. Having one, two or more ATM machines in your medical marijuana business or close to your business does benefit your business, which at the end of the day leads to more money coming your way. Your Marijuana business will be in for an amazing profit because when you have an ATM within, spending is increased because customers can access money right at the store without having to go to banks. Additionally, an ATM machine is an income generating machine because with every transaction, a fee is generated and channeled to your business.

Now that you know how beneficial it is to have an ATM machine in your pot business, here are three types of ATMs that are available for you to choose from:

  • Stand-alone ATM machines – The stand-alone ATMs are normally installed inside the business premises where it is only visible to the customers who are in the premises. However, experts say that the stand-alone ATM machines are more permanent and can serve for a up to a decade. And since the machine is sitting in the business premises, you can rest assured that customer spending will go up. In fact, all the money that your customers transact might be used for purchases in your store. This means that you will be able to sell more and still get more profits from the multiple ATM transactions throughout the day.
  • Wall mounted ATM machines – This type of ATM machine is normally installed outside a building where customers and passersby can easily see it. The good thing about wall mounted ATM machines is that they are accessible round the clock (even after close of business). This means that even when your business is not in operation (maybe during late hours or weekends), the ATM machine will still be operating. Think of the transaction fee and the profit this will bring to your business! It is clear that an ATM that is installed outside, with 24-hour accessibility, increases spending and increases the business profits as well.
  • Movable ATM machines – Wherever you go, your ATM machine goes! Basically, the movable or mobile ATM machines are temporary and can easily be moved from one location to another depending on your business needs and ideas. Unlike the wall mounted ATMs that are drilled through a wall or the stand-alone machines that are permanently fixed on floor, the mobile ATMs are the best choice for you if you keep changing business locations.

There have it; the 3 main types of ATM machines. Using the information, choose an ATM that will generate more profits for your business and draw more customers in.

 

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