Skip to content

Human Boundary

Trending News Across the Globe

  • Green-Tea-Can-Have-A-Significant-Effect
    The Time You Have Your Green Tea Can Have A Significant Effect Health & Well-Being
  • [26 Jan] India Republic Day HD Images, Wallpapers, - Free Download
    29+ Indian Republic Day Status for Whatsapp & Messages for Facebook Festivals
  • Use-Cinnamon-And-Honey-For-Losing-Weight
    Use Cinnamon And Honey For Losing Weight Health & Well-Being
  • Are You in More Need of Relaxation in Your Life
    Are You in More Need of Relaxation in Your Life? Health & Well-Being
  • Dovpo Odin 100 Mod
    Dovpo Odin 100 Mod – A New Mini Size Vape Mod Compared To Odin 200 Mod Technology
  • The Search For An Ideal Office Space Made Easy
    The Search For An Ideal Office Space Made Easy Education
  • Points to keep in mind while hiring a car on rent Automobile
  • Pre-workout Meal Help in Better Results at the Gym
    Can Pre-workout Meal Help in Better Results at the Gym? Health & Well-Being
Hand inserting ATM credit card

Investing in ATM Machines as a Passive Income

Posted on November 2, 2019 By Deepak

A passive income refers to the earnings that do not require your active involvement. It means you’re not making any effort for your investment to grow, but it grows either way. An example of this is rental income or stock investment. Although it’s taxable by the government, the Internal Revenue Service typically has a different policy toward passive income.

Most people think that only banks are allowed to have automated teller machines or ATMs. The average person that seeks passive income can look for ATM machines for sale to help them out.

Hand inserting ATM credit card

There are more than 470,000 ATMs in the United States (US), according to the National ATM Council. When you take into account the estimated 327 million people in the US, that is a ratio of one ATM per 695 people. Nowadays, it seems you can find an ATM at every corner in the country.

Even brick-and-mortar stores have an ATM in front. People assume that the bank owns it, but the business actually operates it.

How an ATM Machine Can Add to Your Profits 

If you’re in the restaurant business, installing an ATM on your establishment is a profitable idea. It will increase foot traffic as people will always go to the machine to withdraw cash, and while they already have money in hand, they might as well go inside and treat themselves.

The same goes for convenience stores. For instance, data shows that people tend to spend more when there is an ATM stand in front of a convenience store. The likelihood that they spend their money on your store ranges from 20% to 25%. Additionally, each person visits an ATM about eight to ten times a month.

Every transaction from the ATM will incur a processing fee of between a dollar and eight dollars. However, banks follow a formula of how much you will earn. They consider factors such as the venue, the machine itself, and the owner, and the money is split three-ways.

Now, you get 50 cents or more for each transaction when you own both the machine and the venue.

According to data, an ATM at your average 7-Eleven store will have 3,000 transactions per month. However, those ATMs located in areas with high foot traffic will even record as many as 6,400 transactions each month.

At 3,000 transactions per month, you stand to earn about $1,500 at 50 cents per transaction. Remember, you’re not doing anything except installing an ATM near your store. Imagine if your machine goes through 6,000 transactions monthly? You will earn $3,000 without doing anything. Don’t you think it’s a good idea to look for ATM machines for sale right now?

In some areas, processors allow the owner of the ATM to set the surcharge rate, which means your passive income will grow even more. However, you need to attain the right balance between making a good profit and not driving your customers away. If your transaction fee is too high, chances are, customers will find another machine to withdraw money.

It’s a good idea to test the market first by investing in your first machine. After studying the numbers and finding it sustainable, you can install more machines in multiple locations around the neighborhood.

Business

Post navigation

Previous Post: Why Intraday Trading is Hard if you are just Getting Started
Next Post: What To Expect When Facing Criminal Charges In Nashville

Related Posts

  • Five Strategies To Stretch Your Event Budget
    Five Strategies To Stretch Your Event Budget Business
  • Type Vacuum Cleaners for You Home
    Best Review of Type Vacuum Cleaners for You Home Business
  • Guide-to-Different-Types-of-Magnesium
    Magnesium Chelate: A Brief Guide Business
  • 7 Ways to Market Your Online Business
    7 Ways to Market Your Online Business Business
  • Perfecting the Skater Look
    Perfecting the Skater Look Business
  • Ways of Reducing Paper Usage in Office
    5 Ways Of Reducing Paper Usage In Office Business

Recent Events

  • Dussehra Wishes
  • Happy Dussehra 2015
  • Happy Dussehra HD Images
  • Happy Dussehra HD Wallpapers

Recent Events

  • Navratri Durga Mata FB Cover
  • Durga Maa Aarti Free Download
  • Navratri Wishes & Messages
  • Navratri Garba Songs Download Mp3

Recent Posts

  • How Online Games Can Affect An Individual?
  • Outdoor Cooking and Entertaining: Ideas for Creating an Outdoor Kitchen or Dining Area
  • “Beginner’s Guide: How to Start SEO Yourself”
  • How can you celebrate New Year’s Eve 2024?
  • Happy New Year 2023 Wishes
  • How Safety Apps Takes Care of Employee Safety and Boosts Employee Engagement
    How Safety Apps Takes Care of Employee Safety and Boosts Employee Engagement Technology
  • Republic Day
    Some Unknown Facts about Republic Day Every Indian Should Know Festivals
  • Played Lawn Bowl
    Have You Ever Played Lawn Bowl? Here Are The Reasons Why You Should Business
  • How To Get The Best Office Lease For Far Less
    How To Get The Best Office Lease For Far Less Business
  • Advice To Protect Your Family
    7 Effective Advice To Protect Your Family If You Were Injured At Work General
  • Happy Raksha Bandhan Greeting Cards
    Happy Raksha Bandhan Greeting Cards [Brothers and Sisters] Raksha Bandhan
  • Protect Your Servers From Ransomware Attacks
    3 Ways To Protect Your Servers From Ransomware Attacks Technology
  • Six Tips for a Perfect Skin Health & Well-Being

Copyright © 2025 Human Boundary.

Powered by PressBook News WordPress theme