Benefits Of Having An ATM In Your Establishment
When your customers need to get cash, where do they go? Whether you are in the convenience store, grocery, bar, nightclub or hospitality industry, an ATM is an essential part of your profit equation. People do not go to banks and stand in line to get cash the way they used to; instead, they look for locations that have ATMs.
Having an ATM cash machine is like having another profit center in your business. With Free ATM Placement, even low-traffic locations can see substantial benefits simply by having an ATM machine inside their establishment.
Increased in Customer Traffic
Customers will no longer stop at a competitor's establishment to get cash (and spend it there). Customers will instead stop at your place of business because you can accommodate their cash needs.
Increased in Customer Spending
According to a 7-11 study, ATM users spend 25% more than non ATM users. If someone withdraws cash, they usually end up spending some of the money in that business.
Lower Credit Card Fees
Because businesses with ATM machines see fewer credit card transactions and more cash spending, business owners save money in credit card processing fees. Credit card transactions cost between 2%-3% of a purchase.
Reduced Bad Debt
Cash does not bounce. When a customer uses cash, your risk of chargebacks, disputes, and bad checks are reduced or eliminated.
ATM Surcharge revenue
Every time a customer uses your ATM, you receive a percentage of the transaction fee, or “surcharge”, of about $2.50.* For high traffic locations, this can add up to a significant profit every month
Time Saver
An ATM can save your employees' time by not having to run a credit card at customer checkout. It also saves the time of the customer because they are able to access cash as well as make a purchase all in one location.
Improved Business Image
By providing useful services for your patrons, your image is improved. One reason people patronize your establishment is value. An ATM adds value to your establishment.
Customer Retention
Your customer will no longer have to stop at your competition to get cash. Approximately 10% of people who leave to get cash come back.
Allpoint Access
Allpoint provides greater access, convenience and savings to customers of financial institutions while providing institutions the tools to compete more effectively for customers. It includes over 55,000 ATMs in leading national and regional merchant locations across the United States, Canada, United Kingdom and Australia with free App to help locate the ATMs.
Merchants benefit by including their ATM programs in the Allpoint network as well. With well over 1,000 financial institution customers representing millions of consumers, the Allpoint network is a proven driver of traffic to network ATMs and the stores they reside in. Now you can experience the same benefits all the big retailers such as Target, CVS/pharmacy, wallgreens, Kroger, 7-Eleven, Hess, Sunoco, Aplus, Costco and Safeway by Having a Surchage-Free ATMs place for free in your establishment.
Visit the Allpoint website to learn more about Allpoint.
Some ATM Facts And Figures
To learn how you can benefit even more from our different Placement Programs, simply fill our Contact Form and one of our associates will be in contact with you as soon as possible.
When your customers need to get cash, where do they go? Whether you are in the convenience store, grocery, bar, nightclub or hospitality industry, an ATM is an essential part of your profit equation. People do not go to banks and stand in line to get cash the way they used to; instead, they look for locations that have ATMs.
Having an ATM cash machine is like having another profit center in your business. With Free ATM Placement, even low-traffic locations can see substantial benefits simply by having an ATM machine inside their establishment.
Increased in Customer Traffic
Customers will no longer stop at a competitor's establishment to get cash (and spend it there). Customers will instead stop at your place of business because you can accommodate their cash needs.
Increased in Customer Spending
According to a 7-11 study, ATM users spend 25% more than non ATM users. If someone withdraws cash, they usually end up spending some of the money in that business.
Lower Credit Card Fees
Because businesses with ATM machines see fewer credit card transactions and more cash spending, business owners save money in credit card processing fees. Credit card transactions cost between 2%-3% of a purchase.
Reduced Bad Debt
Cash does not bounce. When a customer uses cash, your risk of chargebacks, disputes, and bad checks are reduced or eliminated.
ATM Surcharge revenue
Every time a customer uses your ATM, you receive a percentage of the transaction fee, or “surcharge”, of about $2.50.* For high traffic locations, this can add up to a significant profit every month
Time Saver
An ATM can save your employees' time by not having to run a credit card at customer checkout. It also saves the time of the customer because they are able to access cash as well as make a purchase all in one location.
Improved Business Image
By providing useful services for your patrons, your image is improved. One reason people patronize your establishment is value. An ATM adds value to your establishment.
Customer Retention
Your customer will no longer have to stop at your competition to get cash. Approximately 10% of people who leave to get cash come back.
Allpoint Access
Allpoint provides greater access, convenience and savings to customers of financial institutions while providing institutions the tools to compete more effectively for customers. It includes over 55,000 ATMs in leading national and regional merchant locations across the United States, Canada, United Kingdom and Australia with free App to help locate the ATMs.
Merchants benefit by including their ATM programs in the Allpoint network as well. With well over 1,000 financial institution customers representing millions of consumers, the Allpoint network is a proven driver of traffic to network ATMs and the stores they reside in. Now you can experience the same benefits all the big retailers such as Target, CVS/pharmacy, wallgreens, Kroger, 7-Eleven, Hess, Sunoco, Aplus, Costco and Safeway by Having a Surchage-Free ATMs place for free in your establishment.
Visit the Allpoint website to learn more about Allpoint.
Some ATM Facts And Figures
- ATM customers spend an average of 20%-25% more than non ATM users
- 40% of ATM users go to the ATM machine on average of 10x per month
- Stores with ATM's increase sales by over 8%
- ATM users tend to use the same ATM machines repeatedly
- Customers enjoy the convenience of an ATM in the store they patronize
- There are no returned checks with an ATM
- You reduce or eliminate credit card processing fees with an ATM
To learn how you can benefit even more from our different Placement Programs, simply fill our Contact Form and one of our associates will be in contact with you as soon as possible.
