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How to Make Money from ATMs  by: Jeremy Maddock With ATM cash machines currently costing anywhere from $3,000 to $30,000, there is no doubt that buying one for your business is costly. If you arrange things right, however, buying an ATM can actually be a very sound investment. Provided that you primarily manage the machine yourself, ongoing maintenance costs shouldn’t be too high. You’ll have to pay for the electricity to fun the machine, as well as around $40/month for a dedicated phone line, and $50 each time the machine is professionally re-loaded. There may also be a monthly charge (usually $15 to $25 per month), which is required by some vendors but not others. It is important to take these fees into account when considering different machines and doing price comparison research. Once you have paid all these little fees, however, it is possible to make money on your ATM by collecting a percentage of the surcharge. The average charge for an ATM transaction is $1.60, and as the owner of the machine, all or a portion of this money will go to you. Depending on your contract with the ATM vendor, and how much of the maintenance work you do yourself, your share of the money can range from 35% to 100%. There is also the added benefit that customers will never find themselves short of cash when making a purchase at your store. Therefore, installing an ATM machine not only helps your existing business, but can become a fully sustainable or even profitable business in itself. About The Author Jeremy Maddock is a successful webmaster who manages a number of informative websites, including http://www.financeproducts.info/ This article was posted on September 26, 2006   View More Videos from the "Gadgets and Gizmos" category: Call of Duty 4 DS - Walkthrough Part 02 - Exodus [1/2] E3 2010: Vindictus E3 Trailer Mega Man Universe IGN Trailer Donkey Kong Country Returns Gameplay, Pt. 3 - E3 2010   Read More Articles from the "Gadgets and Gizmos" Category: Cell Phone in Every Pocket by Roberto Sedycias Wireless Surveillance For Your Business - Camere by Tanasuica Aurel Many Reasons and Uses For Cell Phone Forensics Data Recovery by Ed Opperman The Nokia C3 Is A Great Everyday Handset by Chris Westley Nokia X5 Deals: Where Entertainment Meets Communication by Mark Bush Intel Enters The 3G Cell Phones and Smartphone Industry With Moblin by Paul Wise Buying The Right Mobile Music Player To Suit Your Needs by Strutman Electronic's Staff Printed Circuit Board Manufacturing and PCB Manufacturers Importance by Jack Hanna Digital Cameras by Potoaphe Numeri As Seen On TV by Morgan Hamilton << Back to "Gadgets And Gizmos" Index

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