INCREASE REVENUE AND FUN WITH MOBILE ATMS AT YOUR EVENT (WHITE PAPER)
WHY COMMUNIT Y BANKS AND CREDIT UNIONS ARE TURNING TO ATM OUTSOURCING
According to studies from HSBC Bank and the Bureau of Economic Analysis, consumers are steadily spending more on experiences than stuff. While total discretionary spending has nearly doubled in the past 15 years, money spent on travel, eating out and recreation has far exceeded expenditure on household goods, cars and other physical items.
Similarly, there is additional trend for"going local"- a movement designed and promoted by the younger generations to support community businesses. Independent stores, small shops and local events are all seeing the benefit as terms like "#locavore" and "#localvore" begin to take root.
This is good news for event organizers.
However, the use of credit and debit card processing at events can be excessively cumbersome. Standard card processing requires electricity, equipment and a modem. In addition, easy to use mobile processing options such as Google Pay, Square, PayPal and Clover charge heftier fees than what businesses exhibiting at an event may be able to get through their usual processor, significantly cutting into vendor profits.
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