TransNational ATM Blog

Understanding the Benefits of a WBENC Certification

Posted by TransNational ATM on Oct 19, 2018 5:45:00 PM

A goal was set by President Clinton in 1994 to award women-owned companies with at least a 4% of available government contracts. The number granted to businesses with female leadership hasn’t risen much beyond that in over a decade. The biggest challenge facing women business owners is gaining access to decision-makers in charge of awarding contracts.

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How to Buy an ATM for Your Business

Posted by TransNational ATM on Sep 20, 2018 4:51:00 PM

Installing an ATM in your business has many advantages. Studies show that retailers with an ATM have 25% more foot traffic — and many of those transactions result in in-store purchases. Also consider the additional revenue you earn from the surcharge or convenience fee customer are charged when they use your ATM.

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ATMIA Educational Scholarship Program Sponsored by TransNational ATM

Posted by TransNational ATM on Aug 16, 2018 1:53:24 PM

The world’s first ATM was installed 51 years ago, in 1967, in London. Since then the ATM industry has advanced and revolutionized financial services, directly impacting the lives of a vast majority of people worldwide.

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Topics: ATMIA, scholarship, atm industry

Cash is King

Posted by TransNational ATM on Jul 24, 2018 9:59:00 AM

Think of the last time you filled up your vehicle's gas tank. As you were pulling into the service station, you likely noticed that the price if you paid by cash was a few cents less per gallon than the price were you to pay by credit. Though many service stations have enacted this policy to maintain profit margins (it's estimated that credit card transactions cost about 3 percent more than cash-only transactions), this is an example of why cash is still relevant in today's world. In fact, it's estimated that 40 percent of all transactions in the U.S. are made using cash. Conversely, less than 20 percent of transactions are made with credit cards. 

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Dispute Details: Understanding the Issues that can Arise with ATM Withdrawals

Posted by TransNational ATM on Jun 29, 2018 3:07:21 PM

Of all the equipment used in modern banking, few devices are more important than the ATM. There are more than 3 million ATMs all over the world, including roughly half a million in the U.S. These machines provide a vital service for consumers, allowing them to obtain cash quickly and securely without going to a bank. But they are also vulnerable to errors and fraud, which can put their users’ money at risk. It is thus essential that you understand the ATM withdrawal dispute process, how it can help you, and what can go wrong with it.

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Topics: General ATM Info

ATM Operations in Today’s New EMV World

Posted by TransNational ATM on Jun 29, 2018 12:46:33 PM

Transactions are down, operation costs are going up... What do you do to survive and thrive now?
ATM operators have been facing increasing difficulties in running their businesses. In addition to decreased interchange and lower transaction volumes, increasing fees from banks, ATM management costs have been on the rise. New state and local regulations, federal anti-money laundering initiatives which have closed ATM operator bank accounts, security upgrades and network fees are all contributing to the growing burden on independent ATM deployers.

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Unique Places Where You Might Find an ATM

Posted by TransNational ATM on Jun 1, 2018 2:28:00 PM

We live in a credit-based society. A 2014 Gallup poll revealed that 71 percent of American consumers carried credit cards. While this form of payment dominates in several industries, credit-card operations remain impractical for some business models. This is particularly true for companies that primarily conduct small transactions, as processing fees add up quickly. In such cases, access to an ATM may prove preferable.

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Topics: General ATM Info

Having an ATM On-Site Can Provide a Big Business Boost

Posted by TransNational ATM on May 17, 2018 6:08:24 PM

As a retailer, convenience store owner, gas station operator or other small-business location, you try to give your business every possible advantage. Even though the world of digital payments is quickly evolving, you should still consider having an ATM at your location. This one simple step can provide a big boost to your bottom line.

Here are just some of the benefits of having at ATM in your business:

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Topics: General ATM Info

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