What is a portable ATM?

A portable ATM or automated Teller machine is designed mainly for temporary use. This could include use at sports events or festivals where customers do not have easy access to ATMs with fixed position. In most cases, a portable ATM works via a wireless communication network with relevant security. Instead, the only technical requirement is to access the power supply, which can usually be a standard socket. However, most suppliers will cooperate with an event organizer to find a suitable place for the machine, with a special emphasis on lighting and security so that customers can safely raise money even after dark. Some are as simple as a small awning that protects machines from rain or more extreme weather. In other cases, ATMs may enter the trailer or other portable cabin buildings.

Tatm communicates with an electronic banking system through wireless telecommunications. This is a separate network to the phone withIt means that it is not influenced by a local phone. This may be important because mobile phone networks often occur problems on events such as festivals when using is significantly higher than in other times and places. The communication system used by ATMs will be encrypted much more securely than the standard wireless use of voice or data.

Although suppliers refer to the "portable rental of an ATM", there is often no fee for the machines to have an event. This is because the supplier earns money by charging a service fee to people who collect cash. This is deducted from customer bank accounts.

The most common setting is for the supplier to deliver a portable ATM in empty condition. The supplier then hires a local security company takes cash to load the machine. The company then collects all the remaining cash at the end of the event.

a companyT offering portable ATM service will usually require a minimum number of people to participate in the event for which the ATM is rented. This is usually in the range of 5,000. This makes sure the ATM gets sufficient use so that the company is not going to have higher income elsewhere. People organizing smaller events will usually be asked to provide a deposit that may or may not be returned, depending on the level of transactions achieved during the action.