Frequently Asked Questions About Buying an ATM
How much does an ATM machine cost?
New ATM machines cost between $2,689 and $8,000 depending on the model and features. Entry-level retail ATMs like the Genmega 2500 start at $2,689, while premium through-the-wall models with larger screens and heavy-duty safes run $4,000–$8,000. All prices include free shipping, a 2-year warranty, and no long-term contracts. Used ATMs start around $1,000 for fully compliant, tested machines.
Is owning an ATM machine profitable?
Yes, owning an ATM can be highly profitable. ATM owners typically earn $1.50–$3.00 per transaction in surcharge fees. A machine processing 150–300 transactions per month generates $300–$900 monthly, or $3,600–$10,800 annually per machine. With machine costs starting at $2,689, most owners see full ROI within 6–12 months. Profitability depends on location foot traffic and surcharge amount.
What is the best ATM machine to buy?
The best ATM for most businesses is the Genmega 2500 ($2,689) or Hyosung Halo II ($3,050). Both are compact, reliable, and designed for retail environments with moderate to high foot traffic. For through-the-wall installations, the Genmega GT 3000 ($4,774) is the bestselling option. The right choice depends on your location type, expected transaction volume, and installation requirements.
Where can I buy an ATM machine?
You can buy ATM machines from specialized dealers like ATM Brokerage, directly from manufacturers, or through online marketplaces. ATM Brokerage offers new ATMs from Hyosung, Genmega, Triton, and Puloon with free shipping, 2-year warranties, and no processing contracts. We also provide installation support, technical help, and transaction processing setup nationwide.
Do I need a license to own an ATM?
Most states do not require a license to own or operate an ATM, but requirements vary. Some states require registration with banking regulators or money transmitter licensing if you’re providing cash access services at scale. Your ATM processor typically handles compliance requirements. Contact us for guidance specific to your state.
How long does it take to set up an ATM?
Most ATMs can be installed and operational within 1–2 weeks of purchase. The machine ships within 2–3 business days, and setup takes 1–2 hours for freestanding units. You’ll also need to set up a processing account (1–3 business days) and arrange vault cash. ATM Brokerage provides free installation support and can coordinate setup through our nationwide service network.
