What are the best ATM machines in 2023 and how much do they cost? Here are 6 ATM machines you can choose from. In this modern age, ATMs have become an important tool for the modern consumer. During the restrictions of COVID-19, ATMs can mean limited human interaction in modern banking.
Although it depends on the visibility of the machine, an ATM is likely to be accessed 15 to 30 times a month. Those transactions generate revenue from the fees. That revenue can add up to as much as $20,000 and $30,000 per year – no small chunk of change.
Types of ATM
There are two types of ATMs common in the U.S. The free-standing kiosk type and the in-wall or built-in type! For business owners with floor space limits, a free-standing ATM with a small footprint is the ideal option. Some are as small as 16″ square. Others are counter-top models that are secured to a tabletop. They can weigh from 200-400 lbs. and must be bolted to the floor or to the countertop.
The other type of ATM is the built-in version. They are customarily built into a secure, controlled-access room, which offers another level of safety. The installation of one of these machines is not easy. The chassis of the ATM resides inside the secured area and the face is placed through the wall to the other side. The usual material for the walls is reinforced concrete. The ATM itself weighs near 1000 lbs.
If you are considering adding an ATM to your business, the first thing you need to consider is if you would rather rent or buy the machine. If you have been saving money, buying an ATM outright may be a great option. It is a one-time purchase; you won’t have to pay monthly fees, and you won’t be tied to a holding company.
It is advisable that you research and find a model that best suits your business. If your company doesn’t have as much working capital, renting can be a great option. While you’ll owe monthly payments, you’ll have access to a good machine, maintenance options, and profitability.
When it comes to finding an ATM Company or buying an ATM Machine, comparing quotes is the key to getting a top product for the lowest price. Below are the best ATM machines you can get. All of these machines have EMV as a standard feature, as this is now required.
What are the Best ATM Machines in 2023 and Their Cost?
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Nautilus Hyosung 2700
The Hyosung 2700 is easily upgradable to meet needs now and in the future. It features a large 10.4″ color display and heat-sensitive function keys. Other standard features include a UL Business hours vault and PCI (Payment Card Industry) Compliant EPP (Encrypting PIN pad. The standard mechanical dial lock can be replaced for enhanced security. The large capacity cassettes hold up to 6,000 bills.
- $3,000 to $4,000
Genmega 2500, Onyx
The Genmega 2500 is one of the top-ranked ATM machines designed for indoor placement. The G2500 comes loaded with nerve soothing features. It also provides additional configuration choices. The G2500 comes standard with an 8″, high-resolution, wide-screen LCD, which can be upgraded to a larger touch screen version. The Genmega Onyx series offers a sleek and compact look with a 10.2″ color screen standard. It has fixed, removable, and multi cash cassette dispenser options.
- $6,000 to $9,000.
Diebold Nixdorf CS 2040, 280 and 5500
The Diebold Nixdorf ATM machines are compact, flexible, indoor lobby cash machines. It is meant to be in a well-monitored area and is self-serviceable. It truly automates the teller function. It is upgradable to cash recycling.
- Approximately $3,500 to $7,000 and up
The Hantle 1700 Series ATM comes with an unbeatable reputation for reliability, security, and durability. The aesthetics are more than you expect, with modern and unobtrusive design features. This is the ideal unit for lower volume stores. The Hantle 1700 weighs just over 200 lbs and offers security and ease of maintenance. It is fully TDES and ADA compliant.
- About $2,000 to $2,500
Triton Argo, Traverse
Very customizable to meet your needs, the Trinton Argo builds on 40 years of Triton history as an American-made ATM. This machine rates very well and is for high traffic and volume areas of many retail, food service, and hospitality locations. The Traverse is designed for off-premise retail use, with special consumer protection such as anti-skimming and PIN shielding design. It is built extra tough to withstand weather and use.
- Roughly $5,000 to $10,000 and up.
Nautilus Hyosung Halo
Note that the bestselling Halo provides enhanced security features for an entry-level price. It features a UL 291 business hours safe. It has an EMV card reader, with physical security measures such as a PCI 3.0 compliant keypad and solid steel provide protection. Secure communications using TLS (Transport Layer Security) transmission encryption keep transactions safe.
- Around $6,000 to $9,000
Always make sure to evaluate and research all of your options before making any final decisions on a brand, model, or purchasing options. Check to see if the company you are looking to buy from or partner with has professionals that can service the machine, whether they provide service to your area, and any warranties that might come with the unit itself.