Buying an automated teller machine (ATM) and managing it on your own comes with different challenges such as staying up to date with changing technologies, improving service levels, and mitigating risks. However, partnering with an ATM company can help streamline the process and it gives you the ability to focus on your core business. Here are the top benefits of partnering with an ATM service company.   End-to-End Support Partnering with an ATM company might work well for businesses that want to avoid the hassle of buying and maintaining an ATM. This is because the company you select doe ..read more

If you plan to start an ATM business or already have an existing one and are looking for an ATM processing company, you get several alternatives from which to choose. However, since not all function in the same manner, it’s important that you compare your options well. If you look at the best ATM processing companies, you’ll notice they have a few things in common.   Options Aplenty Every good ATM processing company holds the capability to process transactions through major payment networks such as MasterCard, Visa, American Express, Cirrus, Maestro, NYCE, Star, Shazam, and Accel. Besides ..read more

Can a debit card be used as an ATM card? The short answer is yes. However, while both give cardholders access to funds in their bank accounts, there are differences. Besides, the debit card vs. ATM card comparison affects consumers and merchants alike.   Is an ATM Card and a Debit Card the Same? ATM and debit cards are not the same. While an ATM or a bank card is linked only to a bank, a debit card is linked to a bank as well as a payment processor such as Visa or Mastercard. One of the main differences is where you may use both cards, and in this aspect of t ..read more

Anyone who’s interested in starting an ATM business needs to consider various factors. For instance, while some prefer buying an ATM or more at the very onset, others start off by renting or leasing these machines. Besides, you also need to think about where you will place the ATM in order to attract maximum foot traffic. No matter which path you decide to take, it’s important that you look at the pros and cons of an ATM business.   Benefits of Owning ATM Machines There are multiple benefits of owning an ATM business. For instance, an ATM can help your existing business by increasing foot ..read more

If you plan to enter the ATM business by investing in one or more ATMs, you’ll need to work with an ATM processing company. A good company can not only help you narrow down on suitable machines, but can also help with their placement and ongoing maintenance. As a result, it’s important that you compare multiple ATM providers before making a selection. What Does an ATM Processing Company Do? If you need help in buying an ATM, you may expect a good ATM processing company to guide you in the right direction. In addition, it’s common for the best in the business to double up as ATM placement compa ..read more

No matter whether you choose to lease or buy an ATM, you may look forward to multiple benefits. This is because ATMs are an integral part of our everyday lives, and easy access to one’s own money is always welcome. Besides, they give your customers a convenient alternative to pay.  From a business owner’s perspective, owning an ATM or getting one on lease also requires looking at how the options compare against each other. Pros of Leasing or Owning an ATM Owning an ATM business, even if you use a network of leased ATMs, comes with different advantages. For example, if your business accep ..read more

Given that the interest in cryptocurrencies continues to grow, an increasing number of people are thinking about starting bitcoin ATM businesses.  These ATMs give customers the ability to buy and sell bitcoins and other cryptocurrencies, and their operation is in line with how conventional ATMs work. What helps is that starting a bitcoin ATM business might not be as complicated as you imagine. How to Start a Bitcoin ATM Business? Since buying a maintaining a bitcoin ATM comes with its share of potential drawbacks, partnering with a reputable bitcoin ATM operator might be in your best inte ..read more