Wellington Technologies ATM Cash Machines Machine
Wellington TechnologiesATM Cash Machine
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ATM Documentation
Take the Challenge!
 
Gas station and convenience store owners - Do shrinking gasoline profit margins have you looking for new areas to make a profit? Take a look at your current ATM program. If you don't own your ATM's you are potentially missing out on a very profitable revenue stream.

Do you own your ATM's but the cost of maintenance is eating up all of your profits? Find out how owner repaired ATM's may be the answer for your business.

Now is the time to:
  • Evaluate low operating cost ATM ownership that comes standard with 5-year full parts warranties. Saving you thousands of dollars over 5-years !
  • Check into ATM's that you easily repair with no need to pay a service technician. . . . ever again!
  • Learn about the ease and economics of loading ATM cash daily
  • Treat your ATM as an unmanned cash register and increase profits.

ATM ownership today is no longer rocket science and consumes almost none of your time at all. When considered as a revenue stream for your business and not just a customer convenience, most Wellington ATM owners have found that ATM profits have become a major contributor to their monthly net income.


Accept the ATM challenge.it's easy!
1-800-494-6984



Free machine (ATM placement program) vs. ATM ownership

There are NO Free Lunches in business! When you have free ATM's in your business you may be thinking that you have the best of both worlds. You have no up front cost for the ATM equipment, your employees have no contact with the ATM equipment other than to make a phone call when it is down and you are not responsible for the vault cash in the ATM. You may receive a small portion of surcharge AND you have been sold on the benefit to you as a customer that a large percentage of the money withdrawn (20%) from the ATM will be spent in your store. The bottom line is that if you are considering your current ATM program as just a customer convenience someone other than you is profiting. The following information will help you understand how ATM operations can work to your advantage while increasing your bottom line.

Now is the time take control of your profitability with a 100% owner-repaired ATM from Wellington! 1-800-494-6984


Vault cash requirements - ATM usage is basically static. By analyzing your past ATM transaction activity you can determine the amount of vault cash that is required on a daily basis with a high degree of accuracy. Why? ATM usage does not typically fluctuate unless you are in an area where there are large increases in customer traffic seasonally. Neighborhood ATM transaction volume will be known within 3-5 days of initial placement and rarely if ever (even with all the signage in the world) increase or decrease to a great degree, unless your customers viewed the ATM as an unreliable source funds (see performance issues).


For a better view, please click on the image below:


The information in the tables above can help in determining the daily amount of Vault Cash needed for loading in the ATM. In this illustration it can be determined that less than $4,000 of Vault Cash is needed on the busiest day of the busiest month at this location. During the slowest month less than $2000 per day is needed and it is more frequently less than $1000. Keep in mind that the Vault Cash withdrawn from every Wellington processed ATM is repaid to its owner via bank direct deposit the next business day.

Estimating cash needed for ATM transactions is no different than determining cash requirements for your cash registers. Of course you anticipate needing more cash on certain days of the week or during certain times of the year. You always want to make sure you have plenty of cash on hand over holiday weekends. The ATM is NO different than your cash register. It is very quick and easy to balance and load your ATM's Vault Cash daily, easier than a cash register because you are only dealing with one denomination of cash (typically $20).

Once you have determined the required vault cash for a particular location you will only have to adjust for the high than normal demands described above. Since your vault cash is re-deposited daily there is no need for you to have to load $10,000 - $20,000 into the ATM at a time. It can easily become a part of your manager's daily routine just like your cash register(s).


It's your money, make it work for you.EVERYDAY! 1-800-494-6984


The following is an example of ATM transaction volume at a small neighborhood convenience store in a highly populated region in the Southern U.S. It was installed the 2nd week in December and you can see that the usage pattern has already been determined. Additional signage in the form of a lighted window sign and stickers on the doors and windows were added in week 5, it is not showing an additional increase in transaction volume after 2 weeks with signage.

transactions2


You can see that on a typical day only $600 or less is sufficient Vault Cash for this ATM location.

Loading Vault Cash - Now that you have determined the amount of money your ATM needs to operate on you can decide how often you want to load it.

Daily Loading Saves Time and Money

  • Uses the ATM as unmanned cash register - add cash and balance daily
  • Does not effect cash flow - money is recycled next business day
  • Decreases temptation - If you are also removing your cash nightly you are removing the motivation for thieves to break into your business and steal your ATM believing it is loaded with the typical $10,000- $25,000.
  • One of the most expensive parts of the ATM is the dispenser - especially if it is designed to hold 1000+ notes - ATM's with smaller dispensers cost less to own and operate.

Yes.Wellington does that! Whatever your ATM needs find out how we can help. 1-800-494-6984


The Employee Factor

It can be argued that giving Store Managers access to ATM Vault Cash provides too much temptation and increases employee theft. However our studies show that employee theft from ATM Vault Cash is much less cash registers. Many Wellington processed chains and single stores now have technology on their side via the Internet. ATM monitoring and reporting can be done daily from a central location and requires very little time with proper training. Requiring Store Managers to report ATM activity and balances as part of their daily routine makes it very difficult for them to misplace ATM Vault Cash without detection. Nearly 99% of all Wellington ATM owners load their own Vault Cash daily will very little or no loss of cash. Just ask for our Self Loading ATM Owner reference list and ask them yourself! Store management is the best choice for ATM responsibility and even with their already demanding routine have no problem including the 5-10 minutes required for stocking and balancing the ATM. Store managers can appoint key personnel to handle the task in their absence just as they would any other function such as balance the cash registers, preparing daily deposits and ordering stock.
 
 

Give Wellington Technologies a call today to find out how
we can help you with your ATM needs!
1-800-494-6984


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