An ATM placement agreement is a simple contract between you and the business owner. It protects both sides. It also helps avoid problems later.
You do not need a long contract. You need a clear one.
At Greenpoint ATMs, we provide a contract template for our business partners, so you do not have to start from scratch.
What to include in the agreement
1. Business names and contact info
List your business name and the location’s business name. Add phone numbers and emails.
2. ATM location and placement spot
Write the address. Also note where the ATM will sit inside the store (near entrance, near counter, etc.).
3. Surcharge fee
State the surcharge fee you will charge. If it can change later, say how changes will be handled.
4. Income split
Write the split clearly (example: 50/50 of the surcharge). Also list when the owner gets paid (weekly or monthly).
5. Who handles what
Make it clear:
- You handle install
- You handle cash loading
- You handle service and support
- The business provides power and space
6. Term and cancellation
Add the length of the agreement (example: 2 years). Also add how either side can end it (example: 30 days written notice).
7. Damage and liability basics
Keep it simple. Note that each side is responsible for their own business and insurance.
Quick Start Checklist:
- Names, address, and contact info
- Exact placement spot inside the store
- Surcharge fee rules
- Income split and payment schedule
- Clear responsibilities
- Term and cancellation rules
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