Cashless ATM Machines

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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