How will i know if my machine will do well the main

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How will I know if my machine will do well?
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The main thing you have to look at is how many people come into a business a day. The average usage a day is anywhere from 4-8% of people that walk by the ATM machine. Therefore, if you have over 150 people coming in a business a day, you could have between 6-12 uses a day on your ATM machine. If you set your surcharge on your ATM machine at $2.95, which is what most banks charge to use their ATM, you could be making between $530-1,100. A majority of our customer’s average at least 300 ATM uses a month. Some of our customers see well over 2,000 transactions a month on their ATM machine. It all depends on how busy the location is. The way to determine how many transactions your ATM machine will do is to take the amount of people walking into your business and multiplying that by .06. Most restaurants see at least 300 people a day, giving your ATM machine close to 20 uses a day. Keep in mind; you will also see a majority of the cash being withdrawn out of the ATM machine spent inside your business. How does everything all work? Regardless if you purchase or lease to own the machine. When you select your ATM merchant, you have the option to have the ATM machine come completely pre-programmed, where all you do is plug in the ATM and it's up and operational, or you can opt to have a technician to come out and do your installation. You set your surcharge, whatever you want to charge to use the ATM is totally up to you. You can set it as low as ZERO or as high as 10$! This is totally up to you, and that is your profit on the ATM. As far as the cash to stock the machine with- most people usually put about $1,000- $4,000 in at a time, but the machines hold as much as $16,000+. Let’s say you put $1,000 in the machine, and someone comes and takes $20 out of the machine, the $20 is put right back into your bank account. If it's taken out before 3PM it will be back in the following day, after 3pm is the day after. So the money is always being recycled through! We also set you up with a website/phone app where you can view your ATM in real time and see all transactions taking place. Owning an ATM is so simple!
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ATM Business Roadmap Overview Finding ATM Merchant Money to Buy & Fill ATMs Fixing Common ATM Problems Handling Disputes How Many ATMs Do You Need? Set Up ATM Business Finding Places for ATMs Deposit Money Into Your Bank Account Managing ATMs
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1. Finding the BEST ATM Merchant: ATM Processor: No Cost Fixed Cost Interchangable Reimbersment ATM Supplier: New ATMs Used ATMs Connection to Processor : Internet: Landline or Wireless 2. Money To Buy & Fill ATMs: Use You Own Money Use Someone Else’s: Partner, Private Lender, Credit Card, Bank Loan 3. Fixing Common ATM Problems: Service Contract Fix Them Yourself 4. Handling Disputes: ISO Usually Helps You Reports on ATM Back Office Will Help You 5. How Many ATMs Do You Need: # of ATMs for Retirement # of ATMs Needed to Replace Current Income
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# of ATMs For Extra Income
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  • Winter '16
  • Mrs. Law
  • Credit card, Automated teller machine, Personal identification number, smart card, ATM Business Mastery Course

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