Automated Teller Machines - Get Free ATM Price Quotes. Locate Multiple ATM Machine Providers

By: B2b Exchange  09-12-2011
Keywords: ATM, Automated Teller Machine, Quote Services

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Visitors to B2B Exchange know that it helps to have the right features and a brand that will be there for you, but at the end of the day the price you pay for an automated teller machine will be among the most important parts of the decision. That’s why we’ve assembled actual prices paid for automated teller machines, straight from our users. Use these figures as a guide as you figure out what to pay during your negotiations.

$2,000 for the machine - lifetime warranty with repairs - lifetime paper and ink supply - 2 year parts repair warranty.”
- Purchasing manager, Retail, Wichita, KS
“We paid approx. $2,000 which included all software, signage, and a service contract.”
- Owner, Professional services, Hattiesburg, Mississippi
$2,200 - machine and service.”
- General Manager, Retail, Kensington, KS
“Rented space for $0.75 per transaction. Services all inclusive.”
- Purchasing manager, Retail, Brooklyn, NY
$2,000 - free standing inside operation.”
- Administrative assistant, Hospitality, Soda Springs, ID
$2,400 for the top of the line machine made in 3 monthly payments (first payment delayed 30 days). 100% of the service fee ($2.50 at this location). 5 year contract.”
- Office manager, Hospitality, North Chicago, IL
“Tranzac Internet connect - 4-year contract - $2,200.”
- Office manager, Food service, Portland, OR
$2,400. Hyosung Mini Bank 1820, service contract.”
- CEO, Real estate, Corona, CA
$2,200 includes machine, installation, neon sign, and staff training.”
- Owner, Retail, Norco, CA
$2,125 = installation, training, warranty.”
- CEO, Manufacturing, Williams, AZ
$2,375 for signage, paper,delivery, and set-up.”
- Owner, Retail, National City, MI
Mini Bank 1520 for $2,250 with shipping and handling. 5-year full warranty with free paper and signs. No transaction fee.”
- Owner, Hospitality, Bethel, AK

There are a variety of options for you to explore as you think about buying an automated teller machine. Auctions, e-commerce and request for quote services all provide you a way to evaluate different models, talk to dealers and ultimately figure out what’s best for your automated teller machine needs. Check out the links below for some of the best resources on the web when it comes to shopping for an automated teller machine.


Straight Talk From ATM Buyers

The Internet has enabled the wisdom of the crowds like never before. B2B Exchange brings that wisdom straight to you by collecting the comments and questions of other automated teller machine buyers as they tackle business purchasing head on. If you’re not sure what to be looking for in your next automated teller machine, check out the most common thoughts, fears and ideas shared by your fellow business purchasers.

“We sell building and construction materials, hardware, restaurant equipment, custom manufacture and much more. We occupy 120,000 square feet of space with a huge parking lot. We deliver products nationwide with the help of our own shipping team.”
- General contractor, Business services, Philadelphia, PA
“We are a University that holds our classes at night and on Saturdays. We have vending machines for our students that only take cash as well as a vendor who comes in to sell sandwiches and only accepts cash and there is currently no ATM on-site or nearby for our students and faculty to get cash to buy food. All our classes that are held at night are 4 hours long with only a 10-15 minute break half way through, which does not allow for the students to leave campus to get food.”
- Administrative assistant, Non-profit, Brattleboro, VT
“We are a Home for the Aged complex, with a 130-bed nursing home, 100-bed assisted living facility, and 52 apartments for low income seniors - all on one campus. We have 250 employees and expect moderate traffic between employees, visitors, and residents. We would like to know the cost of installation and operation of an ATM on our campus and to understand the process of maintaining the machine. ”
- Owner, Non-profit, Clinton Township, MI
“I am a breakfast and lunch restaurant, I recently stopped using credit cards for the simple fact it costs me too much money. I will soon be opening for dinner. The past weekend alone, 15 tables had to go to a nearby bank to withdraw cash. I would much rather keep the customers in my store. When I used credit cards, I typically did $9,000 to $11,000 a month in credit/debit card use.”
- Owner, Restaurant, Watertown, MA
“We are a seasonal business and are busiest in the summer months. We are located in a small community and vacation homes, and the nearest banking facility is 10 to 15 miles away. I need a cash machine which can be used for the smaller dollar purchases because my credit card bank fees cause me to lose money on small food and grocery items.”
- President, Hospitality, Athens, TN
“We are looking to install a free standing no-fee based ATM machine as a convienience to our tenants. We are a commerical office tower in Cambridge, Massachusetts with a full service cafe in the main lobby of the building. We also have quite a few neighboring retail shops surrounding our building, none of which have an ATM. Our tenants have requested that an ATM be installed in the lobby. ”
- General manager, Real estate, Cambridge, MA
“We are opening a huge luxury arcade oasis in a high upscale area. We have more than 80 slot machines. We are looking for a company to install the machine, keep all the proceeds, and maintain the cash in the machine. We want no money from the machine; we only ask that the service charge be no more than $1.50 per transaction. We need the ATM ASAP. ”
- Casino manager, Hospitality, Sarasota, FL
“This business has been known for selling primarily beer and wine for over 30 years. We sell lottery and tobacco products. We are now expanding to general convenience and frozen food items. Open 7 days a week; about 1,000 sq feet of space. Not sure if we should get a countertop or free standing display and we'll need some advice on placement.”
- Manager, Retail, Lutz, FL
“For 11 months out of the year, this will be located at a Shriners restaurant inside their building. But once a year we have a circus and there are NO ATM's within walking distance. I want one ATM that we can move and not require a phone line, just 120VAC. We will replenish and service the ATM. If one does a good job, we may purchase a second.”
- Owner, Food service, Metairie, Louisiana
“We have a large drive-by traffic count. Want outdoor drive up machine. Also, want info for indoor wall mounted or free standing machine if the outdoor machine is too expensive. We're looking for one machine. The type we choose depends on cost and financing options.”
- General manager, Retail, Cypress, TX
“I already own one ATM and I'm looking to add another. I would like a two-drawer system holding $100s and $20s. Unit must be able to hold at least $40,000 total and stand up to very heavy usage. I'll need processing services as well and maintenance agreements when possible.”
- Owner, Retail, Clearwater, FL
“Was thinking that it would take a load off my staff and make for better sales using money instead of credit cards. As a small business, processing credit cards costs us $350 to $500 per month. We thought an ATM would be the more affodable option. ”
- Owner, Hospitality, Salt Lake City, UT
“Opening our 4th store in Spring. Just want to put one machine in a current store to measure success before I decide if I want to allocate room in my other stores. ”
- Owner, Food service, Denver, CO
“We have a bar in downtown Salt Lake City area, and we're interested in having a freestand or countertop ATM. We also own a coffee shop in a different town, and we are interested in counter top or free standing in that location also. Manager, Retail/Hospitality, Birmingham, AL
“Bar/Restaurant/Marina/Charter with fishing and lottery/Keno on premises; off premises alcohol sales. Customers want cash for all my services plus juke box and video. I'm getting tired of cashing checks but don't want to lose business.”
President, Hospitality, Warrenton, NC
“This is well-known business in town with ocupancy permit for 260 people. We have pretty good size (7,000 sq. feet) building with 1/2 acre parking space. Average about 100 customers on weekdays and over 200 customers on weekend.”
Foreman, Construction, Grandview, MO
Largest regional airline serving passengers, cargo, and mail throughout Alaska. Passenger traffic ranges from 100 to 400 per day. Customers are always requesting ATM service to acquire cash for taxi fares, food, lodging, etc.
Vice president, Aviation, Anchorage, AK

Automated Teller Machine Advice

Automated Teller Machine (ATM) Basics

Automatic teller machines (ATMs) ensure that cash is easily accessible, whenever and wherever someone needs cash. It helps businesses facilitate cash-only transactions and you avoid the mounting fees of credit card processing or check cashing, while also generating revenue for your business via a share of the transaction fees collected by the ATM provider.

Before installing an ATM, measure your business foot traffic. If it’s an area that people regularly walk by every day – such as a busy mall or a sports complex – you will have access to hundreds of customers. Since you get a fee for each transaction made, an ATM can be an investment that pays for itself in no time. You can install freestanding, countertop, or throw-the-wall models of ATMs. They each have their pros and cons so check with your vendor before choosing one.

Vendors will also install and service your ATM as well as process your transactions, so selecting a vendor that you feel comfortable with is an important step in this process. Make sure the vendor offers you the best mix of customer service and product quality, and carefully assess the pricing and terms of your agreement. Some vendors may even offer to install the ATM at no cost to your business and, while these agreements can be advantageous, sometimes the fees charged on the backend might be substantially less attractive than those offered elsewhere.

Points to consider

  • How many Automated Teller Machines would you like installed?
  • What does your average customer spend per visit (average ticket?)
  • How many people visit the proposed location for the ATM(s) each day?
  • When would you like to have your new ATM(s) installed?
  • What type of machine would work best for your location (wall mounted? countertop? freestanding?)
The information in this article was current at 06 Dec 2011

Keywords: ATM, Automated Teller Machine, Quote Services

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