Traditional Cash Dispensing Atm Machines are on the way OUT. . .
Cashless Atms are the New Generation of Atms, here TODAY!
It's a known
fact, in today's economy, that society is increasingly leaning
towards cashless electronic transactions for business and
personal purchases of all sizes. This trend is here to stay
because of convenience and acceptance by the general public,
and because electronic transactions bring the cost of doing
business down for financial institutions. It also helps the
environment through a considerable reduction in the use of
paper products which saves natural resources, and helps keep
our landfills free of waste that is never created because of
electronic transactions.
By providing convenient
payment options for your customers, you are enabling them to
buy more which increases sales averages per customer. This is
known as 'soft benefits' due to impulse buying, something
every merchant needs to increase their daily sales in order to
see bigger profits. After all, your company is in business to
make money and accepting bank cards can help you make
more of it by providing a method of payment people expect you
to accept.
Over 70% of
U.S. household use debit cards & bank cards! Cash in on
this market without going in debt like those who
use merchant accounts do. The banking industry is now saying that consumers are making more purchases
using their debit cards than they are using credit cards! And the numbers are continuing
to grow as more and more people are seeing the value of paying
straight from their bank account with their debit cards rather
than carrying cash. There are also millions of young people
coming of age in the next several years, and they've grown up
expecting the convenience of quick ATM access . . .
are you ready to add profit to your bottom line by providing
it to them?
We stand ready to provide
the kind of quality equipment, and ongoing service
support that will enable you to to enjoy the benefits of hassle-free cashless
ATM access in your place of business.
Contact us TODAY for a free no obligation consultation, so you can find out more and decide if Cashless ATM SCRIP machine is right for you!
What is an ATM Scrip
Machine?
ATM SCRIP works similar to a standard atm
machine, except there is no cash inside. That's where the
'SCRIP' part comes in. When a customer uses an ATM SCRIP
machine they swipe their card & enter their PIN (personal
identification number) as they normally would, but the machine
prints out a scrip receipt of the transaction, instead of
dispensing cash. The customer then gives the scrip receipt to
the cashier, to pay for whatever products or services that are
rendered. The scrip can only be used at your place of
business, and results in increased sales & profits.
The merchant gets to choose the amount of
money a customer can get through the scrip machine, such as
$20, $40, $60, ect. The cashier, in return for the scrip
receipt, issues change to the customer just as though
the customer has presented cash. Funds payed out by merchants through
use of their ATM SCRIP machine, electronically deposited into
their bank account, at a profit. The profit margin is a
percentage of each transaction that the processor gives back
to the merchant as a rebate. Each transaction earns the
merchant a percentage of the 'user fee' (surcharge) that is accessed on
the customer's card. This is where atm machines make
money.
If
the business had decided to go with a traditional merchant
account, they would have to pay money for the customer's convenience
to use their bank card by paying fees instead of
making money for the customer's convenience to use their bank
card like they would if they had an ATM SCRIP machine in thier
business. This is the primary reason the popularity of ATM
SCRIP machines is exploding across the country. Businesses are
looking for hassle free ways to add more revenue to their
bottom line, while still providing the convenience
of card payment as an option for their
customers. The public has proven over the past several years
that they expect to be able to use their debit card
anywhere they go and will gladly pay an access fee for the
convenience of doing so.
Considering the fast paced
busy lifestyles people lead these days, to them it's worth the
access fee to save the time it would take to drive to the bank
& make a withdraw. ATM SCRIP machines are open for
business & make you money anytime your business is open.
The ATM SCRIP machine is small and can sit on your
counter top right next to your cash register. There it will be
hard for your customers not to notice, and will result in
higher machine usage which makes more money for the
business.
All that is needed is a place
to plug in the machine into to a power outlet, and a place
to plug into your phone line. That's it! No complexed wiring
is needed. You don't even need an extra phone line with an
ATM SCRIP machine. Just have your employees make sure the
phone line is available for the 15 seconds (or less) it takes for a
customer to run their transaction on your machine. Easy of
installation & use is another reason more businesses are
turning to ATM SCRIP.
How does it work?
As stated
above, the ATM SCRIP machine is easy to set up & use. All
that is needed is a place to plug into a power source (a
standard wall plug), and a place to plug
into your existing phone line. When a customer is ready to make a
transaction using your ATM SCRIP machine all they do is swipe
their card, enter their PIN number, and choose an amount they
want to withdraw from their account.
There are several preset dollar amounts that the merchant
controls. These dollar amounts are the
options you make available to your customers when they use your ATM
SCRIP machine. Most merchants set these amounts at
$20, $40, $60, and $70 to accommodate customer's desire for cash
back as they spend money with you. All options must be
in increments of 10. One common mis-conception about
using a cashless atm machine is that you have to keep
more cash on hand in order to give cash
back to your customers. If you make it a policy to plan on being
able to give change for several $50 and $100 bills, like most businesses
do during the day, then you'll have no problem implementing an ATM
SCRIP machine at your place of business & benefiting from the
profits it can generate. Everytime you honor a scrip from
your machine, it's just like making a bank
deposit!
After the customer has made their dollar
amount selection, the machine connects to the processor, and validates the
transaction within a few seconds. The
processor uses the same EFT network is the same as the major
financial institutions use (the Federal Reserve). All transactions are done
through encrypted communications technology making each transaction just as
safe & secure as if the customer were physically
in their own bank withdrawing money from a
teller.
How is the ATM SCRIP program cost effective?
Anyone who
owns or operates a business will want to see justification for
any investment and realize how an investment can boost company
profits, and prove its worth. Retail locations that
except card payments consistently have a higher
average purchase rate per customer than locations that do not.
This is due to the public's expectation of being able to use
their debit, and atm cards at any business where they want to
shop. Providing bank card acceptance as a payment option also
leverages impulse buying, which is income that is generated
when a customer decides to go ahead and buy more than they
normally would because of the convenience of being able to
charge the sale.
By having the cash back
option that ATM SCRIP provides, tipping is increased
in businesses that provide services. This will keep your
employees much happier by providing additional income for
them. Bank card usage is here to stay, and will continue to grow in the years
ahead.
Below is
An Example of What Can be Made Using ATM SCRIP
with
a $2.00 Surcharge. We provide much more than a
$1.00 rebate amount, so Contact us for details TODAY!
|
Daily
Traffic |
5%
Usage |
Rebate
Amount |
Daily
Income |
Monthly
Income |
Annual
Income |
|
100 |
5 |
$1.00 |
$5.00 |
$150.00 |
$1800 |
|
200 |
10 |
$1.00 |
$10.00 |
$300.00 |
$3600 |
|
300 |
15 |
$1.00 |
$15.00 |
$450.00 |
$5400 |
|
400 |
20 |
$1.00 |
$20.00 |
$600.00 |
$7200 |
|
500 |
25 |
$1.00 |
$25.00 |
$750.00 |
$9000 |
*The Rebate Amount is the
Dollar Amount the Merchant Makes On
Each Transaction. | The 5% usage figure is conservative. Most locations have much higher percentages considering machine location & employee recommendation to customers to use the
machine to get cash back. There are also the 'soft benefits'
of customers buying more because of the bank card payment
option.
The ATM SCRIP
program is by far the most user friendly method of accepting
bank cards that the card payment industry has produced so far.
The ATM SCRIP machine can be placed anywhere within the
business location. It's small enough to be placed right next
to the cash register where customers can't help but notice
that you now accept bank cards. If they didn't bring their
card on this visit, they'll know to to plan on using it on
their next trip to your store.
All that is needed to run an ATM SCRIP machine is a place to plug it in to a standard wall plug, and a way to be connected to your phone line. Your machine doesn't need a dedicated phone line, like a traditional atm machine. It only takes a few seconds for each transaction to be completed. Employees just have to make sure no one is using the phone when a customer is making a transaction. (Business phones usually aren't tied up by employees for more than a few minutes at a time, so this should not present a problem.)
We also provide toll-free tech support to help you through the entire set-up process, as well as answer any questions you may have about your machine.
How secure are my funds?
Once transactions are approved, your funds are deposited into the Federal Reserve system where the money is insured by the FDIC, and awaits transfer into your bank. This process takes about 3 business days, which is the same amount (if not sooner) of time it takes merchants that have a regular credit card machine to get their funds. Only difference is merchants with scrip machines make money on each transaction, instead of having to pay money!
The voided check you
provide at signup is used by the processor to verify the path of
funds to your bank. Before your account set up is complete the
processor must contact your bank to verify your account, and
your bank's ability to receive electronic transactions. Your account is
then set up by the processor
to receive funds settlement, including the rebate amount for each transaction as
agreed according to the merchant agreement form which is authorized
by your signature, or by a company officer of your business.
What is the upfront cost of the ATM Scrip program?
The cost of
the ATM SCRIP machine itself is
only $695.00, and includes a phone line and power cord, as well as ATM door stickers, signage, countertop kiosk, programming, encyption, complete user manual, and shipping!
Many companies out there retail the same machine at anywhere from $1600
to as high as $3500! Don't pay more than you have to for the same top
quality equipment. We keep our prices low through volume
selling, so our merchants can get the very best
deal possible!
There is a $10.00 monthly maintenance fee, which is the only ongoing cost involved in operating an ATM SCRIP machine in your establishment. We also provide toll-free tech support, should you have any questions, or problems with your machine. We also provide paper supplies, and ongoing machine re-placement warranty for as long
as you are processing through us. Most of our competitors charge
for these extras, or don't provide them at all.
Financing is available for
only $29.95 a month (available to qualified merchants only). Merchants are also welcome to provide their own financing to get their ATM SCRIP program started, and enjoy increased profits offering the convenience of card payment options to their customers. We also accept credit card payments, company checks, personal checks, money orders, and cashiers checks.
How long does it take to get up & running?
It
takes up to 7 to 10 business days to ship your programmed
ATM SCRIP machine to your location, after we have received the
necessary paperwork to process your order, and payment for the
machine(s). This is due to the time it takes for our processor
to verify your path of funds to your bank account, time
involved in programming your machine, and the time it
takes to ship you machine to your location using standard
ground
shipment.
CLICK HERE for our $100 Referral
Program - NO Selling Required!
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