Are you looking to get an ATM for your cannabis dispensary?
Customers enjoy the convenience and security of an ATM right on-site at the dispensary. Many cannabis purchasers are discreet and do not want to make an additional trip to get cash somewhere else. Additionally, ATMs are a better choice than cashless options since some federal regulations won’t allow cashless transactions in the cannabis business.
At the federal level, cannabis is still illegal, meaning that dispensaries have not been able to accept debit or credit transactions for purchases. In general, banks and credit card companies must follow specific regulations in regard to cannabis-related industries. Placing an ATM in your cannabis dispensary is more convenient for your customers, enhances the customer experience, and will help your dispensary business grow.
Free ATM Placement Program
Lieberman Companies manages ATM machines at hundreds of dispensaries across the United States. If you take advantage of our Free ATM Placement Program, there are no upfront costs to place a machine in your cannabis dispensary. You would just need to provide the space and power for the ATM. Cash for the machine is filled by us, not you, and we handle all repairs and maintenance.
How does the Free ATM Placement Program work?
- Contact Lieberman Companies at 952-887-5303 or email dan.lieberman@liebermancompanies.com.
- Provide the name and address of the location.
- Lieberman will get a quote from our network of certified providers.
- Dispensary and Lieberman agree on surcharge, maximum withdrawal, and commission.
- ATM is installed.
Our Free ATM Placement Program offers the benefits of ATM ownership without the headaches of loading cash, dealing with repairs, and having enough cash to keep the ATM full. The average transaction in a dispensary is 25-30% more than a typical ATM location which is why having enough cash is important.
Banking laws prohibit a dispensary from owning an ATM. Lieberman Companies deals with hundreds of cannabis dispensaries nationwide and understands the keys to success.
Keys to Success for Dispensary ATMs
- Keeping the ATM filled with cash.
- Lieberman uses proprietary software to understand proper fill levels for the ATM.
- ATM is monitored via our software to get alerts when the machine is low on cash. We will make a special trip if needed to keep ATM full.
- Selecting the proper cash capacity.
- We select the appropriate ATM machine for each site. The standard ATM holds 1,000 notes or $20,000. Some locations may warrant a larger cash capacity or even two ATM machines at higher volume sites.
- Quick response time for service issues.
What is the Best Option for Getting an ATM for a Cannabis Dispensary?
Our Free ATM Placement Program offers the benefits of ATM ownership without the headaches of loading cash, dealing with repairs, and having enough cash to keep the ATM full. Lieberman Companies connects with our national network to make sure we find someone to place and load your machine that will have quality ATMs and enough cash to keep it full. The average transaction in a dispensary is 25-30% higher than an ATM in a typical location so having adequate space is important. Additionally, you will collect a portion of this surcharge revenue in lieu of renting space to an ATM company and the dollars can really add up.
Lieberman ATM Services
Lieberman Companies is an ATM distributor and certified ISO processor. We offer secure transactions, competitive pricing on both new and used ATMs, and unmatched technical support for your ATM. We also provide ATM cash vaulting services. We have longevity in the ATM market and operate machines throughout the United States.
Lieberman is a 4th generation family-owned business celebrating over 118 years. We pride ourselves on honesty, integrity and giving back to the communities we serve.
For more information on our Free ATM Placement Program, give us a call today at 925-887-5303 or simply fill out the form below to get started.