10 reasons to put an ATM in your restaurant

10 reasons to put an ATM in your restaurant https://wahospitality.org/wp-content/uploads/2015/04/4.-Automatic-teller-machines-940x198.jpg

The average ATM customer will spend a substantial portion of site-accessed money with your business.

The typical ATM customer will spend over 15% more than a non-ATM customer in a bar or restaurant. With an average withdrawl of $60.00 per transaction, this adds up to real money in your pocket.

ATM machines bring customers to your business so that they may access the ATM.
ATMs generate new store traffic from walk-by traffic. Customers who know you have an ATM may choose your business over those without one simply to save themselves an additional trip to access cash.

ATMs provide ultimate convenience to your customers.
The more services you offer, the happier your customers will be.

Having an ATM machine saves your business from having to take checks.
ATMs reduce the hassle of taking checks, along with losses from bad checks.

An ATM can help you reduce credit card chargebacks.
Customers using cash reduces the potential for charge disputes, helping you preserve your profits and avoid chargeback fees.

Save your business the percentage you would normally pay the bank on credit card transactions.
Credit card companies charge most restaurants a 1-3 percent fee. Less fees means that you get to keep more of the money you’ve earned.

ATMs generate income with every transaction through surcharge revenue.
Sure, it may be only a few dollars at a time, but if 100 or so people use your restaurant ATM each week, you’ll end up collecting hundreds of extra dollars weekly. Why not add a no-hassle additional revenue source to your business?

Having an in-store ATM keeps customers from leaving your business to access funds.
Customers leaving to use nearby ATMs means less time spent in your location, and they may be more likely to cut their visit short. Additionally, the ATM owner down the street is collecting surcharge revenue that could be yours.

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