ATM Processing Companies

ATM processing companies provide merchant services for businesses that sell ATM services. ATMs are a unique product in the payment processing space because of the variable fees they charge as well as their strategic placement locations.

How Much Do ATM Processing Companies Charge?

The typical charge for processing ATM transactions ranges from 2% – 4%, and it’s based on a few factors. Moreover, there are other fees such as a per transaction fee that are included. Transaction fees are usually around $0.30.

To save money on payment processing fees, you can leverage a few features specific to your business.

1. Leverage Your Payment History – Your payment history is the number and volume of transactions you have over time. The more money you process along with the time you’ve been in business correlates to your risk profile. Bigger is better in this case and larger companies that have been around longer can negotiate lower rates.
2. Reduce Transactions in Batches – You pay for the number of times information is sent and money is exchanged. Instead of having your processor send over the funds for each transaction, do them in batches to reduce the overall cost.