Are you wondering how to buy an ATM? Do you already have an ATM that is owned and operated by someone else? Would you like to own it and keep the income that it produces? Do you wish you could be the bank? These simple steps will teach you how to buy an atm for your business.

how to buy an ATMStep 1– You need a bank account. Checking, savings, business or personal. Its up to you. You need a bank account so that the money that your ATM dispenses, can be returned to you. Very simple.

Step 2– Buy or Lease an ATM. First off- if you plan on purchasing used equipment, we recommend that you do not purchase the first one you see on craigslist. ATMs must be compliant with todays network regulations. They must be ADA compliant, TDes complaint, and should be EMV ready. If you do not know what these terms mean or which models are complaint…..do not buy a used ATM with out speaking to an expert. We can not stress the importance of this and it is always unfortunate when people call our office and tell us about their great craigslist ATM deal. We hate to break the bad news that their ATM is nothing more than a big paperweight. In addition good and complaint used equipment normally is not that much less than new equipment, so it may just make sense to buy new, before you buy used. We find that after educating our customers, most of them purchase new equipment.

Step 3– The most important step is to contact a reputable ATM company like Best Products that can program your ATM. Programming should be done by a trained service technician to avoid costly errors. Programming is what links your bank account to your ATM. Done improperly, your ATM could dispense the wrong denomination, it could be linked to a different owners bank account, and could cost you more money than the ATM even cost. Hiring a qualified company like Best Products, can save you headaches down the road.

Step 4– Install your ATM. Best Products normally secures the ATM to the floor with lag bolts or concrete anchors. As always, installations are included when you buy an ATM from Best Products.

Step 5– Fill your ATM and start earning surcharge income. We normally recommend that you start out with at least $1000 in vault cash. This of course is just a starting point and will change by frequency of loading and the daily dollar amount dispensed. If your ATM requires more than $1000 per day…..well thats a good thing. Your will make more money in surcharge income.

 

Thats it. Owning an ATM is that simple. If you are in the market for an ATM Best Products represents every manufacturer for new equipment, as well as we have a large selection of fully compliant refurbished equipment. Give us a call today and start making money like the banks!

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