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ATMDepot CEO Noah C. Wieder recently visited Mint.com to explain why cash is still king in most places and how merchants can take advantage of this fact to create a win-win situation for themselves by either owning and operating their own ATM or by contracting with an IAD to operate one for them. Continue reading
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Aug 18, 2015 /prREACH/ -- Encinitas, CA -- August 18, 2015
ATMs are more popular -- and profitable -- than ever, according to a recent interview given by Noah C. Wieder, CEO of ATM Depot, on Mint.com.
Wieder's business, ATM Depot, caters to individuals, investors, entrepreneurs and independent ATM deployers (IAD's) looking for a flexible, friendly, experienced and honest ATM company.
In the Mint.com interview, Wieder explains that cash is still king in plenty of places and that merchants can take advantage of this fact to create a win-win situation for themselves by either owning and operating their own ATM or by contracting with an IAD to operate one for them.
"ATM users prefer to pay with cash to avoid credit card debt and interest charges, and merchants also prefer cash users; so having an ATM nearby can produce the win-win of more cash business and lower fees for merchants," Wieder said.
In the interview, he goes on to discuss the benefits of investing in an ATM machine and gives a crash course on how a merchant can become an independent ATM deployer.
Topics covered in the interview include:
- Who can invest in an ATM machine
- The benefits of investing in and managing ATM machines
- What to consider before purchasing an ATM
- What are the disadvantages and/or risks associated with ATMs
- The best locations for ATM machines
- Where to purchase an ATM machine
- How ATMs are stocked and who stocks them
- The types of machine models that are available
- And much more
"Additional benefits of owning an ATM include being able to work independent hours, minimal investment, excellent returns and relatively low risk," Wieder said. "The bottom line is there is great potential in running an ATM business properly. A merchant can buy an ATM and have it pay for itself over and over, month after month, by generating fantastic passive income."
The full interview can be read at https://www.mint.com/expert-interview-noah-wieder-benefits-owning-atm.
Wieder's own website, ATM Depot, is available at http://www.atmdepot.com/.
About Noah C. Wieder Noah Wieder is the CEO of ATM Depot and the author of the book, "The Amazing Money Machine -- How to Make Money and Build a Passive Income Owning and Operating ATM Machines."
About Mint.com Mint.com is owned by Intuit and offers individuals a place to manage their cash flow, budget and bills all in one place.
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