Beyond the convenience fee, there’s an additional aspect of revenue generation in the ATM business known as the foreign bank fee. When a cardholder withdraws cash from your ATM, their bank charges them this fee, and a portion of it is typically directed back to you as the ATM owner through a process known as Interchange. This Interchange rate is specifically associated with each surcharge-able transaction, creating an additional stream of income for ATM operators.

Interchange, however, extends beyond just surcharge-able transactions. The ATM business may also receive Interchange earnings on various other activities such as balance inquiries, transfers, and instances where the transaction is denied by the cardholder’s bank. It’s worth noting that the Interchange rate is highly variable and contingent on the processor used by the ATM owner.

Generally ranging between $.10 and $.25 per transaction, Interchange payouts are a monthly benefit for ATM owners, facilitated by the processor. This steady income adds a layer of financial stability to your ATM business. For a comprehensive understanding of maximizing revenue streams and building a successful ATM business, delve into our complete starter guide. It equips you with essential insights, covering everything from fee structures to strategic business development.

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

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