Benefits of an ATM in your Business
Earn Monthly Revenue
Having an ATM in your location will gain you revenue on a monthly basis provided along with a report. The tangential reasons for having an ATM are numerous and the benefits are not just financial.
~ Increase Average Spent
An ATM customer will spend a substantial portion of site-accessed money with your business and they may purchase more items, especially impulse purchases like snacks, gadgets, souvenirs, and reusable bags.
~ Increase Traffic
When you add an ATM machine to your business, you draw new customers who might stop by specifically because of that ATM. BBVA registers it with Google to advertise that you offer ATM services, and you appeal to a whole new range of customers aside from those who might want and need the services of your actual store.
~ Save Money on Credit Card Fees
If you offer access to cash in your store, you encourage more cash payments. More cash payments mean less credit card transactions, less fees, and eliminates chargebacks.
~ Improve Safety
People who need to use an ATM machine want to feel safe and comfortable doing so. Most ATM users feel safer using a machine that is located in or near a trusted store or business that has surveillance, lighting, and a good reputation.
ATM Facts
~ Increase Average Spent
- The typical ATM customer will spend 15% more than a non-ATM customer in a convenience store. This percentage rises in a bar, nightclub, or restaurant location.
~ Liked By Consumers
- According to a recent survey, 43% of customers prefer to receive cash from ATMs regardless of whether or not their bank is open.
~ Young Adults Use ATMs The Most
- 60% of Americans between the ages of 25 and 34, and 51% between 35 and 49 use ATMs an average of 8 times a month.
~ Frequent Users
- Half of adult Americans use ATM machines on a regular basis; higher income Americans use them most often.
- 40% of regular ATM users will visit a machine an average of 10 times per month.
ATMs provide convenience to your customers.
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