Cashless ATM

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Point of Banking systems are designed to work with your customer’s debit, ATM, and credit cards,  giving them access to their cash and allowing them to spend more inside  your store. Point of Banking machines are similar to standard credit card processing machines. The difference  is the terminal is loaded with a custom software program so it only  runs PIN based transactions with a convenience fee that the cardholder  pays. This fee serves to pay for the processing costs incurred.

By  converting card users over to the Cashless ATM, you’ll be making money  on each transaction instead of paying money for each card holders  convenience of using their card.    

 Customers  initiate the transaction on their own. They insert their chip card and select the amount they want. A receipt prints out as a voucher they hand  to you. They can simply request cash only, or make a purchase while  receiving the remaining cash back. You receive whatever cash you put out  within three business days. 

The  amounts are preset by you the merchant by choosing them with your  Merchant Consultant when establishing the account. You can set a limit  on the transactions for as low as $40 or $60 if you do not want to hand  out larger amounts. Customers can also request increments of $1.

The beautiful thing about it is you are making a profit on this transaction instead of paying the fees for a merchant account.

There are no contract terms and can cancel the program at any time. 

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