There are four main things to consider when buying an ATM.

Consideration#1

Decide if your business is a good match for an ATM.

1. Do you want to be paid exclusively in cash? 
2. Are there any other businesses near you that are paid predominantly in cash? 
3. Is your ATM going to be the only one within close walking distance from your business? 
4. Do businesses in your industry commonly have an ATM at their location? 
5. Are your customers requesting a cash back when they pay with their debit card? 
6. Do you have customers frequently asking you where the nearest ATM is?
7. Is your business a gaming venue?

Yes?

If you answered "yes" to one or more of the questions above, it means that your ATM will do well financially.

Consideration #2

Determine what type of an ATM machine you want for your business.

There are two ATM models: a lobby style of ATM and a through-the-wall ATM. Most ATM models come with two types of safes: Business Hours and Level 1. The main difference between the two safes is the thickness and strength of their walls and the difficulty of opening. Business hours safe is perfect for an ATM placed well within the interior of place of business, while Level 1 safe is better suited for outdoor, through-the-wall ATMs. The weight for the lobby style NH 2700 CE is 120 kgs, while for the through-the-wall version of the same model is 325 kgs.

Sleek and ultra functional ATMs for all types of business locations

If you expect heavy usage of your ATM proposed location go for the through-the-wall ATM model.

Luckily, one of the best looking ATM models in the Australian market is actually one of the more affordable new models (NH 2700 CE ATM model). This Nautilus Hyosung ATM will look great in any business, which is conscious of its look. After being in the industry for 14 years and having had extensive experience with multiple ATM models from different ATM manufacturers, we have decided to currently provide only this ATM model (in two different sizes) to our customers, because it appeals to our aesthetic sensitivity and because we believe that this model ticks all the boxes from looks to functionality, price and capacity. 
The screen size on both the NH 2700 CE lobby and through-the-wall ATM is the same: 10.1 inches.
(Photo of actual model shown).

Our ATMs are very secure.

All of our ATMs are built to withstand all common threats.

The NH 2700 CE locks range from standard electronic locks to Cencon and S&G locks. The Cencon is the standard ATM lock on this model, which also is a standard lock for most new ATMs in the Australian market. The Cencon lock includes dual access control, one time combinations, encrypted electronic keys, alarm connectivity, and internal power source. Third-party cashing service providers require that ATMs they service upgrade to Cencon or software-based system like S&G.
The NH 2700 CE comes with two cassettes, each capable of storing 2,000 notes. For most customers, this note capacity is more than enough.

Consideration #3

Choose your ATM business model.

Buy your own ATM business model

Pros and cons

Pros of the buy your own ATM model:
+Most lucrative of the three business models;
+No ongoing costs beside occasional maintenance;
+You set the direct charge for cash withdrawals and balance inquiries;
+You get the lion share of the direct ATM charge;
+No credit checks required;
+You can resell the ATM when you exit your business. 


Cons of the buy your own ATM model:
-Highest start up costs;
-You pay for maintenance and regulatory upgrades.

Looking for a free ATM?

We can still help you with that.

If you want to make money off an ATM without outlaying capital to buy, install and maintain it, we can still help you provided that your proposed ATM location meets our performance criteria. We will install and service your ATM machine for free while you cash the ATM and earn a commission on ATM withdrawals. Call us on 1800 MR ATMS or email us at sales@mandrakeatm.online to book your consultation today. 

Get a free ATM business model

Pros and cons

Pros of this model:
+Lowest start up costs compared to the other 2 models;
+You don't pay for maintenance and regulatory upgrades.

Cons:
-You do not set the direct ATM charge;
-Direct debit authority required;
-Credit checks required;
-You get a much smaller share of the direct charge compared to the other two models;
-You do not get paid if your ATM does not meet a minimum transaction threshold;
-You must convince an ATM supplier that your ATM will do enough business;
-Least profitable option in the long run;
-ATM is likely to be pulled out of your venue if it does not meet the minimum transaction threshold on a regular basis.

Lease your ATM business model

Pros and cons

Pros of this model:
+Lower start up costs compared to buying your ATM outright;
+You set the direct charge for cash withdrawals and balance inquiries;
+You get the lion share of the direct ATM charge;
+No minimum transaction threshold required;
+You own the ATM at the end of the lease if you lease it from us.


Cons:
-Direct debit authority required;
-Credit checks required;
-You pay for maintenance and regulatory upgrades;
-There is a fee to exit the lease if you change your mind;
-More expensive overall than buying your ATM outright due to interest paid on the financing.

Consideration #4

Estimate how quickly you will repay your investment in an ATM from your ATM earnings.

Let us assume that you have done your basic calculations regarding the potential performance of your proposed ATM location and that you are ready to invest time and money in buying and operating an ATM. There are many ATM models in the Australian ATM market. There are only a handful ATM models that are actually good value for money for Australian SMEs. ATM machines in this more affordable price bracket cost anywhere between $7,000 (for lobby style ATM) to $12,000 (for through-the-wall ATM) when bought new, although there are sometimes excellent compliant second-hand ATMs that you can pick up for $4,000. An ATM doing 500 cash withdrawals a month could easily net $1,000-$1,100 for its owner each month, which means the ATM will be fully paid in 7 months. The life of our new ATMs is easily between 8-10 years, since they are designed to perform 10,000 transactions a month. This means that for the life of the ATM you can easily net a profit of $113,000.  For more detailed info on the earning potential of ATM machines on our network, click the relevant button below.

Buying and operating an ATM is easy

Call us on 1800 672 867 or email us at sales@mandrakeatm.online

Man considering ATM suppliers

Considering ATM suppliers?

With over 100 ATM independent providers, it is hard to get your head around the different options.

We are here to help you make a more informed decision. Click on the image or the button below to find additional information regarding the Australian ATM industry.

Get in touch

Please complete this form to get in touch

Thank you for contacting us. We'll get back to you promptly.