Vending / ATM
Where To Buy:
Vending Machine Regulations by State:
Non-Bank Owned ATMS:
Non-bank owned ATMs have a different set of ATM operating rules and regulations to follow; and are a lot simpler.
These machines are only allowed to dispense cash; no deposits are accepted at these locations.
They must display, on the ATM, the logos of the types of cards that are accepted at their machine.
The owners of the ATM can charge customers a fee for their transaction; however it must clearly be posted at the machine as well as on-screen during the withdrawal transaction.
All non-bank owned machine owners are required to file an annual notice of ownership which is typically done through the ATM processor they signed up with.
Some States have their own set of non-bank regulations, check with your ATM Company to be sure they manage this process for you.
Complete Guide To Starting A Vending Machine Company:
- Obtain any and all licenses/ permits & insurance
-Find HIGH TRAFFIC locations (schools,malls, airports,hospitals)
-Set up a service agreement to place machine use form creator (below)
-Place machine and stock with goods & set pricing
-Perform any routine machine when checking machine
-Record expenses and revenue on trip sheet
Create personalized, state specific forms:
Obtain your business license: