For small business owners, adding an ATM (Automated Teller Machine) can be a smart investment that boosts revenue, increases foot traffic, and enhances customer satisfaction. Whether you run a retail store, gas station, restaurant, bar, or convenience store, having an ATM on-site offers a convenient cash access point while generating additional income through transaction fees.
But with so many ATM models available, how do you choose the best one for your business? This guide explores the top ATMs for small businesses, their benefits, and what to consider when selecting the right machine for your location.
1. Benefits of Having an ATM in Your Small Business
Before diving into the best ATM models, let’s look at the key advantages of installing an ATM at your business location.
✅ Increased Revenue from Transaction Fees
- Each time a customer withdraws cash from your ATM, you earn a surcharge fee (typically between $2.50 and $4.00 per transaction).
- This can add up to hundreds or even thousands of extra dollars per month, depending on transaction volume.
✅ Higher Sales from Cash Transactions
- Customers who withdraw cash are more likely to spend it in your store, leading to increased sales.
- Studies show that businesses with ATMs see a 10-25% increase in cash sales.
✅ Lower Credit Card Processing Fees
- Encouraging cash payments reduces credit card transaction fees, saving your business money over time.
✅ Increased Foot Traffic
- ATMs attract more visitors, which can lead to new customers and additional sales.
2. Top ATMs for Small Businesses
1️⃣ Hyosung Halo II – Best Overall ATM for Small Businesses
Why Choose It?
- Affordable and reliable
- Compact design fits in small spaces
- High-security features with an encrypted PIN pad
- Energy-efficient LED lighting for easy visibility
- Remote monitoring and easy maintenance
💰 Price Range: $2,500 – $3,500
🔹 Best For: Convenience stores, gas stations, and retail shops that need a durable, high-performance ATM.
2️⃣ Genmega G2500 – Best for Customization
Why Choose It?
- Customizable screen and receipt options
- Color display and user-friendly interface
- Advanced security features
- Can be upgraded to accept bitcoin transactions
💰 Price Range: $2,500 – $3,800
🔹 Best For: Business owners who want an ATM with flexible design options and future upgrades.
3️⃣ Triton Traverse – Best for Small Spaces
Why Choose It?
- Compact, space-saving design
- Affordable upfront cost
- Highly secure encryption technology
- Energy-efficient and low maintenance
💰 Price Range: $2,000 – $3,000
🔹 Best For: Small retail shops, bars, and restaurants with limited floor space.
4️⃣ Nautilus Hyosung 2700CE – Best High-Performance ATM
Why Choose It?
- Rugged and long-lasting design
- Advanced cash dispensing technology
- Large screen and LED lighting for visibility
- Low maintenance costs
💰 Price Range: $3,500 – $5,000
🔹 Best For: High-traffic locations such as nightclubs, gas stations, or malls that need a high-volume ATM.
5️⃣ Bitcoin ATMs (BitAccess & General Bytes BATMTwo) – Best for Crypto Transactions
Why Choose It?
- Allows customers to buy and sell Bitcoin
- Attracts tech-savvy and cryptocurrency-friendly customers
- Generates revenue from crypto transaction fees
- Can operate as a standalone ATM or alongside traditional ATMs
💰 Price Range: $6,000 – $10,000
🔹 Best For: Businesses in urban areas, tech hubs, or locations with high cryptocurrency interest.
3. Factors to Consider When Choosing an ATM
When selecting an ATM for business, consider these key factors:
🏢 Business Location & Traffic
- High-traffic locations benefit from high-volume ATMs, while smaller businesses may prefer compact models.
💰 Budget & Ownership Model
- Buying an ATM: Requires a larger upfront investment but provides higher long-term profits.
- Leasing an ATM: Lower initial costs but includes monthly fees and shared profits.
🔒 Security Features
- Look for encrypted PIN pads, anti-skimming technology, and surveillance options to protect customer transactions.
🔄 Maintenance & Cash Management
- Decide whether you’ll load cash yourself or use a third-party service for restocking and maintenance.
🖥 Additional Features
- Touchscreen interface, receipt printing, and cryptocurrency capabilities can enhance user experience and attract more customers.
4. Where to Buy or Lease an ATM for Your Business
If you’re ready to get an ATM for your small business, here are some trusted suppliers:
- ATMequipment.com – Offers new and refurbished ATMs with installation services.
- National ATM Systems – Provides ATM leasing, sales, and processing services.
- Hyosung America – Official distributor of high-quality ATMs.
- Local ATM providers – Many businesses prefer working with local ATM companies for faster support and maintenance.
Final Thoughts: Is an ATM Right for Your Business?
Investing in an ATM for your small business can be a game-changer, offering:
✔ Extra revenue from transaction fees
✔ Increased foot traffic and customer convenience
✔ Higher cash sales and lower credit card fees If your business is in a high-traffic location or you want to boost sales while offering convenience, an ATM is a smart, profitable investment.
