Tag Archive for: atm machines

Are ATMs Always Open? How to Operate an ATM 24/7

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If you are thinking about starting an ATM business, you might be wondering, Are ATMs always open? The short answer is, Yes and no. You see, each ATM business is different. So, some ATMs are always open—others are not. 

If you want to make money with ATM machines, it is possible to operate an ATM 24/7. Here, we’ll provide an overview of what various business models look like. That way, you can decide for yourself how to proceed with your ATM business.

Are ATMs Always Open?—Not Always

Not all ATMs are always open. For instance, if you’ve ever passed by a store with an illuminated “ATM” sign whose doors were locked, you’ve experienced an ATM that was not open. 

Independent ATM deployers (IADs) have about three options when it comes to installing their ATM machine. They can install it in a business or store front they already own. They can rent space in a mall or plaza to operate their ATM from. Or, they can work in collaboration with an existing store or business that agrees to the installation in exchange for boosted customer service and sales.

So in that respect, an ATM’s availability depends on the location itself. If an ATM machine is installed behind the locked doors of another store or business, that ATM machine is not open 24/7—because customers can’t get to it to use it.

Then there are outdoor ATM machines. For example, ATM machines operated out of parking lots/garages, food truck parks, outlet malls and plazas, and the fronts of convenience stores can offer passers-by 24/7 access to cash and their accounts. However, just because an ATM is accessible doesn’t mean it is functional. An outdoor ATM machine still has to be connected to the networks, has to be stocked with cash, and has to not be out of order to be considered open 24/7.

Are ATMs Always Open?—They Can Be

If you want to operate ATMs 24/7, it’s totally possible. There are simply certain conditions that must be met.

24/7 Location

Although ATMs are technically designed to operate 24/7, the question of are ATMs always open depends on a number of other factors. Namely, it’s up to the owner/operator. If you want to operate your ATM 24/7, you have to find a location that facilitates that.

You can operate an ATM machine 24/7 if it is always physically accessible to customers. For example, you might install your machine in an outdoor location, through the wall of a store facing the street, or just inside the doors of a store that is also open 24/7.

ATMs are designed to operate without human supervision. They include secure cash dispensing and deposit mechanisms, card readers, PIN pads, and network connections to banks and processors. Modern ATMs have features like anti-skimming, surveillance cameras, and internal safes to operate securely 24/7. Basically, you don’t have to sit on site with your ATM to operate your ATM business.

Instead, you can use remote online monitoring to manage your machine. This management system allows you to track cash levels, detect malfunctions or tampering, and receive real-time alerts for any error codes.

Reliable Internet Connection

To operate your ATM 24/7, it needs to be reliably connected to the banking networks (Visa/Plus, Mastercard/Cirrus). This enables ATMs to validate transactions at any time, regardless of location or banking hours. So 24/7 operation requires secure internet connection. If your machine loses internet connection, it will be inoperable until it is reconnected. Until then, you’re out of business.

Little to No Downtime 

In order for your machine to always be open, it has to always be working. This means that if you want to operate your machine 24/7, there has to be no downtime. Your machine will require regular servicing like cash replenishment, error codes, and other preventative maintenance like cleaning and software updates.

Where Are ATMs Always Open? The Best 24/7 Locations

We’ve said a few times that 24/7 ATM operation depends on the location of the installation. But what are your options? If you are looking for a location that facilitates 24/7 ATM operation, you’ll need to find a location like one of the following:

Convenience Stores, Truck Stops, Gas Stations

Convenience stores, truck stops, and gas stations are at the top of the list. They’re often open 24/7, ensuring around-the-clock ATM access. They experience steady customer traffic, especially during off-hours.

Furthermore, these customers have a need for cash. Customers in these locations often make cash-based purchases and therefore have a high tendency of withdrawing cash to shop. 

Finally, indoor placement offers weather protection and enhanced security. It’s better to operate a 24/7 ATM indoors when possible for these reasons.

Hotels and Motels

Guests of hotels and motels (especially budget chains) often need quick access to cash for tips, transport, or nearby restaurants. Lobby ATMs benefit from indoor, secure placement, and front desk staff can monitor the machine and inform guests about the ATM, increasing usage.

Transportation Hubs

Transportation hubs like airports and bus or train stations are also good places to target travelers in need of cash. These locations often experience round-the-clock foot traffic, and the presence of security can deter theft and vandalism.

Liquor Stores and Smoke Shops

Liquor stores and smoke shops are businesses that prefer cash transactions. Customers who want their bad habits to go unnoticed tend to prefer spending cash in these locations, too. This increases the need for cash in these 24/7 locations making ATM service a lucrative opportunity on top of the added benefits of indoor operation.

Laundromats

Laundromats can make good locations, too, due to the need for cash to operate the machines. It is also easier to find gaps in the market—in a laundromat, there’s usually low competition for ATM services nearby.

Bars and Nightclubs

There is high cash usage for drinks, tips, and cover charges at bars and nightclubs. Plus, late-night crowds rely on ATM access when banks are closed. Even if the bar isn’t open 24/7, late-night operation equals strong transaction volume despite being open fewer hours than other locations.

Remember, the best 24/7 locations for ATM installation have high, consistent foot traffic, security, accessibility, and low downtime risk.

Are ATMs Always Open—Yes and No

When it comes to the question of are ATMs always open, the answer really depends on the owner and the location. An ATM cannot operate 24/7 if the owner does not want it to. It also cannot operate 24/7 if it is locked up in a store after hours and therefore inaccessible to customers. 

So, the bottom line is: if you don’t want to be on-call 24/7, don’t make your ATM machine operable after hours. However, if you want to maximize your revenue potential, think about investing in a 24/7 ATM machine that is always open for transactions. 

At the end of the day, the more time your machine is available, the more customers have an opportunity to use it, and the more potential you have to make money. If you’d like to know more about how to own ATMs that are always open, contact us today!

Where to Buy ATM Machines

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If you want to start an ATM business, you need to know where to buy ATM machines. This is the business. You can’t get started until you have one. It is one of the first and most important steps of starting an ATM business. 

But if you’ve never purchased ATM equipment before, you might have no idea where to start. And once you start shopping around, who can you trust?

In this article, we’ll offer some recommendations for where to buy ATM machines. We’ll also let you know what red flags to look for and what to avoid. This way, you can be confident that you have the perfect ATM machine for your business needs and budget.

Where to Buy ATM Machines: Our Top Recommendations

You can buy an ATM machine from a variety of sources depending on your needs and budget. Here are the most common ways and places to buy one:

ATM Manufacturers and Distributors

You can purchase ATM equipment straight from the companies that manufacture them. You can buy an ATM brand new, or distributors may have select refurbished options. The top ATM manufacturers are

  • Hyosung
  • Genmega
  • Hantle
  • Triton

You can buy directly from their websites or through authorized distributors like ATMDepot. 

ATM ISOs and Processing Companies

Independent Sales Organizations (ISOs) and processing companies like ATMDepot often bundle ATMs with transaction processing services. This can be a huge benefit because you can purchase equipment and partner with just one company. Otherwise, you still have to find a processing company after purchasing your machine from anywhere else.

ISOs and processing companies might also offer leasing options. While this can reduce your upfront cost, it will increase total cost over time.

Online Marketplaces

Finally, you might come across or even search for ATM equipment on sites like Facebook Marketplace, eBay, or even Amazon. Local sellers sometimes list ATMs on Facebook Marketplace. You might find listings for both new and used ATMs on eBay. And some new ATMs are listed by commercial resellers on Amazon.

However, in terms of where to buy ATM machines, this is the riskiest route. Although you might find a used or refurbished machine cheaper in online marketplaces, you can’t always be sure what you’re getting.

Not Where to Buy ATM Machines: Sources to Approach with Caution

Peer-to-peer resellers like eBay or Craigslist will list older ATM models that might look like a great deal. However, looks can be deceiving. Just because an ATM machine looks legit, it might not be EMV-compliant or no longer be supported by processors. Not all listings disclose model years or software versions. So you have no guarantee that the machine functions, is compliant, or can be upgraded.

Local Buy & Sell groups like Facebook Marketplace can also advertise outdated equipment. You might even see listings for stolen equipment for sale.

Non-ATM-specific equipment liquidators can be risky, too. You might find ATM machines on general auction or surplus equipment sites like Liquidation.com, but often these are old bank ATMs that lack proper documentation. An old bank ATM might not be the kind of machine you want to start your business with anyway. They are large, outdated, hard to move, and not retail compliant.

The risk with unverified third-party sellers on sites like Amazon or Alibaba is that the machine might be shipped from overseas. This can take longer, be more expensive, and increase the risk of damage during the shipping process. Furthermore, overseas equipment might not be configured for U.S. networks and/or might not be EMV/ADA compliant without necessary upgrades.

And of course, a big drawback of purchasing from these sources is that you are left without processing services. You still have to find a company to process transactions on your machine on top of making a purchase risk.

Red Flags to Watch Out For

Now, if you are on a tight budget, you might be able to find a good deal from a local peer-to-peer seller. There is nothing wrong with that. But it’s up to you to make sure the ATM machine checks all the necessary boxes.

First, check for an EMV chip reader. An ATM machine without an EMV chip reader is a red flag. If a machine only has a magstripe reader, it’s outdated. U.S. networks now require EMV for liability protection and transaction approval. Some machines, however, support an EMV upgrade. So this isn’t always a deal-breaker. But it will be an additional cost and something you will want to use in price negotiations.

Next, you want to know what operating system (OS) the machine is running. Missing Windows CE or updated operating system is a red flag. Older operating systems may no longer be supported by ATM processors.

Older models also don’t support secure network protocols and can’t connect to processors anymore. So if a machine doesn’t support TLS 1.2 encryption, it isn’t going to work.

While some models can be upgraded to become compliant and operable, discontinued models cannot. Even name-brand machines like Triton 9600 may not be upgradable. To be sure, you can check the model number against the manufacturer’s website for End-of-Life (EOL) notices.

Finally, a super-low price tag is an obvious red flag. A $500 ATM might sound like a deal, but if it’s non-compliant, it’s just a heavy paperweight—too cheap to be true.

Safe Buying Tips for Where to Buy ATM Machines

To ensure you get the best deal, there are some things you can do to protect yourself. The first thing is to buy from an ATM distributor or ISO who can confirm certain machine specs like compliance and programming. These companies are also likely to offer you tech support and product warranty to further protect yourself.

Always ask for the model number and software version before buying anything. And consult with your intended processing company before buying to make sure your machine is supported.

Where to Buy ATM Machines that Are Compliant

There are some names in the ATM industry you can trust. Some recommended ATM models for 2025 and beyond include Genmega G2500, Genmega Onyx, Hyosung Halo II (2600SE), and Hyosung Force (2800SE).

Known obsolete or risky models to avoid include all Tranax machines, Triton 9600/9700, Genmega G1900, Diebold, and NCR. Early Genmega 1900 models may not support EMV. And bank ATMs like Diebold and NCR are too large and outdated.

Where to Buy ATM Machines Refurbished

Choosing between a new and refurbished ATM machine depends on your goals, budget, and how involved you want to be with maintenance. However, if you do go the refurbished route, ensure that it is a certified refurbishment. Certified refurbished means that the machine has been repaired, updated, and good as new, just pre-owned. Some sellers advertise refurbished equipment when all they did was clean and polish it. 

Our top recommendations for where to buy ATM machines are all likely to offer select refurbished ATM machine options. The sources to approach with caution, on the other hand, are much more likely to skimp on the refurbishment.

When making the decision between new and refurbished, here’s what you need to know: 

Refurbished ATM machines are a popular route because they are sold for a much lower initial cost than a new machine. So if your location is low-traffic, this might be a wise decision since your ROI will be slower. Refurbished machines should include all EMV/ADA upgrades if sold by a reputable dealer. And refurbished machines can be suitable for DIY owners comfortable with minor repairs or part replacement.

However, refurbished machines might come with a shorter or no warranty. Upgrades not already included could add to your equipment cost. Parts may be harder to source. There could be hidden wear and tear. You don’t have as many options—you are limited to the refurbished machines on-hand. And you lose out on resale value.

If you’re considering refurbished, only buy from a vendor who guarantees that the model is compliant, is tested and certified to work with your processor, and comes with tech support or setup guidance.

Now You Know Where to Buy ATM Machines

Now you know your options for where to buy ATM machines. Equipped with the necessary knowledge, you can confidently purchase an ATM machine from anywhere. Just be vigilant about the specifications and ask the seller the right questions. 

If you want to get your ATM machine and processing service all in one place, check out ATMDepot’s equipment options! We carry the full line of Hyosung, Genmega, and Triton machines including BITCoin sidecars and crypto kiosks. We also offer new, used, and certified refurbished ATM equipment at discounted cash prices.

All ATM machines include nationwide processing services at no charge. But you don’t have to purchase equipment from us to receive free ATM processing. And if you only need equipment, we match or beat most written quotes.

You don’t have to look any further for where to buy ATM machines. Just click here!

Does Cash App Charge ATM Fees?

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With over 50 million users, Cash App is one of the most popular mobile payment apps. It allows users to send money, make payments, and invest. It’s especially popular with lower-income adults and young people, making ATM fees an important consideration for users on a tight budget. 

You can use a Cash App Cash Card at an ATM. But since it’s not tied to a bank account, you might be interested to know how this affects ATM fees: does Cash App charge ATM fees? Keep reading to find out more about how to use Cash App with ATMs.

ATM Fees Explained

Generally, when you use your debit card at an ATM, you will be charged two fees: one by your bank and one by the ATM owner. If you use an in-network ATM, you are only charged one fee since your bank owns that ATM. 

Some banks offer different fee structures and waive certain fees as a benefit of purchasing certain accounts. Check with your bank for more information on ATM fees for your account.

Cash App isn’t a bank, though. So does Cash App charge ATM fees?

Does Cash App Charge ATM Fees?

According to Cash App support, you can use your Cash Card at any ATM for a $2.50 fee. You will also pay any out-of-network fees charged by the ATM operator. This is similar to how your bank might charge for debit ATM withdrawals from out-of-network ATMs. Cash App is the “bank”, and you will still pay the surcharge fee imposed by the ATM itself. 

However, Cash App offers ATM benefits if you set up direct deposit. Customers who get $300 (or more) in paychecks directly deposited into their Cash App in a given calendar month qualify for unlimited free withdrawals at in-network ATMs. One out-of-network withdrawal per 31 days will also be instantly reimbursed. Each time you receive another $300 (or more) in paycheck direct deposits in a given month, free withdrawals will be extended for an additional 31 days.

But what ATMs are considered in-network for Cash App? 

Cash App primarily uses the AllPoint ATM Network. ATMs within this network are referred to as its in-network ATMs. AllPoint ATMs are commonly found at gas stations, convenience stores, and retail stores like Target, CVS, and Walgreens. Cash App has also partnered with 7-Eleven to provide free ATM withdrawals at select locations.

While not officially confirmed, experts believe that Cash App has partnered with several ATM networks to offer free withdrawals at select locations. And most commercial banks in the US (banks that have consolidated assets of at least $300 million), including major institutions like Chase, Bank of America, Wells Fargo, and US Bank, allow Cash App users to withdraw funds for free. 

How to Find In-Network Cash Card ATMs

ATMs with fee-free Cash Card withdrawals will be branded with the Cash App or MoneyPass logo. But there are a few ways you can search for in-network Cash Card ATMs, too.

First, you can search by network. For example, if you know ATMs that connect to the AllPoint ATM network offer free withdrawals, you can search for AllPoint ATMs near you. Or, if you know that Cash Card withdrawals are free at certain commercial banks, you can search by bank name for ATMs near you. 

But the easiest way is to simply check within the Cash App itself. By using the “Find an ATM” option within the Cash App, you can quickly identify in-network ATMs and avoid unnecessary fees. Just open the app, select the Cash Card icon, and click “Find an ATM”. 

Before getting started, you will be informed that you can withdraw from any ATM in the world and pay lower fees at the ATMs listed on their map. It also explains that all in-network withdrawal fees and 1 out-of-network withdrawal fee each month you direct deposit $300+ will be instantly reimbursed.

Once you allow Cash App to use your location, icons will appear on your map indicating locations with in-network ATM machines. Clicking an icon will provide you with the associated fees for using that ATM. Keep in mind that you will still be charged $2.50 unless you receive direct deposits to your Cash App. 

Why Does Cash App Charge ATM Fees?

Cash App isn’t a bank, so why does Cash App charge ATM fees? Well just like a bank, Cash App incurs costs to process transactions, which are passed on to users in the form of fees. Cash App has to pay fees to connect your card to the processing networks. This is how communication takes place to let the ATM machine “know” that you have funds available to withdraw. In most cases, this fee is passed on to the card user.

How Does a Cash App Card Compare to a Debit Card?

A Cash App Card is similar to a debit card in that it is linked to an account balance and you can use it for purchases, ATM withdrawals, and direct deposit. 

Cash App does not require a traditional bank account which makes it particularly convenient for low-income individuals and young adults. Plus, there are no overdraft fees; with a Cash App account, you can only spend what’s available. However, debit cards from banks typically offer stronger fraud protections and customer service than Cash App.

ATM fees and withdrawal limits differ as well. While ATM fees vary by bank, Cash App charges $2.50. Traditional debit card withdrawal limits generally range from $300 to $1,500 per day, depending on the bank and account type. Cash App withdrawal limits include $1,000 per transaction, $1,000 per 24 hours, and $1,000 per 7-day period.

Use a debit card if you need full banking services, direct deposits, bill pay, and higher security. Use a Cash App Card if you mainly use Cash App, want a simple spending option, and don’t need a full bank account. A traditional debit card is better if your bank offers free in-network ATMs or fee reimbursements. A Cash App Card might be preferred if you receive $300+ in direct deposits monthly to get ATM fees reimbursed.

How Does Cash App Charge ATM Fees Affect Independent ATM Owners?

Are you an independent ATM owner? Don’t worry. Fee reimbursement from Cash App (or any bank) does not directly impact independent ATM owners.

ATM operators still charge their fees. Independent ATM owners make money by charging users a surcharge fee (usually $2–$5 per transaction). Even if Cash App reimburses the user, the ATM owner still receives their fee as usual.

Cash App covers the cost for the user. When Cash App reimburses ATM fees, they credit the user’s Cash App balance after the transaction. The user still pays the fee upfront, but Cash App later refunds them, meaning the ATM owner gets paid regardless.

There is no loss to ATM owners. Unlike some bank networks that negotiate lower fees for their customers, Cash App’s reimbursement doesn’t affect what ATM owners receive. The reimbursement comes from Cash App’s funds, not the ATM operator’s earnings.

So, independent ATM owners still profit from fees, regardless of whether a user’s bank or app reimburses them later. 

Conclusion

So, does Cash App charge ATM fees? Yes. Are there ways to minimize them? Also yes.

If you have a traditional bank account and convenient access to in-network ATM machines, take advantage of fee free withdrawals with your debit card. But if you find yourself far from an ATM that is within your bank’s network, it might be easier and cheaper to find an ATM within Cash App’s network. If you don’t have a traditional bank account at all, take steps to minimize Cash App ATM withdrawal fees by using in-network ATMs and setting up direct deposit.

Interested in making money with ATM machines? Get your free ATM start-up kit today!

How to Set Up an ATM Business: Tools You Need

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If you want to know how to set up an ATM business, you have to know what tools you will need. Starting an ATM business requires specific tools, equipment, and planning. Having this information ahead of time can help you get into business as soon as possible with minimal mistakes.

This article offers you a glimpse at the tools you will need throughout the course of setting up an ATM business. We will even let you know which tools are required, which are optional, and which are recommended. By the time we’re finished, you’ll know just how to set up an ATM business.

Business Formation

One of the first things you’ll need to do is set yourself up as a business. There are a few ways to do this. You can set up an LLC. This provides you with limited liability protection, some tax benefits, and credibility. An LLC does involve some costs and administrative tasks, so you might not consider an LLC until you’ve gotten established and started bringing in some money.

The other thing you can do is set yourself up as a sole proprietorship. This is how most new independent ATM deployers (IADs) start their businesses. When you create a sole proprietorship, you operate under a fictitious business name, or a DBA—doing business as. Regardless of which route you take, you will need this information to open a business bank account and set up the vendor relationship for your business with the ATM processor. 

A business bank account is the second tool you’ll need during the business formation stage. You can’t get very far without it because the ATM company you process with will need the account information. This bank account is where you will withdraw the cash from to stock the ATM machine. It’s also where the processing company will send, or settle, the withdrawn funds so that you can continue to regularly fill your machine and operate.

ATM Equipment

Once you have your business entity and bank account set up, you can purchase equipment! You can purchase equipment earlier, it just saves a step to purchase equipment from the same company you process with. Here, you have many options. 

In short, the largest ATM manufacturing companies are Hyosung, Genmega, and Triton. There are three sizes of ATM machines: wall mount (smallest), freestanding (most common), and through-the-wall (TTW). You can purchase equipment new or refurbished.

Depending on what machine you select, you might have some options regarding features. Keep in mind that most upgrades and add-ons like extra cassettes, special locks, fancy keypads, toppers, etc. are nice to have rather than need to have. This is especially true if you are operating on a tight budget. Many of these things can always be added later once your business starts making money.   

Cash Management

One of the biggest questions about how to set up an ATM business is about the cash. Where does it come from? Whose is it? Where does it go? You have a few options when it comes to cash vaulting as well. 

Most IADs stock their machines with their own cash. You might need $2,000-$3,000 to start. This gets calculated into your startup costs. This money is yours, and after it’s withdrawn it gets redeposited into your account. However, it’s tied up in your business—you can’t use it for anything else or you will have an empty machine! And an empty machine can’t make money.

While $3,000 sounds like a lot of dough, it’s usually the wisest decision for the business. You can arrange to pay the business you set up in to handle this, or you can pay a third party vaulter or service to take care of the cash needs. But those regular bills add up. Alternatively, once you make back your own investment, you stand to profit more. So using your own cash is typically cheaper in the long run.

Location and Placement

You also need a location at which to place your machine. Typically, this would be someone else’s business: convenience store, salon, food truck park, etc. However, it could also be a space you rent in, say, a shopping mall or plaza. 

Working with another business is the cheapest way to operate. You can negotiate a share of the surcharge as incentive, but you don’t have to. An ATM offers a number of other benefits to store owners which you can leverage to help you close a deal. 

When you do, you will need a site location agreement. This is a contract between you and the location owner. It should include details like each party’s responsibilities, revenue share if applicable, termination agreement, etc. You can get a template for this or create your own. Just make sure you cover your bases and don’t neglect this necessary tool.

In terms of physically placing the machine, you’ll need a few things. First is a power supply. It is recommended that you use 110/115v 15a outlets that aren’t dedicated to other major appliances (freezers, refrigerators, etc.). It’s a good idea to use a surge protector, too, and maybe even an uninterruptible power supply (UPS) so that your machine remains operable during any outages.

Finally, you’ll want a drill and bolts to secure your machine to the ground. It’s cheap. It’s easy. And it will save you a lot of headache if someone gets the bright idea to try to steal or break into your machine!

Software and Connectivity

Now, you have your business, your equipment, and your location. You’re ready for customers, right? Wrong. Your machine needs to be connected to the card networks for it to communicate with users’ accounts and dispense cash. Therefore, you need to program the machine. You can do this with the help of your processing company. 

Make sure you have a strong, reliable internet connection. You can use the location’s internet service provider (ISP), but we recommend purchasing your own wireless device. This provides you with control over the functionality of your machine so that you aren’t at the mercy of someone else if connection is lost. The sooner you’re up and running, the more money you’ll make.

Compliance and Security

Next, you want to make sure you are compliant and secure. Your location might require that you have some sort of liability insurance. If they don’t, we’d still recommend it. You can get general liability coverage affordably. This is also something you can opt to spring for after you start making money if you so choose. 

You will also want to make sure your machine is under surveillance. This might mean purchasing security cameras if the location doesn’t have them already. There are other tools you can purchase, too, like anti-skimmer devices and GPS trackers. It just depends on your budget, how much risk your location faces, and your own comfort.

You will, however, want to monitor your machine and its activity. Fortunately, your ATM processor can set you up with remote online monitoring. This provides you with metrics and insights that allow you to manage your machine without having to physically be on-site. 

Marketing and Branding

Once you know how to set up an ATM business, you can focus on marketing. When you’re up and running, you will want to make efforts to bring in customers. The most important thing you can do is make passersby aware it exists! This might involve investing in signage and/or creating an online presence. You can use social media platforms and/or have a custom web page made.

Branding can help create a sense of loyalty and recognition with your customers. It also goes a long way with negotiating new locations when you’re ready to place more machines. You can use social media, a custom web page, custom graphics to display on your ATM machine, and even a custom wrap to spice up a generic machine. 

All of this is optional. However, regularly investing in your business can help generate more revenue.

Ongoing Maintenance

There are some things you’ll have to budget for regularly. For example, if something goes wrong with your machine, you’ll want to have money set aside for a technician if necessary. You will also need a supply of printer paper to refill the machine. It’s a good idea to have some light cleaning supplies on hand, too. No one wants to use a dirty machine. 

Financial Tools

To help manage your finances, you can use accounting software like QuickBooks to keep track of revenue and expenses. Use reporting tools, like those associated with your remote online monitoring system, to monitor transaction reports for performance insights.

Networking and Support

The final tool you’ll need if you want to know how to set up an ATM business is a strong network and support. Partner with an ATM company that offers ongoing support and 24/7 technical assistance. Seek out ATM industry experts and build relationships. Join ATM industry forums and groups where people are always asking questions and offering advice.

Don’t go it alone. Learn from others to minimize avoidable mistakes, share your own experiences, and celebrate successes. 

Now You Know How to Set Up an ATM Business

Now you know how to set up an ATM business, and maybe even a little more than just that! Your next step is to get in contact with an ATM processing company who can help you get all of your documentation in order so that you can get started!

ATMDepot.com is your trusted ATM vendor, processor, mentor, and technical support team. Get your FREE ATM start-up kit, or contact us with any questions you might still have. 

Grab your toolbelt—it’s time to get to work!

How to Start ATM Machine Business in 2026

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How to start ATM machine business in 2026? Well, not much has changed in the past few years. The ATM machine business is a pretty stable, reliable business model that doesn’t involve a huge learning curve. You don’t need any specific education, training, or certification to get started. 

Resolving to be healthy, wealthy, and wise this new year? Don’t wait for good fortune—make it. Make the wise decision to generate some semi-passive wealth. If you want to get into the ATM industry, we can tell you how to start ATM machine business in just a few simple steps.

There is a lot of information out there about the best way to start an ATM machine business. So we’ll break it down into a few simple steps and provide you with information you’ll need to keep up with current trends and evolving technology.

How to Start ATM Machine Business in 2026 in 5 Simple Steps

Step 1: Choose Equipment

The first step in how to start ATM machine business is to select your machine. You can purchase your machine from anywhere, really. But you have to keep in mind that you cannot simply purchase a machine and be in business. That machine must be connected to credit card networks, and that can only happen through a processing company.

So, it might be best to purchase your equipment from an ATM company that serves as a vendor as well as a processor. That way, you know that the equipment you purchase is compliant (more on this later) and will connect to the processing networks. 

Step 2: Paperwork and Contracts

Second, you’ll need to complete the necessary paperwork and contracts. Don’t be daunted, though. It’s really quite basic and nothing more than you’d need to start any new job or business venture.

You’ll need to provide a copy of your driver’s license, complete a background check, and submit an ACH form. This ensures that you are legally allowed to own an ATM business and lets the ATM company know where to deposit your revenue!

And, just like any other “job”, you’ll need to complete a W-9 form for tax purposes as well as any other contracts or documents required by the ATM company who will process your transactions. For example, the ATM company will need documentation of what denominations you plan to dispense and how much you plan to surcharge. This can always be changed, so don’t worry. Once you’re in business, you’ll get a better idea of what you need to service your customers. 

Step 3: Find a Location

This is the fun part. We can give you all the advice in the world, but when it comes down to it, you really know best. The best locations really depend on where you’re located. Where is there a gap in the market? What businesses do you already have a good relationship with who might benefit from ATM services? What locations are convenient for you to commute to?

These are all factors when it comes to choosing locations to partner with for ATM placements. But, of course, it comes down to a little bit of research on your part. What locations need ATM service? What locations are unhappy with their current provider or just need an upgrade? These are prime opportunities for you.

Then, once you find a location that is interested in partnering with you, you will want to develop a contract that meets the needs of both parties. Part of your startup paperwork will include a placement agreement that stipulates a number of policies. Will you share the surcharge revenue? Who is responsible for vaulting? Who will be providing the internet connection? What happens if one party wants out of the contract? These are all clauses you’ll want to consider in a contract between yourself and the location owner.

Step 4: Choose Your Surcharge

A major part of operating an ATM business is setting your surcharge fee. This is the fee that users pay to use your machine out-of-network from their own bank network. This is how you make money from your machine. This fee is increasing across the country, so anywhere from $3-$5 is becoming the standard. 

However, it’s a good idea to gauge the fees in your area to make sure you’re offering a competitive rate. It doesn’t make any sense, for example, to set a $4 surcharge fee if the ATM down the street offers ATM service for $3 a transaction. Alternatively, if the ATM down the street offers a $4 surcharge fee, you stand to make a lot more in just quantity if you offer a $3 surcharge fee.

Step 5: Install Your Machine

Once you have your equipment and location chosen, you can install! Installation is fairly simple. You can do it yourself or, if you choose, can hire a technician to install it for you. The most important installation tip is to bolt your machine down! Making sure that your equipment doesn’t budge is a huge deterrent to thieves.  

Your equipment can come pre-programmed. But if it isn’t, this is also something you can easily take care of yourself either with the help of a user manual, technician call, or video. Once you’re installed and programmed to communicate with the network, you’re in business and ready to make money!

How to Start ATM Machine Business in 2026: What’s Changed

Every year, there are advancements in technology, innovative solutions, and regulations and laws you must abide by. Existing ATM machine business owners know that it is their responsibility to keep up with these changes from year to year. 

But as a new ATM machine business owner, you simply need to be sure that all of the information you receive regarding how to start ATM machine business is relevant, up-to-date, and compliant. Here are some areas to consider:

Regulatory Updates and Compliance

Regulations are always changing no matter what industry you’re in. For the ATM industry, this might apply to accessibility and compliance with the Americans with Disabilities Act (ADA). Or it could apply to payment card industry (PCI) which involves ATM PIN pads and data encryption. 

Furthermore, the rise of cryptocurrency ATMs has attracted regulatory attention due to concerns over money laundering and compliance with financial laws. Operating such machines requires strict adherence to anti-money laundering (AML) regulations, and non-compliance can lead to legal actions.

In other words, ATM equipment you purchase and how you set it up matters and might change from year to year. But you don’t have to worry. There are a number of trusted resources available to guide you including your ATM company. It is their job to ensure that operators they contract with are fully compliant—that is, if you work with a reputable ATM company. 

Technological Advancements

Technology is always changing, too. Newer ATM technology is typically more user friendly, both for the operator and the customer, which is a benefit of purchasing the newest equipment you can afford.

Customers trust equipment that looks sleek, clean, and, well, functional. Moreover, the more convenient ATM features are, the more likely customers are to use it over competing machines. That equates to more transactions and more revenue for you. 

The market is experiencing a shift towards smart ATMs equipped with features like mobile integration, biometric authentication, and cash recycling capabilities. These advancements enhance user experience and operational efficiency, making them a competitive choice for new ATM deployments.

There’s also a growing trend towards ATMs that support contactless and cardless transactions, allowing users to initiate withdrawals using mobile apps or biometric data. Implementing such features can attract tech-savvy customers seeking convenience. 

A decline in physical cash usage could influence your business. However, while cash usage may decline, ATM service is still something consumers need and expect. Just because there are more payment options now doesn’t mean no one uses cash. It is still necessary and convenient in a number of situations. 

And while ATM fees are rising, that just goes to show that there is more money to be made in the industry. Whether you meet the market standard or offer a competitively low surcharge fee, chances are that customers will pay it for convenience’s sake, and that’s good for business.

Security

The more safeguards that are put into place, the more creative criminals get. When one barrier arises, a new breach is invented. Therefore, it is important to remain aware of innovative ATM attacks, tampering tactics, and potential points of a breach so that you can be proactive in preventing and closely monitoring your machines. 

You can’t spot tampering if you don’t know what to look for, and you can’t protect your machine if you can’t predict how someone might attack it. Vigilance is the most important thing you can do when it comes to ATM security. So you need to remain educated about what to look for and actions to take in response.

Tips for How to Start ATM Machine Business in 2026

As you work to start your ATM machine business in 2026, follow these simple tips to ensure you minimize mistakes and maximize success:

First, keep yourself informed of changing regulations. Regularly consult with ATM industry news sources and updates from your ATM company to ensure you remain compliant with the latest standards. 

Second, if your budget allows, invest in advanced technologies. Consider deploying smart ATMs with features like contactless transactions and biometric authentication to meet evolving consumer preferences.

Third, assess market demand. This might mean finding the most lucrative location or simply understanding regional cash usage trends so that you can adapt your business model accordingly. 

Finally, never compromise on security. Implement robust security protocols to protect against fraud and comply with anti-money laundering (AML) regulations, especially if dealing with digital currencies.

By staying knowledgeable of these developments and adapting your business strategy, you can position your ATM business for success in the evolving financial landscape of 2026. Ready to get started? ATMDepot.com can help. Get your free ATM startup kit or contact us today! Check out our complete guide on how to start an ATM business for beginners here. 

Happy new year! We at ATMDepot.com wish you health, wealth, and wisdom. It’s in your hands now!