Introducing an ATM within a dispensary can enhance both customer experience and operational efficiency. Having a cash machine onsite provides convenience to customers by offering a convenient cash withdrawal option, especially since many dispensaries operate on a cash-only basis due to banking restrictions within the cannabis industry. This can convenience customers who prefer or need to pay with cash, eliminating the need for them to visit a separate location for cash withdrawals before making purchases.
Options for acquiring an Automated Teller Machine can vary based on the dispensary’s preferences and financial considerations. Buying outright may be a viable long-term investment, providing the dispensary with full ownership and control over the machine. Alternatively, leasing or renting can offer flexibility, allowing the dispensary to access the benefits without committing to the upfront costs of purchasing. CashFuel offers free placement options where they install and maintain the machine at no cost to the dispensary, generating revenue through transaction fees. Each option presents its own set of advantages and considerations, providing dispensaries with the flexibility to choose the arrangement that best suits their specific needs and circumstances.