With the massive consolidation going on within the atm industry, there now is a new avenue to increase your business. When a company is being acquired or going out of business, generally service is sacrificed. Payments get delayed to store owners, and the atm machines will be down for a longer time period than normal. […]
Written on April 29, 2008 | Posted in
Getting New Business |
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In many cut throat markets such as Manhattan, there will always be another atm company that will promise to give the store owner a higher cut. This of course can squeeze the atm owner. Many times, regardless how good you think your contract is, there generally is a gray area that the store owner will […]
Written on April 28, 2008 | Posted in
Getting New Business |
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We are seeing many larger providers taking over large ATM companies. Two major ones occurred this month. One included NJ based Access to Money. $15 Million dollars to be acquired by a public company TRM. The interesting twist here is TRM is being delisted from NASDAQ. Once you are delisted, it is virtually impossible to […]
Written on April 28, 2008 | Posted in
Featured |
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The atm business is in a transition. What initially become a hyper-growth phase, we are now seeing massive consolidation within the industry. Portfolios are being acquried from public and private equity. The one major reason for this is the decrease in net profits per machine.
During the growth phases, machines were installed everywhere. Many companies tried […]
Written on April 24, 2008 | Posted in
Featured |
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When atms gained popularity with banks and indepedent owners, receipt ads were the only form of advertsising. After that, some would brand their atms with a bank name. Fast forward to 2008, and we have an interesting shift in atm advertising.
England is the clear leader in atm advertising. The United States is behind them, but […]
Written on April 24, 2008 | Posted in
Advertising |
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