ATM

Solving the Challenge of Growing ATM Costs: Managed Services or ATM Outsourcing?

Category: ATM

Published: Monday, 23 September 2019 16:18

Written by Yonas Marcos

Hits: 1031

Despite growth in online shopping and cashless technologies, consumers continue to love cash. According to the 2018 Diary of Payment Choice by the Federal Reserve Bank of San Francisco, cash accounts for approximately 34 percent of all payments across age groups, cementing ATMs as a vital touch point between financial institutions and their account holders – especially for younger consumers.

Read more ...

Selling Your ATM Portfolio – What Buyers Are Looking for Today

Category: ATM

Published: Thursday, 29 June 2017 16:27

Written by ATM Atom

Hits: 2586

As with any business, ATM owners and operators (IADs) get started with one purpose in mind: to make money. They might purchase a few machines, find suitable locations and eventually grow their efforts into a full-time money-making operation. Yet despite the business acumen and go-getter attitude needed to get started, many business owners fail to consider is an exit strategy. In fact, one of the most asked questions from ATM operators is: what is my business worth? Valuation, sale and and how to profitably exit are often a mystery. Triton sat down with Jeff Sosville of ATM Brokerage to pick his brain about portfolio valuation, the state of the market and the variables involved when purchasing or selling an ATM business.

Read more ...

Is It Time to Redesign Card Technology for ATMs

Category: ATM

Published: Friday, 18 November 2016 17:34

Written by ATM Marketplace

Hits: 1588

The oldest challenges in the ATM industry are the security of cash inside the machine and the guarantee that the withdrawer is genuine.

Whereas the magnetic stripe has been used for a long time, EMV chip and PIN is now commonplace in the ATM industry for withdrawals in the U.K. and Europe. But the fact that EMV is not truly global as yet means that fraud can continue to take place.

Read more ...

Upgrading POS devices and ATMs to EMV

Category: ATM

Published: Friday, 23 September 2016 16:30

Written by ATM Atom

Hits: 1536

The problem without a solution. The coming train wreck. No way out. These are but a few of the descriptions being bandied about by ISOs, increasingly frustrated by small merchant unwillingness to upgrade both POS devices and ATMs to EMV.

Read more ...