"Captain Wubba" wrote in message
om...
Considering it costs about $100K for each ATM, plus periodic
maintenance,
it's great business sense for the eBanks to use competitors machines
(which
are in place, at great cost) and just refund the fees the ATM owner
charges.
Their customers would have to use EACH SINGLE ATM machine 30,000 to
50,000
times to cover the cost of having their own.
Just a minor correction. It costs nowhere *near* $100,000 for an ATM.
Cash dispensers can cost as little as $10,000, while good full-service
ATMs can be had for $25,000.
Sorry...I was using early 1990's numbers. I'm sure the price has declined
since much of the early costs were often for the secure network which is now
ubiquitous.
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