The ATM Convenience fee, ranging from $2.00 to $3.00, represents a crucial aspect of the ATM business model. Typically, this fee is subject to a split or partial payment, and the distribution hinges on factors like the specific location, account volume, and the discretion of the ATM owner. This dynamic split, which can be either a percentage or a fixed portion of the total surcharge fee, is a pivotal decision within the owner’s purview.

To further tailor the process, ATM owners hold the flexibility to decide whether the split occurs automatically on a daily basis or is aggregated and disbursed on a monthly schedule, facilitated through methods such as checks or Automated Clearing House (ACH) transactions. The intricacies of this split structure are integral to optimizing revenue and fostering effective partnerships with merchants or location owners.

Start your journey to ATM business success with confidence and expertise!

Here is our complete starter guide  to starting an ATM Business.