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10 Reasons to Put an ATM in Your Restaurant

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10 Reasons to Put an ATM in Your Restaurant

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  1. Reduce slow days at your place of business. If you run a restaurant, find more ways to get people to your joint. One way to do that is to install an ATM. Here are ten of the best reasons you should invest in a good one. Affordable Options There are companies that offer ATMs for sale. With such good prices, you’ll have an easier time finding options that fit your budget. You won't have to lose sleep, trying to stretch a dollar and wondering how you’ll be able to afford an ATM with your funds. Second-Hand Options There are also second-hand options from a trusted source. That saves you money while getting you the cash machine you want. By installing an ATM, you encourage more customers to pay in cash.

  2. Prevent Transaction Charges When customers pay with a credit or debit card, the transaction costs come out of your pocket. That’s money that doesn’t go to your revenue. With an ATM nearby, though, you make it convenient and easy for customers to pay in cash. By offering them incentives and promo deals, they’ll easily switch to cash. Get More Foot Traffic ATMs draw more people to your restaurant. If it’s nearer to them than the bank, then they’ll pick your ATM instead. If you position the machine just right by the door, though, customers will get a view of your restaurant, menu, or that day’s special. For some, that’s enough to get them to sit down for a meal and start ordering. Offer Convenience If a customer runs out of cash or doesn’t have one yet and is meeting friends over, they can meet up at your restaurant. Clients will find it easy to just walk to the ATM that’s already beside or inside your restaurant to withdraw money for their needs.

  3. Enjoy Surcharge Revenue ATMs earn you money through the surcharges. It’s only a few dollars at a time but imagine if a lot of people used your machine? Then that’s going to amount to a lot. That’s money that you earn with little effort. Trounce Your Competitors You have competitors in the area. Installing an ATM at your restaurant is one way to give yourself an edge over all the other restaurants. If you want to stand out from the rest, then investing in an ATM is a good move to make. Discourage Checks With an ATM, it’s easy enough to discourage customers to pay you in checks. Checks could bounce, after all. Aside from that risk, processing those checks and the stress of finding out it bounced all take time. That’s time taken away from your business. If you have an ATM, though, customers can just withdraw money. Reduce Stress An ATM improves foot traffic. That helps reduce your stress levels. Seeing people coming to your restaurant for the ATM only to stay for a meal puts you at ease. It helps you squash any worries you’ll have that the restaurant might close. Save Time With an ATM, customers won’t have to go anywhere. They can withdraw money from the machine, pay you and be off on their way.

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