In today’s competitive retail landscape, Canadian businesses are always searching for ways to increase revenue and improve customer experience. One strategy that’s gaining traction across the country is installing in-store ATMs. Whether it’s a convenience store, gas station, restaurant, or cannabis dispensary, business ATM installation is proving to be a simple, effective, and low-maintenance method to increase retail sales ATM.
In this blog, we’ll explore how ATMs are changing the game for local businesses in Canada, uncover the financial and strategic benefits of ATM ownership or placement, and explain why now is the perfect time to consider an ATM for business.
Why Are More Canadian Stores Installing ATMs?
The shift toward cashless transactions hasn’t killed the need for cash—in fact, it has made on-site ATMs more valuable. Many customers still use cash for tips, small purchases, or for privacy and budgeting reasons. This is especially true in sectors like convenience stores, bars, and retail shops, where cash transactions remain a key part of daily operations. As a result, many Canadian retailers are seeing the benefits of in-store ATM not just as a convenience for customers, but as a smart way to drive additional income and foot traffic.
The Business Case for In-Store ATMs
1. Direct Revenue from Surcharges
One of the most immediate benefits of installing an ATM is the surcharge revenue. Each time a customer uses the ATM, they pay a fee, anywhere from $2.00 to $4.00. Business owners can set this surcharge and earn a portion or the full amount, depending on their agreement with the ATM provider. This creates a passive income stream with virtually no extra effort.
Example:
If 300 customers use the ATM in a month with a $3 surcharge, that’s $900 in monthly revenue, over $10,000 annually.
2. Increased In-Store Spending
Customers who withdraw cash are more likely to spend it immediately. Studies show that a significant percentage of ATM users make a purchase on-site after withdrawing money. For stores that offer impulse products like snacks, drinks, or lottery tickets, this can lead to a noticeable increase in daily sales. Business ATM installation isn’t just about giving access to cash; it’s about keeping that cash in-store.
3. Reduce Credit Card Fees
Every credit card transaction comes with a processing fee, typically between 1.5% and 3%. When customers use cash instead, it reduces the store’s card processing fees, which can add up to thousands of dollars in annual savings.
4. Boost Customer Convenience and Loyalty
An ATM for business isn’t just about sales—it’s about service. Offering cash access on-site saves your customers time and effort, which enhances their overall shopping experience. Happy customers tend to return more often, and a convenient ATM can make your store a regular stop.
5. Attract More Foot Traffic
Many customers actively search for nearby ATMs, especially in cash-based neighborhoods or near nightlife spots. Having an ATM listed on navigation apps like Google Maps or Apple Maps can drive new foot traffic to your location, where those users may also become paying customers.
Which Businesses Benefit Most from In-Store ATMs?
While nearly any type of retail or service business can benefit from an ATM, the following industries see the greatest returns:
- Convenience Stores & Gas Stations are often located in high-traffic areas with small-ticket items that people prefer to pay for with cash.
- Restaurants & CafesTipping culture and small bills make these ideal locations.
- Cannabis Retailers Due to banking restrictions, these shops often deal primarily in cash.
- Salons & Barber ShopsCustomers withdrawing money for tips or quick services frequently use on-site ATMs.
- Nightclubs & Bars Patrons often need quick access to cash for cover charges, drinks, or valet tips.
Choosing the Right ATM Setup for Your Business
There are two main models for ATM ownership:
1. Full Ownership
You purchase the machine and manage its maintenance and cash loading. You keep 100% of the surcharge revenue but are responsible for everything.
2. ATM Placement Program
A third-party provider installs and maintains the machine. You earn a share of the surcharge revenue with no upfront investment. This is a popular choice for small and mid-sized businesses.
When considering business ATM installation, weigh your capital availability, time, and the potential return on investment.
How to Get Started
Step 1: Assess Your Location
Is your business in a high-foot-traffic area? Do your customers still use cash? If yes, you’re a strong candidate.
Step 2: Compare Providers
Look for a Canadian ATM provider offering clear contracts, high uptime rates, and strong customer service.
Step 3: Choose the Right Machine
Modern ATMs come with touch screens, EMV card readers, and wireless connectivity. Some even offer advertising space or digital receipts.
Step 4: Promote the ATM
Let your customers know it’s there. Use signage, window stickers, and online listings to drive usage.
In-Store ATM Benefits: What Canadian Owners Are Saying
“Installing an ATM in my convenience store was one of the best decisions I made. I earn passive income, and customers often spend what they withdraw right here,” says Malik R., a store owner in Mississauga.
Cindy L., who owns a salon in Vancouver, adds: “I used to get asked all the time if there was an ATM nearby. Now that I have one inside the salon, customers are happier—and tips have gone up!”
Future Trends: The Evolution of Business ATMs
Modern ATMs are becoming smarter. Some allow mobile cash withdrawals, QR code scanning, and even crypto integration. As the tech evolves, so does the opportunity for small businesses to offer more services without heavy investment.
In the coming years, expect to see in-store ATMs that also:
- Dispense gift cards
- Offer bill payment services
- Provide loyalty rewards and advertising space
For forward-thinking Canadian businesses, the ATM is no longer just a cash dispenser—it’s a multifunctional business tool.
Final Thoughts
Canadian businesses are boosting profits, increasing foot traffic, and improving customer convenience with in-store ATMs. Whether you’re looking for passive revenue or simply want to reduce card transaction fees, a business ATM installation could be a game-changer. It’s not just about having a machine—it’s about making your store a destination for both convenience and commerce.
FAQ’s
Q1: How does an ATM increase business revenue?
A: By earning surcharge fees per transaction and encouraging cash spending, an ATM adds both passive and active income to your business.
Q2: Is it profitable to have an ATM in my store?
A: Yes. Businesses often earn hundreds or even thousands in monthly surcharge fees, plus an increase in-store sales and lower credit card processing costs.
Q3: Do customers use store ATMs frequently?
A: Absolutely. ATMs in high-traffic locations see frequent usage, especially in cash-reliant neighborhoods and businesses that don’t offer tap-to-pay.
