gonna chime in with some stats about ATM's :
Ø Most adult people in Canada are permanently in possession of debit and/or credit cards (plastic money) with not enough cash in their pockets at a given time to cover their expenses.
Ø The average sum of cash that ATM users withdraw out of a Machine in each transaction is $60.00 (sixty dollars).
Ø 2% - 3% of the people who see an ATM sign and/or an ATM inside a business end up withdrawing cash out of the Machine.
Ø Due to the so called “cash impulse buying effect” users of ATMs spend more money inside a business than users of POS Terminals (Interac Machines).
Ø When ATM users withdraw cash inside businesses they usually spend back, right away in those places, between 15% and 70+% of the cash withdrawn, depending on the kind of business. For example: i) 15% - 40% is spent in Convenience/Grocery Stores, Gas Stations and Coffee Shops; ii) 50% - 70% is spent in Restaurants and 70+% is spent in Bars and Night Clubs.
now dont shoot the messenger as I got this information off a site that sells ATM machines, so the numbers could be a bit skewed, but after thinking about it a little bit, the numbers seem to make sense.
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