Who is Commercial Union ATM


Commercial Union ATM is a young company in a very big market. CUATM was founded in January 2000 by Richard Godwin.  He was also the founder, president and owner of The Packaging Store, Inc., for 20 years.  The Packaging Store is a 360 retail store franchise company still in existence today.  Mr. Godwin divested himself of The Packaging Store; Inc. in October 1999 and immediately began the development of Commercial Union ATM.


What services do I get from the Commercial Union ATM?


Commercial Union support staff will:

a) Serve as a lease broker.

b) Complete all transactions with the processor.

c) Trouble shoot all problems with any action or transaction, i.e. the leasing company, the processor and/or the manufacturer of the ATM equipment.


How would I make an income with an ATM business?

* The ROI on the cost of an ATM can be from twenty to two hundred percent

(20-200 %) per year.

*100% of the transaction fee

* Share in the interchange fee up to 25 cents per transaction based on total number of transactions per month.

* Share in the advertising fees when that revenue base is developed.


Can the ATM market be over-saturated?


Sure, but the future of the ATM industry is extremely bright. There will be more cash-only ATMs installed in the next three years than have been installed in the last ten years (over 300,000), and with ever increasing technologies ATMs will be used for a large number of services yet to be conceived.


The number of people carrying ATM/debit cards is increasing. According to a First Data Corp. study, 90 percent of consumers ages 18-42 own an ATM or debit card. And the Social Security Administration has issued over 4 million new debit cards to recipients of Social Security and Supplimental Security income in the spring of 2008.


Do I have to buy ATMs from Commercial Union?


You can buy your machines from anyone, or you can utilize our supplier. We would be happy to assist you with the purchase. With our expertise, we can save you a world of headaches. Please allow us to consult with you about the purchase of your ATMs.


How difficult is it to sell and/or set up an ATM at a retail merchant’s site?


Four easy steps:

1) Secure an appointment.

2) Complete all agreements.

3) ATM delivery and installation.

4) Receive commissions and residual income.


How does an individual or retail merchant make money from an ATM?


Presently, from transaction fees and possibly advertising in the future.


How large is the ATM market?


It depends on many factors. However, while there are presently about 400,000 ATMs already installed in the United States, there are over 2 million retail locations that could be a productive and profitable operation for an ATM.


I thought only Banks and Financial institutions could own and operate ATMs.


That has never been true, ATMs could always be owned by anyone, but only in recent years has ATM equipment been cost effective and truly profitable enough that an individual or retail merchant would want to own one. Also, on April 1, 1996 the Federal Reserve mandated there could be private ownership of ATM and transaction fees charged.


Is it possible that transaction fees will be legally mandated out of existence?


Anything is possible, but consider the following facts:

* Transaction fees are market driven. i.e. if an ATM customer does not want to pay the transaction fee they do not use the ATM.

* All attempts at legal actions taken against transaction fees in recent years have been against banks and have excluded off site or merchant owned ATMs. These actions have been unfair and would never succeed.

* Advertising revenue at ATM is just coming into its own and would very soon support the ATM industries should transaction fees go away.


What ongoing fees will I be required to pay?


This the best part, NONE.

In fact, Commercial Union will pay you a part of the income they recieve from the bank. Plus you keep 100% of the tranaction fees from your ATM's!


What kind of training will I receive?


We are here to assist you in many ways:

* Setting appointments.

* Making sales calls

* Understanding all agreements.

* Presentation to the retail merchant

* Complete ATM equipment set up.

* Install and maintain ATMs