The Advantages of Cashless ATMs
Merchant account costs and ACH fees add up for small businesses, and it’s impossible for some owners even to utilize these services. Point of Banking (POB) systems are a worthwhile solution for reducing expenses and helping businesses process credit cards without merchant accounts. These operate like ATMs but are cashless, giving customers the convenient experience they expect and pays back the merchant at the same time.
Painless Processing offers cashless ATM processors for businesses who need to accept credit card payments. We pair merchants with the right POB system for their business, assist with the install, and provide support to ensure efficient and reliable transactions.
Accept card transactions without a merchant account
Known as a cashless ATM, point of banking works just like an ATM. The only exchange of cash, if any, is the change given back to the customer. Having a cashless ATM at your register avoids the need for a big, bulky ATM in your store taking up valuable floor space, or having to send the customer out of the store to go withdraw cash from the nearest ATM.
Ready to go cashless?
For merchants that cannot get a merchant account for their retail store because of the products or services they sell, don’t have the credit or financial position, or have been blacklisted by the Visa or MasterCard brands; this is the closest solution you will find to a real merchant account.
A cashless ATM works just like a cash transaction.
ATM Machine or Cashless ATM?
We’ll let you decide.
|Cashless ATM||Traditional ATM|
|Fits conveniently on a countertop next to register|
|Does not need to be serviced regularly|
|Never runs out of cash|
|Has real-time reporting capabilities|