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Many financial institutions and retailers would prefer to avoid the capital and operating expense related to ATMs and pay or receive a recurring contractual amount for MECC to finance and operate an ATM or ATMs in locations that would be beneficial for their service or customer acquisition strategy. MECC has operated turnkey placements for financial institutions from $5 million in assets to more than $1 billion in assets, and has helped all of these institutions eliminate capital costs and decrease operating costs as well as eliminate the hassles associated with ATM operation. Sale leaseback programs with existing equipment or installation or relocation of equipment can be structured to provide financial institutions and retailers new opportunities for cost savings and revenue generation without having to bear the costs of Triple DES or ADA concerns that will force many owners of ATMs to upgrade or deploy new equipment. Structures for contracts are
virtually limitless and can range from surcharge participation on active
locations or retail placements to variable based drive-thru programs which
may have lower foreign fee revenue but higher transaction volumes. MECC
is committed to providing a structure and program to meet our clients'
needs and objectives.
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