We have a proven way to add more revenue to your business. A Point of Banking (Cashless ATM) Terminal provides your customers with the convenience of using ATM/Debit cards and credit cards with pin based cash advances. Consumers expect to be able to use their ATM/debit cards to make purchases at all types of businesses. They will pay a surcharge fee for the convenience of an ATM, which helps them avoid a drive to the bank or another destination saving them time and hassle . Customers access their bank accounts with this Cashless ATM without leaving the establishment.
Vx510 handswipe Point of Banking Terminals work similar to Cash ATMs except funds are deposited into any of your bank accounts at the conclusion of the business day. It is set up for $5.00 increments to closely match the purchase of your customer, and then you would simply give them change for the difference. Point of Banking Terminals work with your customer’s bank, giving them access to their cash so that they can spend more at your location. Most Bank/ATM Cards and Credit Cards using pin numbers are accepted.
This is how the process works. First, the merchant slides the customer’s ATM/Debit card through the POB Terminal and designates from which account to withdraw funds (checking, savings or credit). Then the customer enters their PIN# on the pin pad. The merchant enters the amount of the transaction closest to the $5.00 increment and asks the customer to agree to a small convenience fee. Then the terminal connects to the ACH network and validates the transaction in a matter of seconds just like a Bank ATM. The POB Terminal prints out a customer’s receipt and a copy for the Merchant.
CASHLESS ATM PROGRAM BENEFITS:
- Eliminates Credit Card processing fees
- Ethernet Equipment Package is only $349.95
- Ready to use, out-of-box
- Plug in and take payments
- Works best with Internet hook-up
- Verified for security and PCI Compliance
- Safer and more reliable than cash ATMs
- Increases sales and average checks
Service not available in Colorado and Washington state. Alternatives are available – contact.
Old School print and fax forms:
To receive additional information on the Mobile Cashless ATM Program email Jay Garris at GreenThumb Payment Solutions LLC, or call the office at 404-205-0275.
If you are not familiar with our Point of Banking (Cashless ATM) Program, click here for additional information.