Building an ATM Empire
Acquiring Minds
00:00
The Three Pillars of ATM Operations
Mitchell: So I have like three pillars in the space. One is ownership, which is like you actually own the equipment. The second part is vaulting, which is actually the act of putting the cash into the machine. Third part is processing, which is every time somebody withdraws money, an entity needs to process that transaction on the back end. And so a ton of guys, a ton of the bigger guys have like really big parts, their portfolio dedicated to this. It's amazing because you don't care what happens to the machine. You're just basically collecting revenue every month doing nothing.
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