Benefits of having an ATM in your Australian Pub

Jul 13
07:58

2010

Rich Branson

Rich Branson

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If you are an owner of a pub in Australia, read about the benefits of having an ATM installed in your premises.

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There are a number of fantastic benefits to having an ATM installed in your Australian pub. ATM stands for Automated Teller Machine,Benefits of having an ATM in your Australian Pub Articles and means that users can withdraw cash from the free standing machine. Users of ATMs are charged a transaction fee every time they use the machine.
The key benefit for a pub owner is that visitors to the pub, do not need to leave the venue to find an ATM elsewhere. This leads to customers having more cash on them, and consequently spending more cash over the bar.
Another key benefit to having an ATM installed is that a small amount of revenue is generated every time someone uses the ATM. So, for example the pub owner may earn $0.80 every time someone uses the ATM. If 400 customers use the ATM every week, this is $320 of additional revenue. Due to there being no costs involved, this is pure profit!
Another benefit is that someone walking past the pub may wish to withdraw some cash. By having a sign outside the pub it will encourage non pub visitors into the pub to withdraw money. While they are in the pub they may have a quick drink, a coffee or some food. This brings new customers in to the pub creating more sales and more revenue.
In Australia there are companies that will install an ATM in a pub with no set up costs or on-going charges. The way they pay for the installation is by taking a small cut of the transaction fee. These ATMs often use mobile SIM cards so they don't even require a phone line. This makes them ideal for the pub environment. A good example of a company that will provide an ATM free of charge can be found here: http://www.getanatm.com.au