Refurbished ATMs

What is Refurbishing?

Frugal minds like to repurpose things or refurbish used things that are due for replacement or going to get discarded. Either way, whether it’s repurposing or refurbishing, it’s always a good idea to get the most you can out of something in lieu of discarding it. When you refurbish something or use something that’s been refurbished, you can save yourself a lot of money, not to mention gain something valuable in return. When you refurbish something, you simply take something that is worn or used and make it work like new again by restoring or re-equipping it in a usable fashion.

With ATM machines, refurbishing equipment helps ATM owners cut costs and get invaluable returns on their investments. With ATM owners, especially those who are new to the business, who opts to use refurbished equipment, have the luxury of slowly adapting themselves into the ATM business without the steep overhead investments of buying new equipment. This is especially important as well for those owners who want to keep their overhead costs as low as possible. Refurbishing is also a great option for established business owners who may decide to have multiple machines in several different locations. For those purposes, he wants to be able to maximize his return on his investment, and with refurbished machines, he’s able to do that at a fraction of the cost that it would require if he bought the machines brand new.

Why Buy a Refurbished ATM?

Simply put, buying a refurbished ATM machine saves money, and often, lots of it. Refurbished machines cut costs, both recurring and fixed, and owners can see their investment returns sooner with refurbished equipment.

Is there ever an instance where a refurbished machine would not be a good idea? Of course there is, and that would be in cases where the software is incompatible with a particular model, or if the model is too outdated to accommodate current market software or other equipment amenities. For instance, if the equipment is not conducive for physically impaired customers to operate, a refurbished machine may not be the best or wisest investment. This is applicable in situations where the ATM machine experiences high traffic of a diverse population. The machine, if it’s not current or has been altered to accommodate particular customers, may pose challenges for those customers and could also deter a large segment of potential customers altogether.

Refurbished ATM machines are not junk items; they’re actually in sometimes better condition than even newer models, depending on what the previous condition of the equipment may have been. Many times they’ve been completely dismantled, cleaned, conditioned and serviced and then placed back together to make for an optimal working machine. Owners who may mistakenly believe that reconstructed machines are “junk” repairs would do well to look into a refurbished unit for cost reduction as well as efficiency in operations.

Is it Junk?

Discarding an ATM machine isn’t always a final option for many owners. In many cases, the need to upgrade software or change ATM locations may also dictate the need to invest in a pre-used machine. This may also apply if the machine is going to occupy an area on a temporary basis as well. If the owner is awaiting new equipment or is having existing equipment serviced for a long time period, the need to use a refurbished unit may be more advantageous for his needs.

Refurbished machines are likely an ideal situation is in terms of security and privacy. These days, customers are more aware and have a higher sense of security when it comes to protecting their financial information. More current, up-to-date ATM machines not only have software to accommodate these issues, but there are also hardware tools like money dispensing covers or privacy trays that allow the customer to have more privacy and security when they’re making their money transactions. With these kinds of amenities, customers are more likely to frequent that particular ATM and have more of a comfort level while doing business.