How safe is an ATM at my venue? Does it make me a target?
Most footage you see of someone breaking into any sort of venue is a smash and grab. The thieves come in quickly take what they can and leave. The ATM is not an easy target - the till and cigarettes are a far easier target. We recommend that you remove the cash cassettes from your ATM overnight and leave the ATM open. If someone is looking through the windows into your venue and sees an ATM that is turned off and the door open they'll keep going.
How do I get the money back that is dispensed from the ATM?
If you have an EFTPOS machine you would be familiar with receiving a day close for your machine and then receiving the funds in your account the next business day. It is the same with the ATM. The day closes at 3pm and the cash is back into your account the next business day. You also receive a report at the beginning of each day which gives you details of the number of transactions for the previous day and the cash dispensed. You then use this report to ensure that the correct amount of money is deposited into your account.
In a lot of cases, merchants find that they let the ATM do the banking for them. Cash comes over the counter one day, goes into the ATM the next day and is in their bank account the following day. It saves the daily trips to the bank. Most of our machines have dual cassettes and will dispense both $50 and $20 notes making it easier for you to fund the machine with the cash you have available.
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