BluePlate

Bars are a little rough right now. But barbershops and c-stores are doing well. feel free to drop me a message over on my website www.newenglandatm.net

feel free to drop me an email todd@newenglandatm.net

We've never really got a straight answer from anyone. My tech has done tests on keypads and there seems to be a trickle of discharge while sitting. Which makes sense, because the keypad has to hold the master keys while unplugged. The ATM as a whole, uses little power, most of the power is when the dispenser kicks in. We built a storage area for pin pads that are not in ATMs, it's basically a power supply that supplies power to the pin pad. But . yes, I would keep the ATM plugged in.

PJ, Feel free to drop me a line, we are registered in Massachusetts (as required by Div of Banks). We have machines in stock and can do processing. 1000/transaction a day is more than I ever seen, though. If thats a real number, it will be challenging to keep it loaded. I'm sure you meant 1000/month. 1000/day you would need $1 million to keep the machines loaded. Also, I know a few other people reached out to me from this board, If I didn't get back to you, please email again. Been crazy crazy busy lately. AND very sorry! todd@newenglandatm.net

Hyosung owns the firmware, they are the only ones that can inject it into the keypad. Only send the keypads to them. I send them to Burton Tech, they in turn send them into Hyosung. Burton assists in moving the process along, Hyosung moves too slow otherwise.

Pro - Do you use dual key holders?

Most banks have cash management services, which will include armored services. Armored cars will only deliver to commercial address. If you have a friend that has a store front, best bet. There is many downsides to it. Feel free to drop me an email at todd@newenglandatm.net , I can give you some advice working with your bank. I spent 10 years in the banking business before starting the ATM business. Super busy lately, will do my best to get back to you ASAP. Banks are really trying to get away from cash. It creates security issues, creates liabilities and cost them money. Not to mention a whole host of other issues.

To place an ATM you need to work with a registered ISO (Independent Service Organization). Working with the right ISO from the beginning, I feel is pretty important. The ISO brings together a few things. They have the relationship with the processor, relationship with the sponsoring bank, the branded networks, and they often provide technical support along with equipment sales. ISO - The ISO brings together all the following elements, they also hold liability for compliance and managing IAD's IAD - Independent ATM Deployer, they is someone who places ATMs, they are required to work with an ISO Processor - the processor or the "switch" grabs the transaction from the ATM and directs it to the correct network. Sponsoring Bank - Because the ATM is a financial instrument, it requires a registered bank to bring the transactions into the banking world. This is required by the Federal Reserve banking rules. Sponsoring bank often oversees compliance with Federal Regs. Branded Networks - For older folks, years ago, you will remember if you had an ATM card, you had to go to the Network that your bank belonged to. In my case in Massachusetts, it was Yankee 24. Most networks are interoperable right now, meaning they have agreements to hand off transactions to one another. The network's job to work with the authorizing bank to acquire the transaction from the processor and direct it to the cardholder's bank for approval or denial. In summary, they first two things you want to do is, Find the right ISO to work with and find a bank willing to open an account for you. Each bank is different and may require different things. Many banks will not want to work an ATM operator, for various reasons.

As far as Hyosung Pin Pads go, only Hyosung is suppose to inject them. ATM Equipment will do it (they somehow figured it out). Most other repair companies will take them in and send them to Hyosung. Try the basic flash first Turn off ATM On the back of the pin pad, turn the 1st DIP switch on Turn on the ATM, Turn off ATM, turn dip switch off and turn ATM back on. Todd

What are you using for actual boxes? where are you getting them?

Bev, Any interest in locating some ATMs? Looking for some high volume hotels and maybe some colleges/universities...... Signed, The other Blue....

Steve, I just came up with an idea The other day I was in need of bulk sales flyer. You should come up with some generic ones (since you are great designer). Members could order packet of 10 or so from you with their business name in a pre-determined area.

I agree about not paying on removal. There is no need to do it unless you have a written contract. I consider the last take the cost of removing the machine. Here are couple things you can say if you decide not to be the "bigger person" "Times must be tough for you you need to shake the gumball guy down." "Boy I am REALLY glad now that I've been screwing you out of over $100 a month" "Last time I was here, I found a rare coin and I was going to retire anyways" Tell the waitress: "Think about it, if this guy needs to beg for $20 - you're probably next to get kicked out"

OK, I have vending machines in 4 states. I'm a Massachusetts LLC - I'm about to place a rack in a grocery store and they asked if I filed to do business in Connecticut. Do I need to file a foreign LLC???

All, Thank you for being editors! I did not pick up on these at all. I guess I'm too excited! On the first page should customers be customer's ocustomers' ?

Steve, I've showed the site to a few friends and they love it. I keep going there just to look at it, even though I know it by heart...... I am so happy with the site and would encourage anyone who needs a site, or anyone who knows someone who needs a site to contact Steve, easy to work with! Thank you. BP

I have a bunch of machine in Vermont, this is a great time of year for me...........I see a little drop off in November and begining of December and then ski season. I have racks in 2 ski areas (CHA CHING). One ski area will net me over $2000 in Jan/Feb/March. Thiis is 1 rack and 3 satelite bouncy ball stands.

ATM?! If you need one, let me know....... Many times a town hall won't accept credit cards or even checks for certain things like licenses.

OK, here is the senerio. I have a [ATM] location in a large office building. They want to sign a 3 year lease and they want to see "my financials". I assume this is my balance sheet. Which I do not really have one. I thought this would be a good time to make one. How do you value an account? We all know the good vending account is worth more then one months earnings. Let's say - you have a location that produces $500 in profit. You have a 5 year contract with the location. What is the value of that location? is it $500 x the number of months left on the contract? I just signed a 2 year contract with a chinese buffet for a crane. The location profits $300 per month. 20 months left on the contract. On paper is this worth $6000? In the ATM world, a portfolio sells for between 8X and 10X monthly earnings.

This is completely off the vending topic, but I saw this website on CNN yesterday. www.bedbugregistry.com You can see if anyone has complained about bed bugs in your favorite hotel. I spent at least 30-40 nights in a hotel a year........ yech!

HA HA HA HA HA HA !!! Forty! You might as well throw in the towel now Steve........ I can say that because I still have 34 days before I turn 40, I have to enjoy every day of it and pick on everyone else turning 40!

Kevin, Great Post! Not sure how many states this applies to, but in Massachusetts we have what is called the Homesteading Act. For $25 you can go to the Registry of Deeds and have it put on your house. This will protect your house from being named in a lawsuit. Well worth the $25, just not too many people know about it.

Single level, there is a Target, Sears, Macy's. I think it's the only mall in the US without a food court though. I have 3 ATMs, 2 Crane machines, 2 sticker machines. They want me to take over the payphones - They will give me the exsisting equipment for free, last guy abandoned them! The mall will ask for liability insurance, it will cost about $175 for the year.

I have 2 Beaver Flat vends in a mall, I pay 20%. Tatoos are the only thing that sells. My machines only do about $45 a month gross, the mall said I could move them - I might try that.

Pan seems to be a brand name for Ferrara......From their website: The word "pan" in the company name indicates that some of the candy we make is "panned". This process involves building candy pieces from single units, such as grains of sugar, nuts or candy centers, tossing them in revolving pans while adding the flavor, color and other candy ingredients. This process continues until the pieces become the desired size. Finally, the candy gets a high polish with an edible vegetable wax, which gives it an attractive appearance. You can view this process on our virtual tours of "How Panned Candy Is Made".