CREDIT UNIONS:
Changing economic conditions mean you've got to take a hard look at new ways of making money and increasing profitability. ATM-dispensed Gift Cards are all about time and place convenience and offering your members the functionality and value that distinguishes your ATMs from all the rest. How are you going to capture your share of a prepaid market forecast to be $672 Billion in 2013? Turn your capital investment into a revenue-generating asset when you offer Gift Cards from your existing ATM infrastructure with Better ATM® Services' patented technology.
Click each topic to find out more.
- ATM-Dispensed Gift Cards save Time and Money
- Secure Distribution Channel Protects Your Members and Your Investment
- Additional Distribution Channels at Branded Locations Means Business
- Convenience for Your Members + Increased Revenue
- Utilize Latent ATM Capacity or Dedicate a Cassette to Grow Revenue
- Market Credit Union Services, Sell Advertising Space and Increase Revenue
- Easy Reconciliation Process Using Better ATM Services Technology
- Consumers Say gift Cards Aren't Just for Special Occassion
Want to know more? FAQs
1. ATM-Dispensed Gift Cards Save Time and Money
Tellers need to be focused on core services and your focus is on operational efficiency and revenue. Why waste valuable time and resources and keep consumers standing in line when there is a better way? Better ATM® Services’ patented prepaid card dispensing technology can be added to your existing fleet of ATMs with minimal modification. What’s more, no more paper hassles because the necessary terms and conditions are attached on the Gift Card sheet. Back to List
2. Secure Distribution Protects Your Members and Your Investment
You know that the ATM is a Level 1 safe with limited access. Add Better ATM® Services’ tracking software and you also have the necessary tools to monitor the sale and distribution of Gift Cards. Auditing sales and distribution becomes a simple process using Better ATM® Services’ Better Track IT system. Back to List
3. Additional Distribution Channels at Branded Locations Means Business
Investing in off-site ATM locations means better service for your members and more business for you. We understand it can be cumbersome and expensive. However, Better ATM® Services can sharply reduce this cost and increase revenues. Count on our experience to take the complications out of getting your program up and running. We can even help you with your off-site location management. Back to List
4. Convenience for Your Members = Increased Revenues
Do you really want to send your members to someone else to buy their Gift Cards? Make that investment in your current ATM infrastructure payoff with increased revenue streams, while you provide your members with cash services and Gift Cards. ATM-dispensed Gift Cards provide convenience, offset the cost of your ATM infrastructure, and deliver profitability. Back to List
5. Utilize Latent ATM Capacity or Dedicate a Cassette to Grow Revenue
Turn that cassette into a revenue-producing asset when you sell Gift Cards right from the cash tray. Distinguish your brand, while offering a new level of value and time and place convenience. Back to List
6. Market Credit Union Services, sell Advertising Space and Increase Revenue
The second and third panels of Better ATM® Services' ATM-dispensed Gift Card sheet offers two to four panels of additional advertising space. Reach members and anyone who uses your ATM with targeted messaging and advertise your services or sell that space. We work with companies that sell this advertising space to nationally recognized businesses offering complementary or non-competing products. How much advertising is available on your teller sold Gift Cards? Back to List
7. Easy Reconciliation Process Using better ATM Services Technology
Why waste valuable time manually reconciling financial transactions? Better ATM® Services has developed a customized tracking system for Gift Cards sold using the ATM infrastructure. The "Better Track IT" system resolves many of the usual problems opening a view to the sale and distribution of Gift Cards and provides automated reminders to perform essential tasks. Back to List
8. Consumers Say gift Cards Aren't Just For Special Occasions
Gift Cards are the stress free shopping solution and they're not just for special occasions any more. Sure, your customers see Gift Cards as the perfect gift for birthdays, anniversaries, holidays and any gifting need. However, the latest research from payments processor First Data, an experienced gift card programs operator, found that nearly 20 percent of gift cards were purchased for no particular reason. People are buying to say thank you to a friend or to use as spending cards for themselves. Gift Card sales will continue to climb, and your revenues will too, when you offer ATM-dispensed Gift Cards. Back to List
FAQs
- Why do I need Better ATM® Services to dispense Gift Cards? Can’t I do it on my own?
- What ATM manufacturers and models can dispense Gift Cards?
- Will dispensing Gift Cards void my manufacturer warranty?
- What steps should I take so I can sell Gift Cards from ATMs?
- Can all processor/drivers handle a Gift Card purchase?
- What do I do if my Processor/Driver is not on the certified list?
- Whom can I contact at Better ATM® Services for more information?
- What do I do if I do not currently have a Gift Card program?
- Is your Gift Card program eco-friendly?
- How much revenue can my company make by selling Gift Cards
1. Why do I need Better ATM® Services to dispense Gift Cards. Can’t I do it on my own?
Better ATM® Services has a patent for the distribution of Gift Cards and prepaid media from the ATM and several other patents pending surrounding our technology. Our established relationships with they key players and our patented process for rolling out your card program means better deals and more profits for you. Back to FAQs
2. What ATM manufacturers and models can dispense Gift Cards?
Better ATM® Services has certified ATM models and dispensers from several manufacturers including Diebold, Triton and NCR. Wincor Nixdorf ATMs have been extensively tested and we’re actively working with the manufacturers to certify additional models in their product lines. We are available to discuss how we can address your specific needs. Back to FAQs
3. Will dispensing Gift Cards void my manufacturer warranty?
No, Better ATM® Services has worked with each ATM manufacturer to obtain certification for their ATMs and dispensers so you can be assured they are capable of dispensing Gift Cards, which does not void the warranty. Back to FAQs
4. What steps should I take so I can sell Gift Cards from ATMs?
- Call Better ATM® Services and let us know of your interest. We can help walk you through the process.
- Decide on your Gift Card offerings. Better ATM® Services offers ATM-dispensed Visa Gift Cards and a multi-brand card with nationally recognized brands that you can sell from your ATM.
- Opt for fixed or variable load cards. To get started, you need to decide on a closed loop or open loop card and will it be a fixed value or variable value Gift Card. Because variable load means you have no financial risk tied up in the card, this may work best for you and your members who want options to address their individual needs.
- Configure your ATM. Your ATMs will require hardware and software adjustments to dispense Gift Cards. Keep in mind that your increased revenue will more than cover the cost of upgrading, which involves a minimal investment. In addition, some screen changes will need to occur. The menu options will be updated in this process.
- Coordinate with your Processor/Driver. Because a Gift Card purchase is a Point-of-Sale transaction, the ATM must be configured correctly to interface with the processor to properly execute the transaction. Better ATM® Services has experience in working with Processor/Drivers to properly configure the ATM and we’ll provide the Processor/Driver with the information they need to configure their systems.
- Load the ATM with Gift Cards. Some minor cassette configurations are required when loading Gift Cards. Better ATM® Services has support documentation to aid you in this process. We're willing to train your support team, if needed.
Back to FAQs
5. Can all processor/drivers handle a Gift Card purchase?
Several processors are able to handle Gift Card and prepaid media transactions. In fact, several more are in the process of making the necessary changes to their systems to execute the transactions. ANI, CDS, and Elan (South Platform).are able to handle your transactions. In addition, we are currently working with a number of others. Contact Better ATM® Services for specifics. Back to FAQs
6. What do I do if my Processor/Driver is not on the certified list?
Contact Better ATM® Services at info@betteratmservices.com or call us at (480) 296-2033. We will work with your Processor/Driver to provide them the necessary requirements to handle Gift Card or prepaid media transactions. We can let you know if we are working with your Processor/Driver, now. Back to FAQs
7. Whom can I contact at Better ATM® Services for more information?
Contact Better ATM® Services at info@betteratmservices.com or call us at (480) 296-2033. Back to FAQs
8. What do I do if I do not currently have a Gift Card program?
Contact Better ATM® Services and we can put you in touch with several companies that set up Gift Card programs. Back to FAQs
9. Is your Gift Card program eco-friendly?
Yes, we have designed our cards to be thinner than a standard Gift Card. Back to FAQs
10. How much revenue can my company make by selling Gift Cards?
There are several different revenue streams from ATM-dispensed Gift Cards. Each revenue stream alters the model slightly. The parameters - Open Loop or Closed Loop Card, fixed or variable load - are important factors. We’d be happy to talk about what would work best for you. Contact Better ATM® Services at info@betteratmservices.com or call us at (480) 296-2033 and we can discuss the products you would like to offer, advertising programs, premiums and incentives, and the specifics of your business so we can give you a good projection of your revenue potential. You'll find that revenues ranging from fees to non-credit union members to the ability to capture your share of the $549.7 Billion prepaid market will take your ATMs from flat line to profitability. Back to FAQs
