Why should I use KMI ATM?
Because you want a hassle-free professional relationship built on trust and transparency. We promise you a low stress, no-cost ATM that allows you to ask your customers to pay with cash, increases foot traffic, saves you money on credit card fees, and makes you a little money on top. We meet with you to discuss your business, identify whether an ATM makes sense for you, and walk through the different types of installations to maximize earning potential and fit for your business.
How much does a KMI ATM machine cost me?
How much money can I make?
It depends on the traffic to your business and the number of transactions, since you only make money on the transaction fee. With a no-cost ATM, we keep the first 50 transaction fees to cover fixed costs such as the cellular modem monthly fee, and then share $.50 a transaction after that. If you want to buy the machine, you’ll make an additional $1 a transaction. If you want to load the machine with your own cash, you’ll make an additional $1 a transaction.
Who is responsible for installation, maintenance or repairs and what is the cost?
We are responsible for installation. Whoever owns the machine is responsible for maintenance and repairs, but we will help you with troubleshooting and parts replacement if you purchase the machine and run in to an issue.
Do my employees have to do anything?
Entirely up to you. If you want us to take care of everything, you’ll never touch the machine. If you want to do everything yourself, we can teach you.
I've seen ATMs stolen on Youtube videos. How do you prevent damage to my property?
We’ve seen the videos too, and a few simple changes make our ATMs unattractive for attempted theft. Our machines are bolted to the ground and are manufactured with 1/8″ steel, and we locate them away from the front doors and windows to greatly reduce the opportunity for someone to use an automobile or truck to generate enough leverage to break them free.
Is there a lease? How long?
Our typical contract is for three years, but this is negotiable depending on location.
Am I liable for any fraudulent transactions?
No. Every KMI ATM has a chip reader for security, and transactions are only completed after the customer enters their PIN. The ATM communicates via our transaction processor to the customer’s bank, and the bank authorizes their funds to be distributed to the customer. Of course, it is the customer’s responsibility to keep their PIN confidential.
How big is the ATM?
It is just over 4 feet tall, with a footprint of about two feet square.
Will the ATM eat cards?
No. The ATM chip reader can’t eat a card. The card remains external to the machine for the entire transaction.
Is KMI affiliated with any bank?
No, we are a third party ATM provider that interfaces with every bank, but we are not affiliated.
Do you do events and festivals?
Yes, we have the capability to deploy several temporary outside ATMs in enclosures for just about any festival or event.
Have a question we didn't answer?
Please call or email us and we’ll happily answer any questions you have. If they are good ones, we’ll update our FAQs!