Cashzone to promote profitable returns on ATMs at convenience show

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Cashzone, one of the UK’s fastest growing independent ATM providers, will be promoting profitable returns for no investment on in-store ATMs to retailers at this year’s National Convenience Show, 25-27 March 2012.

The attraction of no cost for significant return clearly appeals to the convenience sector looking for profitable service improvements and increased in-store spend to combat the challenging economic climate, said the company.

At the National Convenience Show, Cashzone said it will be demonstrating the ease of installing a secure and robust mini-bank ATM, in any size premises.

Cashzone claims to be the only ATM provider to give free advice, footfall surveys, profitability forecast, BT line, installation, and a maintenance package. Cashzone offers clear and realistic consultancy on potential returns and tailors each proposal to the needs of the individual store, the company claims.

Reported benefits from one customer last year speak for themselves: 

·         £400-£500 per month in steady revenues against zero direct investment

·         60% reduction in banking and CIT charges (self-fill models)

·         15% average increase on cash spend in-store

“A Cashzone ATM really is a no-brainer. My greatest investment was giving up a couple of square feet of in-store space – which couldn’t have been put to better use,” said Ron Ford, Costcutter, Barnsley.

As local high streets continue to be eroded unchecked, with bank branch closures contributing to shrinking community hubs, cash convenience for local shoppers is becoming a critical on-site service in keeping customers local, said Cashzone.

Generous commission models generate healthy returns and are proven to save shoppers time, travel and parking costs to go further afield and into town centres; free-to-use machines also pay retailers helpful dividends while keeping customers close, said the company.

In 2011, Cashzone received a record number of enquiries into cash machines from convenience stores across the country with swift installations in time for Christmas and ahead of the New Year.

Tim Halford, Cashzone’s business development director, said: “The convenience retailer needs to fill a wider, central role in supporting local communities. More store managers are introducing valuable services from bill payments to parcel delivery. Easy cash access is right up there with compelling services on the doorstep – and frankly, it’s money for nothing.”

The latest Hyosung mini-bank will be demonstrated on the stand with consultants on hand to discuss individual enquiries and provide tailored packages to best suit store type, location and the best service support.