subject: Benefits of having an ATM in your Australian business [print this page] Benefits of having an ATM in your Australian business
The many benefits of having an ATM in your Australian business.
There are a large number of benefits of having an ATM installed in your business. People from all walks of life always need access to their money. These people generally use an ATM to access the money they have stored in their bank accounts.
In Australia unless you use your own banks ATM you will be charged a fee to use an ATM. This fee is an opportunity that all business owners in Australia can get a piece of. By installing an ATM in your business, every time someone uses your ATM, you will be paid part of the transaction fee charged to the ATM user.
This in itself provides an additional revenue stream to your business. There are a lot of other benefits to having an ATM in your business though.
A main benefit is that having an ATM in your business will increase your customer foot traffic. For example, if you have an ATM in your service station. An ATM user will come into your service station to withdrawn cash. While they are there it is likely that they will spend money in your service station. Maybe purchasing milk, or a newspaper etc.
Another benefit, is the fact that your customers will not have to leave your business premises to find an ATM elsewhere. This is particularly useful if you own a pub, club or hotel. Your customers can stock up on cash without having to leave your venue. This means that they are in your venue for longer, and have more cash on them. It is vital to have an ATM if you own a pub, club or hotel.
Another benefit is reduced merchant or EFTPOS costs. Due to your customers having their own cash, you are not required to process credit card or debit cardtransactions. This also means that your staff are not tied up doing these transactions and can work faster and serve more customers.
Private ATMs often give the business the opportunity to print free advertising when a customers uses the ATM. This can promote special offers and new products. This help increase revenue in your business.
For further information and details of how to get an ATM in your Australian business see: http://www.getanatm.com.au
