Start An ATM Business
Ready to create a new stream of passive income? Greenpoint ATMs makes it simple to launch your own ATM business.
We guide you through every step—from helping you choose the right ATM and providing trusted industry contacts, to installation walk-throughs, processing setup, and more. Our team is here to ensure you have the resources and support needed to launch and grow your ATM business with confidence.
Our support team enables you to get started quickly, minimize risk, and maximize your earning potential. Whether you’re a first-time entrepreneur or looking to expand, we’re here to help you succeed in the ATM industry.
Why Start Your ATM Business with Greenpoint ATMs?
Step-by-step guidance from experienced professionals
Ongoing support, resources, and answers long after your first ATM is live
Transparent pricing and reliable equipment
What You Can Expect
When you partner with Greenpoint ATMs, you’ll receive personalized assistance at every stage. We’ll help you navigate equipment selection, connect you with trusted vendors, and ensure your ATM is set up for long-term success. Our team is committed to making the process smooth and straightforward, so you can focus on growing your income.
FAQs About Owning and Operating an ATM Business
What are the key benefits of starting an ATM business?
Starting an ATM business offers passive income, low overhead, and flexible growth potential. You earn transaction fees while providing a valuable service to local businesses and their customers.
How much capital do I need to start an ATM business?
Startup costs depend on several things, including the ATM model and setup you choose ($2500 – $4000). Are you going to replenish the ATM yourself ($1000 – $6000) or have someone replenish the ATM? (25% -50% per transaction). Do you have the tools needed for the install? ( $500 – $1500). Optional expenses include a wireless modem ($100–$300 per modem and up $20 monthly for data, per machine). Expect to invest between $4,500 and $7,000 per ATM if you’re buying outright and handling your own cash loading.
How long does it take to get my ATM business up and running?
Most new owners can be operational within a few weeks, depending on equipment availability, location readiness, and banking setup.
Do I need prior experience in the finance industry to start an ATM business?
No prior finance experience is needed. Greenpoint ATMs provides step-by-step guidance, resources, and support to help you launch and operate successfully.
Do I need to form a company or can I operate as an individual?
While you can operate as an individual, forming an LLC is often recommended for liability protection and easier banking.
What are the typical operating costs associated with running ATMs?
Ongoing costs may include cash replenishment, data plans, maintenance, and insurance. We’ll help you understand and plan for these expenses.
Who is responsible for loading cash into the ATM?
You can load cash yourself or use a third-party cash loading service. We’ll discuss the pros and cons of each approach.
How do I monitor my ATM’s performance and earnings?
You’ll have access to online portals and real-time reporting tools to track transactions, revenue, and machine status.
How do I choose the right locations for my ATMs?
While we do not find locations for you, we offer advice on what makes a strong ATM site—look for high-traffic areas, businesses open late, or places with limited card payment options.
What are the legal and regulatory requirements for operating ATMs?
To operate ATMs, you’ll need to register your business, open a dedicated bank account, connect your ATM to a processing network, and ensure ADA and PCI compliance. You must also disclose surcharge fees, follow any local licensing rules, and maintain basic anti-money laundering policies. We’ll walk you through the essentials to keep your business compliant.
What happens if my ATM needs repairs or service?
We provide ongoing support and can connect you with trusted technicians for maintenance and repairs.
What are the risks and challenges involved in the ATM business?
Risks include theft, vandalism, and fluctuating transaction volumes. We provide guidance on security best practices and risk management.
Can I customize the surcharge fee my ATM charges?
Yes, you set your own surcharge fee based on your business goals and local market standards.
Can I operate ATMs in multiple cities or states?
Yes, you can expand your ATM business to multiple locations, cities, or even states. Just ensure you comply with all local regulations and requirements.
What is the average revenue potential for an ATM machine?
Between ( $30 – $1000 + per machine), Revenue varies by location and transaction volume. We’ll help you estimate potential earnings and optimize your fee structure for maximum profit.
How can I ensure the security of my ATMs and cash holdings?
We recommend secure ATM models, proper installation, surveillance, and regular maintenance. Our team can advise on best practices for ATM security.
Are there any recommended resources or organizations for ATM business owners?
Yes! We can connect you with trusted industry contacts, networks, and educational resources to help you stay informed and grow your business.
Do you offer financing or leasing options for ATMs?
At this time, we do not offer financing or leasing options. All ATMs are available for direct purchase. However, we sell ATMs at cost to all ATM deployers, ensuring you get the best possible price. If you have questions about payment or want to discuss your options, please contact us—we’re happy to help you find the best solution for your business.