Automated Teller Machines

If you are looking for ways to enhance your business's income, then take a look at owning or leasing an Automated Teller Machine (ATM). Placing an ATM in or nearby your business provides benefits that will increase your revenue and your visibility. All you need is a location that is both frequented by a steady stream of people and also provides adequate safety for your customers.

Brief History

Early ATMs were cash only machines. Since they were not connected to bank records via a computer network, a limited number of customers were allowed to use them. These customers needed excellent standing with their bank and a credit card account. As the machines began to develop more features were added. The invention of the ATM card (Smartcard) and the deployment of leased line connections that allowed transfer of data from the machine to the bank, opened up ATM use to a wider consumer market.

By MS Kauffman