What is ATM Outsourcing?
Why consider ATM Outsourcing?There are a large number of benefits associated with ATM outsourcing. Here is a list of the 6 major benefits regardless of the type of institution:
- No capital required and in most cases only minimal out of pocket expenses.
- Enhanced performance as most outsourced ATMs perform at a higher level.
- Maintain your customer facing brand and marketing on the ATM if desired.
- Reduce all in costs by as much as 40% if you factor reduction in employee costs.
- Create an incremental income stream based on usage volume and pricing.
- Free staff to focus on your core business versus ATM management.
ATM Outsourcing Video
ATM Outsourcing and key components and our process
There are an estimated 18+ major ATM processes that CashTrans handles for its clients and much more! Here is a list and description of each…
Provides operations to run the ATM
Purchase ATM equipment with no client capital
Purchase ATM insurance against loss
Balance Cash daily
Phone, LAN, wireless, Wan, connections
Insures regulatory compliance (like ADA)
Customer Help Desk
Gateway to Networks
Provide access to all ATM Networks
Full ATM installation
Provides necessary cash ongoing
Monitors cash and performance
Insures latest software
Installs new technology like EMV
Custom welcome screen and marketing
Latest techniques for high security
Provides all service
Settles transactions daily
Process all card types
The history of ATM Outsourcing and CashTrans
ATM Outsourcing: CashTrans – a pioneer in developing ATM outsourced solutions for banks, credit unions and retailers – can design one or many solutions to meet the most demanding self-service ATM needs. Whether on-site or remote, through-the-wall or free-standing, one deployment or hundreds, our solutions, coupled with our professional and experienced team , deliver reduced expenses while increasing operational efficiencies, up-time & reliability!
Outsourcing Made Easy: A Guide to Equipment OutsourcingMany financial institutions have embraced outsourcing with great success and few return to the old in-house control model
Community Banks across the South turned to Cash Transactions for Outsourced SolutionsCommunity banks across the Southeast have turned to Cash Transactions LLC, more familiarly known as CashTrans, for turn-key
Credit Unions across the South turned to Cash Transactions for Outsourced SolutionsCredit unions across the Southeast have turned to Cash Transactions LLC, more familiarly known as CashTrans, for turn-key
ATM Security and Compliance
“Virginia Partners has been working with CashTrans for over six years under their premier managed services outsourcing ATM program. They have provided us with outstanding products and service in addition to ongoing consulting support. We have found this relationship to be highly beneficial financially and also it allows us to focus our human resources more effectively on our core strategies as a result.”Lloyd Harrison, President and Chief Operating Officer,
Virginia Partners Bank