Skip to content

Human Boundary

Trending News Across the Globe

  • Top Bluechip Mutual Funds in India Finance
  • Teachers Day HD Images & Wallpapers Free Download
    {2021} Happy Teachers Day HD Images, Wallpapers, Pics, and Photos (Free Download) Teachers Day
  • Amit Mishra Is Back to Indian Cricket Test Squad For Sri Lanka’s Tour Sports
  • 4 Unforgettable Ways To Have A Christmas Party
    Berlin Christmas Market Reopens Post Lorry Rampage Festivals
  • Project Management Software
    5 Project Management Software Every Organization Love Technology
  • Get Rid Of Dark Circles Under The Eyes
    5 Easy Tips To Get Rid Of Dark Circles Under The Eyes Health & Well-Being
  • Florida Man: The Origin Story
    Why We Always Hear of “Florida Man” Business
  • 5 Career Coaching Trends You Should Know
    5 Career Coaching Trends You Should Know Education
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

  • 10 Tips On Choosing Renovation Specialist Who Suits For Your Budget
    10 Tips On Choosing Renovation Specialist Who Suits For Your Budget Business
  • Facts about a Personal Injury
    Important Facts about a Personal Injury Case You Need to Know Business
  • Database Consulting For Beginners
    Database Consulting For Beginners — Mistakes You May Be Making When Analyzing Data Business
  • Bhai Dooj Gifts
    5 Exciting Gifts to Send to your Brothers on the Occasion of BhaiDooj Business
  • Detective Services and the Important Role
    Detective Services and the Important Role It Plays In Forensic Investigation Business
  • Best Mixer Grinder
    Guide To Buy A Best Mixer Grinder 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
  • 3 Main Differences Between Individual And Family Healthcare Plans
    3 Main Differences Between Individual And Family Healthcare Plans Health & Well-Being
  • Best Rapid Weight Loss Diet – Lose Weight Quickly and Safely Diets
  • Fast Food Franchises In The World
    Most Profitable Fast Food Franchises In The World Business
  • NBA 2K21 Next-Gen Best Dribble Guide
    NBA 2K21 Next-Gen Best Dribble Guide – 2K21 Next-Gen Dribbling Tutorial For Beginners Sports
  • The Benefits Of Wheatgrass
    The Benefits Of Wheatgrass Business
  • Google Search Engine Erases Medical Records
    Google Search Engine Erases Medical Records News
  • 4 Natural Hair Care Products You Can Make At Home Health & Well-Being
  • Why College Students Should Always Have Email Signatures
    Why College Students Should Always Have Email Signatures Education

Copyright © 2025 Human Boundary.

Powered by PressBook News WordPress theme