Installing an ATM can increase traffic in any store. Loyal customers will always use your store premises to make monetary transactions. While buying things from your shop, they are less likely to use debit or credit cards as it will be easier for them to dispense cash from the machine within the premise. You may even get customers who will regularly visit your store to take out cash and they are more likely to get accustomed with your products and services which they might buy in the near future. Studies have shown that when the customers can withdraw money from an ATM in store, they are likely to spend more in shopping. An ATM machine can be a boon for both the business owner and the customer as the business will gain more traffic and it will be easier for the customers to have a convenient banking experience.
Footfall Increases with an In-Store ATM
When the need for urgent cash arises, the customers will search for the nearest ATM to take out cash. So, when your store have products and services which these customers are more likely to buy, they will not have to go out searching for an ATM. They will not even mind to pay some extra bucks at such time of crisis. Then, they will keep coming back, if not for shopping, but definitely for dispensing cash. Such convenient banking experience in their vicinity will force them to visit you again. This way, footfalls will definitely increase.
The Total Cost of Installing an ATM
Firstly, there is no relative risk of installing an ATM machine in your store premises. You will not have to pay any cash in order to install the same. The only thing you need to have is a space where you would like the machine to be installed. Also, the fun fact is these machines do not really consume much electricity. Also, if you want the machine to be a good looking one and something which will match with your décor, you can always choose the machines from the installation organization. But you need to understand that the installation process should follow proper rules and the inspection of the space is done by the installation organization. Only then the whole process will be completed without any troubles.
Customer Spending Increases
Installing an ATM in your business premises is an excellent way to increase customer spending. These machines are customers’ best friend as they allow them to take out cash at any given moment. These machines are flexible, convenient and are a trusted mode to dispense money. When you wish to get more footfalls in your store, you must satisfy the customers with your services. When they get an ATM in handy at your store, they will visit every now and then. According to studies, these ATM machines also increases overall sales of a business by almost 8-9%. Individual ATM users also spend around 25% more money on their purchases.
It’s actually very easy to decipher the real benefits of installing an ATM in a business premise. However, one also needs to be really informed about the whole process of purchasing, running and maintaining the machine on a regular basis. If you install the machine from a reputed ATM installer, the maintenance process will be fully carried out by them and hence, you will not have to worry about it later. It will be their job to see whether the machine is working properly or not on a regular interval.
Therefore, once you decide upon installing an ATM in your store, make sure that you search for the most reputed ATM installer in America. You should make some research as only then you will be to get the best of services which they usually offer.