• WHO DO YOU CALL? Genesis offers the most comprehensive customer service in the credit card payment or payroll industries!
  • IS YOUR ORGANIZATION OPTIMIZED?We offer seamless integration between credit/debit card processing, accounting software, payroll services, and loyalty programs!
  • ARE YOU IN TOUCH WITH THE TECHNOLOGY REVOLUTION?Genesis is leading the way in cutting edge innovations and the most advanced equipment in the industry!
  • WHO DO YOU CALL?Genesis offers the most comprehensive customer service in the credit card payment or payroll industries!
  • IS YOUR ORGANIZATION OPTIMIZED?We offer seamless integration between credit/debit card processing, accounting software, payroll services, and loyalty programs!
  • ARE YOU IN TOUCH WITH THE TECHNOLOGY REVOLUTION? Genesis is leading the way in cutting edge innovations and the most advanced equipment in the industry!
contactus Call anytime: (800) 735-8077
FAQ ATMs

ATM Placement and Service

 

Q - What are the main reasons I could benefit from owning or leasing my own ATM?

A - Here are some of the benefits of having an ATM in your business or location.

  • Allows your customers access to their available cash from their debit, bank and credit cards.
  • Keeps your customers in-house so they don't leave your location to get cash from a different ATM nearby.
  • Increases retail sales by up to 50% of the amount withdrawn from your ATM.
  • Reduces or eliminates the need to accept checks.
  • Reduces credit card usage and credit card fees and expenses.
  • Generates store traffic from walk by traffic.
  • Increases your customer satisfaction and loyalty.
  • Best of all; receive surcharge revenue for every transaction.

 

Q - Are there any monthly charges or hidden monthly fees for an ATM?

A - No hidden fees, no monthly fees, no per transaction charges for transaction processing. The only long term fees you will have will be for the dedicated phone line, electricity and keeping it stocked with cash and receipt paper, which we provide for free for life.* (as long as you process your transactions with us, we will supply free receipt paper for life.)

 

Q - What's included with each ATM purchase or ATM lease?

A - Free Shipping & Installation, Free ATM Lighted Neon Sign, Free ATM Lighted Topper, Free Online Web Reporting, Free Receipt Paper For Life, Free Processing - No Fees

 

Q - When, and how much can I be paid with my own ATM?

A - You will make the agreed upon % of the surcharge revenue generated by your ATM (automated teller machine).  You will receive monthly residual checks along with your detailed statement summary each month.

 

Q - How do I load my ATM?

A - 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 24-48 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.

 

Q - How much revenue can I expect to generate from an ATM placement?

A - 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 $2.25 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 $2.25 per valid withdrawal. That comes out to $810 per month or a total of $9,720 per year. All that from one ATM machine at one location.

 

Q - How secure are ATM Machines from robbery?

A - 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 are the Triton 9100 ATM and the Tranax Mini Bank 1500 ATM.

 

Q - Can I co-brand my ATM with my company name?

A - If the ATM machine is owned entirely by you, then yes you can.

 

 

 

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Genesis Sourcing Solutions is a registered ISO/MSP in association with Fifth Third Bank, Cincinnati, OH.