Why Install an ATM in a Large City

1. High Foot Traffic = More Transactions

Major cities are bustling with tourists, commuters, and residents who rely on cash for convenience. More foot traffic means more ATM withdrawals, leading to higher surcharge revenue for business owners.

2. Increased Revenue for Businesses

Having an ATM machine on-site encourages customers to spend more money. Studies show that people who withdraw cash from an in-store ATM are likely to spend 20-25% of it at that location.

3. Demand for Cash is Still Strong

Even in the digital age, many businesses, such as bars, nightclubs, convenience stores, and food trucks, still operate on a cash-preferred basis. An ATM ensures customers have access to cash when they need it.

4. Reduced Credit Card Fees

Credit card processing fees can take a cut out of business profits. By offering an ATM, businesses can encourage cash payments, reducing transaction fees and boosting overall profitability.

5. Passive Income Potential

Each transaction at an ATM generates a surcharge fee for the owner. In high-traffic areas, this can increase quickly, making it a low-maintenance, passive income stream.

6. Enhancing Customer Convenience

Customers appreciate the convenience of having easy access to cash. A well-placed ATM can increase foot traffic, improve customer retention, and enhance the overall experience of your business.

Get Started Today!

As a business owner, you have a variety of opportunities at your fingertips. If you’re interested in owning an ATM machine in one of the biggest cities on the East Coast, contact Carolina ATM today!