If you don’t stock the ATM with cash yourself,
Posted: Sun Jan 19, 2025 9:27 am
If you don’t stock the ATM with cash yourself, you will have to pay a service to do it. This can cost you $35-$60 per trip. It’s important to keep your ATM stocked with cash, because if you don’t you will lose out on surcharge fees and possibly repeat customers. Having a cash service stock your ATM once a week could cost up to $240 per month.
Paying someone else to stock your ATM is really something you only want australia whatsapp number data do if you can’t do it yourself.
Receipt Paper
Receipt paper is another cost associated with owning an ATM. These print out with every successful transaction, but also for every transaction that’s denied and even if people want to check their balance. Estimate receipt paper could cost you up to $10 per month.
Total Monthly Costs
Assuming you will stock your own ATM with cash, you can estimate $20 for phone or Wi-Fi fees and $10 for receipt paper for a total monthly cost of $30 for your ATM. This is an annual cost of $360 to run your machine.
If you lease instead of buying, your monthly costs will be around $100, assuming you are paying $70 in monthly leasing fees. The leasing option adds up to $1,200 in annual costs.
Paying someone else to stock your ATM is really something you only want australia whatsapp number data do if you can’t do it yourself.
Receipt Paper
Receipt paper is another cost associated with owning an ATM. These print out with every successful transaction, but also for every transaction that’s denied and even if people want to check their balance. Estimate receipt paper could cost you up to $10 per month.
Total Monthly Costs
Assuming you will stock your own ATM with cash, you can estimate $20 for phone or Wi-Fi fees and $10 for receipt paper for a total monthly cost of $30 for your ATM. This is an annual cost of $360 to run your machine.
If you lease instead of buying, your monthly costs will be around $100, assuming you are paying $70 in monthly leasing fees. The leasing option adds up to $1,200 in annual costs.