American ATM-NATIONAL ATM PROCESSING
Call us at 1-866-559-4085
1. What are the main reasons I could benefit from owning or leasing an atm?
Best of all; receive surcharge revenue for every transaction.
2. Are there any monthly charges for my new ATM?
No monthly fees, no per transaction charges for transaction processing! The only possible fee is a charge-back when the ATM malfunctions and the customer is shorted-money (a very rare occurrence, on average 1 per 24,000 transactions!). Depending on the network, the industry wide fee can range from $5 up to around $35. This charge however comes directly from the networks and is passed on to all processors/ISO's.
3. What’s included with each ATM purchase or ATM lease?
TWO YEAR WARRANTY ON PARTS FOR Hyosung 1800's and 2700's! That is double the manufacturer warranty and only offered through us!
4. When, and how much can I be paid with my own ATM?
Once the new ATM has been in service for one month, you will receive a detailed monthly report that details the total number of transactions, total cash dispensed and total surcharge revenue earned for the month. You will make 100% of the surcharge revenue generated by your ATM (automated teller machine). You will receive your commissions along with your detailed statement summary around the 20th of each month.
5. How do I load my ATM?
Once your ATM is installed – you will be trained on the procedure of loading cash into your new ATM machine. Your money will be re-deposited back into the bank account of your choice on a daily basis as customers withdraw cash from your ATM. During the regular work week, your cash will be re-deposited back into your account within 24 hours from the time it was withdrawn from the ATM. All weekend transactions which include Friday, Saturday and Sunday, will be deposited the following Tuesday.
That generally depends on the amount of foot traffic your location has on a daily basis. The rule of thumb goes like this. 3% - 5% of the foot traffic that actually sees the ATM machine will use the ATM. So let’s figure that you have a total of 300 people a day coming through your doors, and let’s say that you are charging a $1.75 surcharge per valid withdrawal. If you take the middle road that 4% of the people that see the ATM machine will use it. Then you can count on your new automated teller machine to generate you a minimum of 360 transactions per month at $1.75 per valid withdrawal. That comes out to $630 per month or a total of $7,560 per year. All that from one ATM machine at one location.
7. How secure are ATM Machines from theft?
ATM machines are broken down into two different types of ATM classifications.
Level 1 armored ATM: Level 1 ATM’s are used primarily as outdoor ATM’s. Such as outdoor entertainment districts, outdoor flea markets, outdoor concert and events, etc.
Non-armored ATM's: Non-armored ATM’s are used primarily for indoor locations that are closed to the public when employees are not present. Such as indoor malls, movie theaters, night clubs, restaurants, bars, etc. Good examples of non armored ATM’s s the Hyosung NH 1800.
Don’t be overly alarmed at the prospect of a smash and grab or break-in. These machines are still heavy duty for the average threat posed by a criminal.
If the ATM is owned entirely by you, then yes you can. It would be up to you to find a co-brander but the network stickers required for every ATM must remain the same as those issued to you when your terminal is placed on our system.
9. My company accepts credit cards - Is it still worthwhile to place an ATM Machine?
Absolutely! This will not only put available cash in the hands of your customers, but it will also help save you money on your credit card processing fees.
10. What kinds of reporting tools do you offer?
We offer real-time online transaction statistics. You will be able to view over a dozen different reports such as detailed transaction history, low cash alerts, monthly transaction totals, etc. If you have any questions about our online reporting tools, please contact us.
11. Whose is responsible for machine repairs and regular maintenance?
When you own the ATM, then you are responsible for repairs and maintenance. Please remember, each new NH1800 or 2700 ATM comes with a full parts warranty for two years, we DOUBLE the manufacturer warranty.** No one else does that. Plus, because of the quality of the machine we sell, most repairs and maintenance can be done with a technician over the phone. Don’t worry; we help lots of people who don’t have computer or ATM machine experience. With the proper guidance, it’s not too difficult. We help you every step of the way.
12. Do I have to buy a machine or can I lease one?
You can lease of course. But keep in mind that you are basically financing it. Lease rates, terms and conditions vary from one lender to another but in general, expect to pay a $75 application fee and approximately $95 a month for a 4 year lease to $85 a month on a 5 years on a lease. It is far more cost effective to purchase outright.
With our highly competitve pricing for distributors, tech support, our warranty and free paper service (distributors with 5 or more machines), you are certain to out-compete anyone for winning a merchant account. The benefits are real and they can seamlessly integrate into your own Company's offerings.