Different Types of ATMs for Business
What is the Best ATM for My Business?
Are you looking to buy an ATM? Having an ATM on-site is a smart and profitable option for many business owners; small, medium and large alike. Whether you own a bar, convenience store, nail salon, gas station, or any venue that accepts cash, it has been proven that if customers have the ability to access cash, they tend to spend more money on-site. An ATM can attract new potential customers, especially if your ATM is the only convenient one in the area.
So, if you have decided that buying an ATM is the right choice for your business, let’s look at some of the available types of ATMs.
Styles of ATMs for Businesses
Free-standing ATMs:
Free-standing ATMs are some of the more popular options for many business owners when choosing a type of ATM for their business. Models such as the Nautilus Hyosung Halo II and Genmega Onyx offer a sleek design with a large LCD screens. The beauty of a free-standing ATM is that they can be placed just about anywhere as long as there’s adequate space and a power supply. Free-standing ATMs are also known as retail ATMs and require a 2′ x 2′ space. Most of the most, they are bolted to the floor for security purposes. The most popular free-standing ATMs are Genmega Onyx, Genmega Nova, Genmega 2500, Nautilus Hyosung Halo II, and Nautilus Hyosung Force (MX2800).
Through-The-Wall ATMs:
If you have less space available or are concerned about security, you may want to consider a through-the-wall ATM model. They’re normally installed in rooms with controlled access which offers an added level of security when loading the ATM. To install one, however, you’ll probably have to “put on your construction hat” or find a general contractor. As the name implies, the chassis of the ATM rests on one side of the wall and the interface protrudes through a hole into an adjacent area, or even to the outside of the building.
You have probably seen an ATM of this type at a grocery store or bank. Those models are more complex than the ones available through Lieberman Companies, but like ours, you only see the front of the machine and the back is behind closed doors. Most through-the-wall models are considerably heavier than free-standing models and often have larger footprints to match.
The most popular through-the-wall ATM is the Genmega GT3000. Another option is the Genmega Onyx-W, a compact, lightweight through-the-wall unit which loads from the front. It is excellent for sites with limited floor space.
Brands of ATMs for Business
Unlike cars, home appliances, and TV’s, where there are several different options available, there are only a handful of popular brands of ATM machines. These brands include Hyosung, Genmega, Hantle, and Triton. Each ATM manufacturer offers varying models, and each model is equipped with different lighting options, cassette sizes, and security features. Below are some of the most popular models from each ATM manufacturer.
Hyosung ATMs for Businesses
- FORCE – The FORCE ATM offers enhanced features that include a light in the vault, brightness control on the topper, optional camera, and new wireless mounting bracket.
- HALO II – The HALO II offers a unique, sleek design perfect for any type of location. Eye-catching, customizable color LED lighting around the keypad attracts more users to drive additional transactions and revenue. The keypad, screen interface, and cash exit are positioned for optimal visibility and access.
- 2800T – This through-the-wall ATM has an appealing and weatherized exterior, a brilliant 12.1″ color display, and an integrated topper with brightness control allowing customization for an environment from bright c-stores to dark nightclubs or concert venues.
Genmega ATMs for Businesses
- NOVA – The newest Genmega retail ATM is the NOVA which has a high-definition 17″ screen allowing full motion video on the top half of the screen while running the ATM program on the bottom half.
- Onyx – Whether in a nightclub, hotel, or gas station, the Onyx has the look of a high-end financial ATM to reassure customers and encourage transactions. The Onyx can also hold up to four 2,000 note removable cassettes.
- G2500 – The G2500 comes standard with an 8″ high-resolution wide-screen LCD, which can be upgraded to a 10.2″ touch screen. There is an opportunity to upgrade receipt paper to a 3″ graphics-capable for custom branding or coupons. Optional energy-efficient LED toppers can add visual impact and attract customers.
Hantle ATMs for Businesses
- 1700W – The Hantle 1700W integrates a host of features including a 7″ high-resolution color LCD supporting multiple custom screen advertisements.
- t4000 – The t4000 is an economical, through-the-wall solution with the look and feel of an actual bank ATM.
Triton ATMs for Businesses
- ARGO – The ARGO features an updated, next-generation design with added elements of security, larger screens, and easier-to-read keypads or touchscreen options. Models are now available in an eco-friendly, printer-less model. This reduces each machine’s carbon footprint which results in cost savings.
Used ATMs for Businesses
With used ATMs, business owners can have an on-site ATM without the higher investment of purchasing new. Buying a used ATM can save you on the upfront costs of owning a machine. You could almost consider a used ATM like an “extended test drive.” If you find that the ATM isn’t exactly what you need, you can probably resell the machine easily since ATM machines tend to hold their value quite well. One important factor when purchasing a used ATM is to make sure that the ATM is EMV upgraded and has the new TR-31 keypad.
Where to Buy an ATM for your Business
Lieberman Companies, an ATM distributor and certified ISO processor. We offer secure transactions, competitive pricing on both new and used ATMs, and outstanding technical support for your ATM. Located in Minneapolis, MN, we have longevity in the ATM market and operate machines throughout the United States.
In addition to ATM sales, we offer free full-service ATM placement, which is a great option for many business owners. For more information on ATM sales or how to qualify for a free ATM placement give us a call today at 925-887-5303 or simply fill out the form below.