How to Buy an ATM Machine in Canada: The Beginner's Guide to ATM Machines and the Automated Teller Machine Business
Want to Own an ATM Machine in Canada? Here's What You Need to Know
So you’ve seen those unassuming little boxes at gas stations and convenience stores—ATM machines—just sitting there, printing money (okay, not literally). And now you’re wondering: How do I get in on that? If you’re curious about how to buy an ATM machine in Canada and whether it’s a smart business move, you’re in the right place.
In this guide, we’ll break down the ins and outs of the Automated Teller Machine industry—without the jargon. Whether you're looking for a side hustle, a passive income stream, or a way to diversify your business, owning an ATM could be the low-maintenance income opportunity you didn’t know you needed.
What Is an ATM Machine, Really?
Let’s start with the basics. ATM stands for Automated Teller Machine, but we all just call them ATM machines (yes, we know that’s technically saying "machine" twice—don't @ us).
These self-service kiosks allow users to withdraw cash, check balances, transfer money, and more, without talking to a human. From banks to bars and everything in between, ATM machines are everywhere—and they aren’t going anywhere anytime soon.
Why Invest in ATM Machines in Canada?
Here’s why ATM ownership is catching fire in Canada:
Passive Income: You earn money each time someone uses your machine.
Low Overhead: Once set up, maintenance is minimal.
Scalable: Start with one machine and add more as you go.
Cash Demand Still Exists: Despite the rise of digital payments, many Canadians still use cash for tips, small purchases, or simply out of habit.
Owning ATM machines in Canada is especially lucrative in areas with limited banking access, tourist zones, and cash-only businesses like vape shops, nail salons, and tattoo parlors.
How to Buy an ATM Machine in Canada (Step-by-Step)
Okay, so let’s talk about how to buy an ATM machine in Canada. Here's your step-by-step game plan:
1. Decide If It's Right for You
First, consider whether you want to:
Own and operate the machine (you buy, install, and maintain it)
Partner with a processor who handles setup and logistics in exchange for a share of the profit
Lease or rent the machine (lower upfront cost, lower long-term profit)
If you like the idea of passive income with moderate effort, owning might be best.
2. Choose a Machine Type
There are two main types of ATM machines:
Freestanding Machines – Common in retail settings
Through-the-wall Machines – Often used in banks or outdoor venues
Most small business owners go with freestanding models—they’re cheaper, easier to move, and flexible for indoor use.
3. Buy from a Reputable Supplier
Here’s where things get serious. Don’t just buy any machine online. Look for Canadian ATM providers who offer:
Interac-compatible machines (very important in Canada)
Installation and tech support
Processing partnerships
Compliance with PCI-DSS and EMV standards
Pro tip: Ask for bundled deals that include processing, signage, and vault cash management.
4. Find the Perfect Location
Location is everything in the ATM world. Look for:
High foot traffic
Limited banking access nearby
Businesses that operate mostly in cash
And yes, you’ll likely need a revenue-sharing agreement with the store owner. Many ATM owners split profits 50/50 or offer a flat monthly rental fee.
5. Set Up Processing & Banking
You’ll need a transaction processor to connect your ATM to the banking network (Interac in Canada). Most ATM suppliers help with this.
You’ll also need:
A business bank account
A cash replenishment plan (either you do it or hire a service)
To decide your surcharge fee (typically $2.00–$3.50 per withdrawal in Canada)
6. Market Your ATM
Don't just plug it in and hope for the best. Use:
Bright signage ("ATM HERE" signs still work!)
Online business listings (Google Maps, Yelp, etc.)
Cross-promotions with the host business
The more people who know it’s there, the more they’ll use it.
What Does It Cost to Buy an ATM Machine in Canada?
Here's a ballpark breakdown:
New ATM Machine: $3,000 – $6,000 CAD
Installation & Setup: $200 – $500
Processing Fees: Often 5–10% of the surcharge
Cash Loading (Vaulting): $0 if you do it, or service fees if outsourced
Most owners recoup their investment within 6–12 months, depending on traffic. A busy ATM machine can pull in $300–$800+ per month in pure profit.
FAQs About ATM Machines and the Business
❓ Can I put an ATM machine anywhere I want?
Nope. You’ll need permission from the property owner, plus possibly a permit depending on the city.
❓ How often do I need to refill the cash?
Depends on usage. Weekly or biweekly is typical for most owners.
❓ Is owning an ATM legal in Canada?
Absolutely. But your machine must follow Canadian Interac regulations, and you should register your business properly.
❓ What happens if the machine breaks?
Most suppliers offer tech support or warranty coverage. Worst-case scenario: You hire a local ATM technician.
Final Thoughts: Is Buying an ATM Machine in Canada Worth It?
If you're looking for a simple, low-maintenance way to generate passive income, investing in an Automated Teller Machine might be your best next move.
Understanding how to buy an ATM machine in Canada is just the start. With the right location, a reliable machine, and a bit of hustle upfront, you could turn one small machine into a legit income stream. Whether you place it in a gas station, barber shop, or busy corner store, ATM machines still play a surprisingly important role in Canada's cash economy.
So if you've ever thought, "That ATM at my local convenience store must make bank," you're probably right. The good news? You can own one too.