Creating Lasting Repairs

Need To Purchase A New Automatic Teller Machine? 2 Tips To Help You Choose The Right One

by Marvin Gilbert

If you are planning to purchase a new Automatic Teller Machine, this can be a big expense. Because of this, you need to ensure you purchase the right one. To help you, below are two tips on what you should consider before you spend your money.

1. Types of Automatic Teller Machines

You will find two types of automatic teller machines (ATMs) available including:

  • Freestanding Automatic Teller Machines

Freestanding automatic teller machines (ATMs) are used in a variety of places, such as inside businesses or sitting on the street.

Freestanding means the ATM is not attached to anything, such as a wall or building. The ATM is secure, however, and would be very difficult for someone to steal. This type of ATM would work best for you if you have a retail store, grocery store, restaurant, movie theater, or any type of establishment where you have a lot of customers coming in and out.

This is beneficial for customers as they can get cash out if they need it. For example, they may not want to use a credit or debit card, so if they have access to cash, they will be more apt to purchase something from you. Freestanding ATMs do not generally accept deposits, however. This is for security purposes.

  • Built-In Automatic Teller Machines

Built-in ATMs are connected to the wall and generally used at banks. There is a teller on the other side of the wall that has access to the ATM.

You will find that most built-in ATMs have a camera that is always on. This allows a recording of everyone, including a person that may be trying to use a card that is not their own. This also helps if someone tries to mug you while you are standing at the ATM. The police could use the camera to find the perpetrator.

2. Security Software Used

There are different types of ATM software available. In many cases, this software can be used to ensure there is enough money in the ATM, as well as a complete history of all transactions made for a specific period.

The type of software you choose depends on where the ATM is located. For example, more secure software is used for ATMs at banks than for freestanding ATMs. This is because bank ATMs allow you to deposit cash or checks. Because you cannot make these deposits with a freestanding ATM not as much security is needed.

Talk with a company like MTech Distributors today to learn much more about them.