Many business owners shy away from operating an ATM because they have misconceptions about what is involved.
First off, you don't need $30,000. In fact most private ATMs are loaded with just $2,000 to $5,000 bi-weekly.
This money is not a cost: it re-circulates from your ATM to your account. Often, owners take cash from daily sales and actually save the cash deposit fees charged by many banks for cash deposits. (typically $2 per $1,000 in cash deposited is charged on most business accounts)
Its doesn't take a long time. Typically it takes less than 5 minutes to load the cash and update the cash status on the ATM.
Balancing the ATM is simple. You can balance the cash in the ATM anytime with cassette reports. We also provide monthly detail reports and you always have live access to reports on the secure website.
Some potential ATM owners are concerned about security: ATM are secure vaults: all our ATMs are UL291 certified vaults with high security locks. Many owners use the ATMs as safes to store things!
We show operators how to take simple precautions when filling ATMs to maximize security.