Switch Commerce provides ATM Processing and ATM Management tools that help you get the most of your ATM Portfolio.
If you’ve been in the ATM processing business a while, you may be feeling like the ATM ISO world has seen better days. Profits are not nearly like we’ve seen in the “good ole days”, especially in the face of the recession and credit crisis. Many can’t help but note how the cost of doing [...]
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In the face of the recession, thieves are employing more innovative schemes to create economic opportunity for themselves. Most ATM thefts involve criminals driving a vehicle into a storefront where the ATM is ripped from its mooring and hauled away. Others involve criminals simply driving up to a freestanding exterior ATM and tearing the terminal [...]
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The Mobile ATM – Why You Need One Mobile ATMs are increasingly an expected convenience at fairs, festivals and trade shows. Savvy event planners are well aware of this expectation, offering services from ATM ISO and IADs on-site at all manner of events. After all, customers with easy access to cash stay longer, spend more, [...]
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For decades the term “Independent System Operator” (ATM ISO) has been the go-to call-name for a number of business models, including those operators who own, deploy, sell and rent terminals. Last year, as the ISO became more actively became involved with the ATM Industry Association(ATMIA), industry powers-that-be decided that the time had come to give [...]
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Are you thinking of installing a new ATM at your retail storefront? The returns from a well-placed terminal can be significant, but it’s a good idea to arm yourself with the most current information about ATM processing and and ATM management before you install your first ATM. Owning and leasing cash machines is become a [...]
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With the convenience of giving your customers access to an ATM comes certain safety concerns that can potentially increase or decrease merchants’ risk in ATM processing. Protecting your customers’ personal exposure to financial and physical danger needs to be top of mind the moment your ATM goes online. Because having a safe location goes hand-in-hand [...]
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Small businesses with one or even several brick-and-mortar locations are seeing an avalanche of benefits from supplying customers with cash at a moment’s notice. The simple truth about having an ATM on the premises is that it reliably attracts new customers. Why? An ATM’s presence encourages cash withdrawals and cash spending in your store and [...]
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Senator Tom Harkin’s (D-Iowa) office has confirmed changes in Senate Amendment 3812, commonly known as the Harkin Amendment. The modified Amendment will no longer set a defined $.50 limit on ATM processing fees. ATM operators, manufacturers, merchants and others in the payment processing industry can take heart in this about face, but the fate of [...]
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The ATM Industry Association (ATMIA) is mobilizing opposition to a Senate Amendment (SA 382) introduced by Sen. Tom Harkin (D – Iowa) and Sen. Chuck Schumer (D – New York) requiring ATM operators to cap their ATM Processing fees at $.50. The ATMIA is working with the Electronic Funds Transfer Association in draft a joint [...]
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