The Benefits of Adding an ATM to your Retail Location
Research shows that ATM customers spend more on average than non-ATM customers. In fact, ATM users are shown to spend 20-25% more in convenience stores alone!
Adding an ATM to your business location is likely to boost profits, as the ease of withdrawing money from your ATM keeps customers inside your business. Research shows that over 60% of cash withdrawn from ATMs in social settings is spent within that location. Having an ATM also allows them to easily pay for cash-only expenses!
Encouraging customers to pay for goods in cash also increases your profits by decreasing the amount of credit card processing fees your business has to pay. Your business can also enjoy the extra revenue from the use of your ATM placement with the ability to get paid on surcharge -free transactions. The average 24 hour convenience store sees approximately 3000 transactions per month at their ATM, each having the potential to add revenue to your business.
If you are interested in adding an ATM to your retail store, please do not hesitate to contact us at 864.940.0407 to speak to an AOne ATM Professional today. We place fully managed ATMs in convenience stores, bars, nightclubs, restaurants, grocery stores, and even federal buildings all across the United States.