With companies like @Cardtronics, they will ship the ATM to your store location and install it for you.
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So the customers account is charged $23.50 and your business account is credited $23.50. It's basically like doing cash back at a register, only you get charged $3.50 to do so at the ATM.
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You are providing people with cash on the spot and charging them $3.50 as interest for borrowing from you, is an easier way to look at it.
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That makes a lot of sense. Thanks for the clarification
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What banks are you using to open business account that supports ATM business? No one ever seems to answer this question.
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I answered this in the thread. Credit Unions or small local banks will usually work with you. Large corporate banks hate your business because you are competing with them.
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