![]() ![]() ![]() If you rent the ATM, the business that maintains the machine (fills it with cash, repairs it, etc.) receives some of the money. However, business owners typically don’t receive the whole fee. “The simplest way to conceptualize earning a commission is when a person uses an ATM, there is a ‘surcharge,’ a fee for using the ATM.” “When a business allows an ATM to be placed at their location, they have the opportunity to earn a commission,” said Paul Carriere, an attorney at Favret Carriere Cronvich. When people use an ATM, they typically pay a fee between $2 and $3, which is how businesses make most of their money through these machines. But how profitable is an ATM?Įditor’s note: Looking for more information on ATMs? Fill out the questionnaire below and our vendor partners will contact you. It can attract more customers and make money for your business. Business owners should always be on the lookout for ways to make more money, and some business owners look to ATMs (automated teller machines) to increase their passive income.īrick-and-mortar businesses - such as restaurants, gas stations and nail salons - may benefit from having an ATM. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |