If it’s not a bank that owns the ATM (the machine is at a convenience store, bar, or nightclub, for example), then the operator of the machine charges a fee, which is often split between the owner of the machine and the owner of the business it’s in. That money covers the purchase and operation of the machine, too, though usually those ATMs are far less sophisticated than bank-owned ones, and can generate a fair amount of cash for their owners, if they’re in high-traffic areas.
>> READ: "Keep your money in Maine: What banking locally can do for you, for the state, and for the overall economy" by Deirdre Fulton <<
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