Merchants are continuously looking for “tricks” to save some money even as they generate revenue? One clever way is to use the countertop ATM. It not only helps boost sales but also allows you to charge $2 to $4, or even more per transaction.
This novel and profitable method processes bankcard transactions with the help of cashless ATMs— also known as Point of Banking stations. Cashless “e-transactions” are highly convenient; a feature that will attract your customers to buy more thereby increasing your average sales per consumer.
After putting up a countertop ATM at you store, customers should run transactions like they would do at an ATM. For every valid transaction, a receipt is issued. Customers should then give this receipt to the register, make their purchase and receive the outstanding balance in cash.
Save Money
Countertop ATMs give merchants the rare opportunity to have customer’s pay the cost of transaction in form of a convenience fee. Consequently, the store owner saves hundreds to thousands of dollars per month in bankcard processing charges that should rather be sorted by the merchant as the credit/debit card acceptance fee.
Speed & Ease of Use
To ensure security and convenience, countertop ATMs utilize PIN-locked debit cards— which have recently taken over credit cards and outshined use of POS credit-card. Countertop ATMs are relatively swift and easy to use. You simply connect the ATM gadget to your power outlet and then to your land line then you can start in on processing bankcards.
Very Low Convenience Fees
Just like cashless ATMs, countertop ATMs has a low convenience fee. The customer incurs these charges so that the merchant doesn’t have to worry about paying processing fees. The low surcharge (50-90 cents) in countertop ATM machines makes it a fair choice for customers—they won’t complain of high charges. And to the merchant, this means you form good business rapports as customers will happily visit again.
In conclusion
Save more and earn more by adding a countertop ATM at you physical store. What’s more, customer love fast and efficient transaction solutions, why not make it happen for them?
Author Bio
Business Funding expert, Nathan Hale, founded First American Merchant with his eyes set on helping the backbone of our country, small business owners. His passions include writing/producing music, and travel. First American Merchant is America’s Countertop atm Company, serving both traditional and high-risk Businesses