Quick Facts on ATMs
- On average, greater than 37% of cash dispensed from an ATM is spent within the store.
- Surcharge revenue generated by an ATM should cover the cost of the ATM.
- ATMs help control bad debt. Cash does not bounce and those pesky bad checks are no longer a problem.
- Estimated size of global ATM industry: $14-$15 billion in the United States
- A new ATM is installed every 6 minutes
- Average user withdraws cash from an ATM 10.6 times per month
- Worldwide: 49 billion ATM cash withdrawals are made annually
- ATMs are easily tracked with new website monitoring tools helping you manage your ATM machine effectively and efficiently.
- Customer Service and technical service is backed by the largest, privately held ATM Company in the country with over 30,000 ATMs nationwide.
“So Your Customers Spend More Money”
Maybe you didn’t realize it until now, but your business may not be capitalizing on its full potential. Bentwood Financial Group has several ATM programs that give merchants real revenue, while increasing customer traffic. Whether you wish purchase or lease machines or want a “full service” solution where we can do it all Bentwood will put the power of instant cash in your customers’ hands, so they can spend it at your store.
It happens all the time. Let’s say you own a convenience store and a customer decides to make an impulse buy but with no ATM machine, the customer leaves since one is not readily available. Once the customer gets in the car to leave, chances are they won’t be back. Impulse buys account for a large percentage of a store’s success including restaurants, bars, hotels, retail shops and malls, or really any place with 500 customers or more per day.
A perfect candidate for Bentwood ATM Card Services:
- Convenience Stores: ATMs help increase impulse “high margin” non-fuel purchases.
- Grocery Stores: High customer traffic and larger per-ticket amounts equate to a need for steady cash in hand.
- The Hospitality Industry: Of course, travelers need cash! Hotels and motels benefit from surcharges and impulse purchases.
- Retail Locations: Wherever there is a retail store, there is bound to be higher volumes of foot traffic. Points of purchase equal a need for cash and the opportunity for surcharge income.
- Amusement Parks and Theaters: How are folks supposed to tell their kids ‘No’ when they are emotionally charged at the amusement park? From ticket counters to concession stands, ATMs help drive frequent purchases and additional income.
ATMs can generate a significant amount of additional income for your business, as customers love spontaneous purchases and readily accessible cash; anywhere and anytime. A number of easy acceptance programs are available and can be designed to fit your business goals, as well as your budget.
Jump on the bandwagon and check out Bentwood’s ATM Card Services to put the power of instant dollars in your customer’s hands… so they can spend it at your establishment.
