Frequently Asked Questions
Why should I purchase an ATM?
Automated Teller Machines (ATM) are a proven way to increase foot traffic and to attract new customers into your business. It is also known that 20-25% of the money dispensed by the ATM is then spent in your business. Some other benefits of purchasing an ATM include eliminating point of sale (POS) credit card fees, NSF check fees and check fraud.Overall, purchasing an ATM for your business will increase foot traffic, increase sales, generate additional revenue and eliminate POS fees and check processing fees. Increase your monthly profit by calling today 1-800-851-4751
What is included with my ATM purchase?
With each sale, Automated Financial includes the following:- Automated Financial will ship, install and activate the ATM FREE of charge, as well as train you and/or your staff.
- With each sale or lease a FREE supply of thermal receipt paper is included for term of the processing contract as well as a 1-year parts and 90 days labor warranty for repairs and maintenance. Extended warranty programs available upon request.
- Please contact us for other current specials.
What start up costs am I responsible for?
Start up Costs include:- The cost of the ATM equipment.
- Installation of a dedicated phone line within 2 feet of the ATM installation site. NOTE: THERE ARE NO LONG DISTANCE CALLS MADE BY THE ATM, ONLY TOLL FREE CALLS.
- ATM will also need one (1) dedicated operating electrical power outlet (110v) also within 2 feet of the ATM site if one is not already provided.
How does the money I supply to the ATM get back into my bank account?
To fully understand how the money dispensed from your ATM cycles back into your account you need to understand how an ATM transaction occurs. The following is a step-by-step explanation of how an ATM transaction is processed:- A customer requests cash from your ATM by inserting an ATM/Debit or Credit card into the dip reader on the ATM.
- The ATM will place a call to the processing center that routes the transaction to the appropriate national/regional network for approval.
- Upon the approval of the customer's bank, the ATM will dispense the amount requested.
- This information is then sent to the customer bank and to the Federal Reserve's automated clearing house (ACH).
- The amount the customer withdrew is then electronically deposited into your checking account the next business day.
When will I get paid?
At the end of each month you will receive a monthly statement that will show a breakdown of your transaction volume and your net profits for the month. You will receive your residual income on the 20th of each month for the previous month's activity. Call our toll free number 1-800-851-4751 today to find out how much you can earn per month.These are just a new of the commonly asked questions. We know that each customer will have different questions pertaining to their particular business. We encourage each of our curtomers to contact our office should you have any other mone specific questions that need answering prior to making this important decision. Contact us at 1-800-851-4751 or email your questions to info@atmconnection.com
