Mini ATM Machine at Lowest Price for Business (2024)

Micro ATM / Mini ATM / mATM Machine

Mini ATM Machine at Lowest Price for Business (1)

Mini ATM device, which has been introduced by the FinTech industry, serves the needs of people who live in underprivileged areas where digital services in the field of banking, payment and finance have not reached yet. Mini ATM is a service that allows people to withdraw cash using their debit cards if they don’t have any ATMs in their areas. An mATM device is used by local shop owners of an area to provide their customers with the services that a conventional ATM would provide but with some modifications and more convenience.

Get Micro ATM @ 1399/-

In a world where people want everything now and want to be able to withdraw cash in absence of bank branches and ATMs, MiniATM has been seen as the answer for many. Employing it at your small business is an excellent way to make sure you're always prepared for a sudden rush of customers who need cash fast. MiniATM is a great way to earn extra income with minimal effort. MiniATM is the new and easy way to earn money. MiniATM is the perfect solution for those who want to earn more with less investment. As the name suggests, the minimum investment for a MiniATM is very low. You can get started with as little as Rs. 1899/-. This is great news for those who are looking to earn some extra money but don't have a lot of money to invest. With a MiniATM, you can start earning money right away without having to worry about a large upfront investment and increase your earnings by getting an attractive commission of up to Rs. 10/- on each cash withdrawal from BANKIT.

Features of Mini ATM

  • Easy to use
  • Portable
  • Safe and Secure
  • Instant and Quick

What Services Do matm Offer?

Mini ATM service includes the below mentioned services provided with the help of a small hand-sized device-

  • Cash Withdrawal
  • Balance Enquiry
  • Mini Statement

Why Mini ATM is Helpful?

Despite commendable digital transformation in India, some areas still haven’t achieved development in financial sector combined with technological advancement. Hence, the FinTech industry has come with a number of solutions to fulfil the requirements of the people who are under-banked, unbanked, migrants and underprivileged in terms of technological development. One of the solutions to their needs is making available Mini ATM service provider available near them.

Mini ATM bank helps people who suffer from the unavailability of ATMs or bank branches in their areas in various ways like-

  • People can withdraw cash from their bank accounts using their debit cards without visiting an ATM.
  • This service is provided by local shop owners or small businessmen in underprivileged areas. Therefore, people can enjoy the benefits of Mini ATM 24/7.

What are the Benefits of Becoming Mini ATM Service Provider of BANKIT?

BANKIT offers various banking, financial and payment services to the under-banked, unbanked and migrant population of India. Hence, it enables you to start Mini ATM business in your area with less investment and a prospect of higher return.

As a BANKIT agent, you are entitled for the following benefits-

  • On every Mini ATM cash withdrawal, you receive an attractive commission from BANKIT that increases your monthly income.
  • You get the best Mini ATM machine price in the market as BANKIT provides you the Mini ATM device at the most pocket-friendly amount.
  • By providing the service of Mini ATM from your shop, you help the people of your neighbourhood and increase the number of your customers.

How To Use BANKIT’s Mini ATM Service?

BANKIT provides two very incredibly easy ways to use its Mini ATM service.

BANKIT’s Mini ATM service is easy to use and allows you to own the most beneficial business in your vicinity. Help your customers with their money withdrawal needs with the help of Mini ATM service and support BANKIT to promote financial inclusion for everyone.

Mini ATM Machine at Lowest Price for Business (2024)

FAQs

How much does a small ATM cost? ›

While the machines were once considered to be too expensive for many business owners, prices these days typically range from $2,000 to $2,500, depending on the specific make and model.

How much money i need to start ATM business? ›

You will need cash to load the machines on a rotating basis. You should count on at least $2000 per week per terminal. If you plan on deploying 10 terminals you will need at least $20k of working capital to service the machines if not more.

Can I buy an ATM for my business? ›

If you are a business owner who has customers, you benefit when you buy an ATM. Likewise, if you intend to launch a business by placing cash machines in multiple locations, you'll generate more profits by owning the machines yourself.

What is the smallest ATM machine? ›

The Sirius I model is the smallest ATM in its class measuring just 1'2” x 1'10” and is perfect for tight spaces that need a lot of cash.

How much does it cost to own 1 ATM? ›

ATMs cost anywhere from $1,000 to $10,000, depending on if you buy a used or new machine. Although it's cheaper to buy a used machine, they're usually slower and look older, so people may be less likely to use them. There are different types of ATMs to consider, such as countertop or freestanding models.

How much does 1 ATM cost? ›

An average ATM machine costs $3,000. However, they can range anywhere between $2,000 – $8,000. Many factors influence the price, such as the level of banking services available, if it's freestanding or built-in, and whether or not it offers wireless technology.

How much do ATM owners make a month? ›

This means if your ATM does 3 – 4 transactions per day you could earn between $180 and up to $360 or more per month. If your ATM falls in the average usage of 6 – 7 per day, and you charged $2.50 you would earn between $15 – $17.5 per day, at $3.00 you would earn over $20 per day or between $360 – $600 per month.

How do I start a small ATM business? ›

The Planning Process
  1. Determine your startup budget. Determine how much money you have to invest in this venture. ...
  2. Determine the scope of your ATM business. ...
  3. Identify good ATM locations. ...
  4. Determine your ATM transaction fees. ...
  5. Estimate ongoing expenses. ...
  6. Research ATM models and prices. ...
  7. Write a business plan.

Who puts money in ATM machines? ›

Obviously, ATMs at banks will be refilled by the bank itself. However, for standalone ATMs, there are a few different options when it comes to the responsibility of refilling the machine. If a business is the outright owner of its ATM, they have the option of refilling the machine on their own.

Where is the best place to put an ATM? ›

Best Locations for an ATM
  • Banks. Banks, credit unions, and other financial institutions are among the first places people look for an ATM. ...
  • Nightclubs and Bars. ...
  • Hotels. ...
  • Grocery Stores. ...
  • Gas Stations. ...
  • Festivals and Events. ...
  • Casinos. ...
  • Cannabis Dispensaries.

Are ATMs a good investment? ›

Most investors explore ATMs because they can potentially outpace returns available through securities or other investments. So, why are ATM funds a good investment? Traditionally, ATMs have generated reliable cash flow and attractive returns, which is why they are growing in popularity as an investment option.

Can I put an ATM anywhere? ›

Where Can an ATM be Installed? An ATM can be installed practically anywhere that has access to electricity. That's what makes them so great! Nothing beats having easy access to funds when you need them.

How does mini ATM work? ›

In a nutshell, Micro ATM or Mini ATM machine is a portable, handheld card swipe terminal used to dispense cash, in locations where bank ATMs cannot reach. A Mini ATM operates as a unique “Bank-in-a Box”, allowing customers to withdraw cash and know their balance.

What is the difference between mini ATM and micro ATM? ›

ATMs are more common in urban areas and primarily serve cash-related functions, whereas Micro-ATMs are deployed in rural and underserved areas to offer a broader range of banking services and help promote financial inclusion.

Do small ATMs have GPS? ›

If you want to know do ATMs have GPS, the answer is yes. Do all ATMs? No. GPS tracking is an added feature that ATM operators can spring for just like any other security feature or add-on.

How much does it cost to buy ATM machine? ›

ATM Machine

ATM machines can range in cost from $1,000 to $8,000. This is a wide range, but it depends on the size of the machine and the age. Realistically, however, you should probably expect to pay around $2,000-$3,000. That is the range for the most common, free standing ATM machines.

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