Cashless ATM Machines

Cashless ATM Machines, aka, scrip machines or Point of Banking (POB) terminal is an alternative to a traditional ATM machine.

What is a point of banking scrip, cashless, ATM machine? A scrip machine holds no cash but works identical to the process of a traditional ATM machine.

Cashless ATM

Traditional ATM

Benefits. Accepting a pin based transaction through the cashless ATM is essentially the same as receiving cash. Benefits include:

• Provide ATM services without the cost of purchasing an ATM
• Eliminate credit card merchant fees
• Earn additional income from the surcharge to the customer. (surcharge amount is decided by owner)
• NO CHARGEBACKS, EVER

How do I get the money? The cash is deposited directly into your bank account in three business days as a cash transaction.
Industries that would benefit from a Cashless ATM include:

• Cash Based Businesses;
• Security concerned businesses
• Marijuana dispensaries
• Low volume retail locations
• Specialty shops
• Small shops with no room for an ATM
• ANYONE NOT WANTING TO PAY CREDIT CARD PROCESSING FEES OR THE COST OF AN ATM

Why would I want this as opposed to a traditional ATM? Cashless ATM’s are a great alternative to a location that is low volume or at locations that having large sums of cash is a security concern.

If you think that a cashless ATM may be beneficial to your business, please contact ATM Machine Corp for a consultation.

For more information on how ATM Machine Corp. can help your business please contact 888-580-7043