3 Ways to Offset the Cost of Becoming ADA Compliant by Converting ATMs to Wireless Communication
With the recent push to become ADA compliant, independent ATM owners can offset the cost of doing so by implementing machine-to-machine (M2M) wireless communications technology.
The era of the smart phone revolution is changing the way companies do business. The method of communication both internally and externally with customers has progressed rapidly in recent years. This has brought many opportunities for the ATM owner to improve the way they operate and provide significant growth opportunities.
With any technological advances, one must address the cost-benefit. When you find one solution that addresses two issues a business comes out ahead. In this case, adopting wireless M2M technology can be offset by the ADA compliancy requirements. This turns an expense into a growth opportunity.
In order to become ADA compliant, documenting ADA compliance with onsite visits has become a must. Industry experts recommend documenting this with photos and measurements to verify the requirements are met. These requirements include accessible placement, voice guidance, Braille signage and input controls. These onsite inspections can be costly, especially if a company’s ATMs are spread throughout the country.
The cost-savings involved with the transition from dial-up or wired Internet connection to wireless communication, along with coupling the above-mentioned ADA on-site compliancy inspection with this conversion makes it a no-brainer.
There may be other benefits to this process but the following three stand out.
Reduce Monthly Costs
Wireless connectivity typically reduce cost significantly in comparison with wired Internet connections. This savings is seen in the installation, operational, and maintenance costs. On average a traditional landline dial-up connection costs around $45 per month. In comparison, for and average of $19.99 you can switch to a wireless company. For an IAD with a large portfolio this can mean a cost saving of thousands of dollars per year. Many companies like use a wireless modem that is typically plug and go. This means the ATM does not have to be out of service. With a telephone company service the wait for installation can be several days and can include up to $150 to activate the phone line.
Increase Location Flexibility
When you cut the communication cord you may reduce the difficulty of meeting certain ADA accessibility requirements. Sometimes the most accessible location does not have convenient access to the communication connection. When you go wireless you suddenly open up many location opportunities that you did not have when you were attached to the wall. The additional benefit to this is that you can now truly put your ATM in the heavy traffic areas. Location and convenience is paramount for IADs. The important thing to ensure when making this transition is that the wireless connectivity vendor supplies the proper equipment to suit the cell carrier network to ensure excellent coverage. All of this ensures ATMs can be deployed anywhere where cellular service is available in a fast and efficient manner.
Increase Security for Your Customers
Security is a huge conversation in the IAD world. Preventing fraud is an ongoing process. M2M technology adds many security benefits, including isolation of wireless devices from public Internet and logical splitting of customers’ devices from other network traffic. This adds an extra layer of security. It is also important that the wireless provider you choose are in full compliance with security standards.
Converting to wireless connectivity will position a portfolio for profitability in the coming years and helps offset the cost of transitioning to ADA compliance. Reducing monthly costs, increasing location flexibility and increasing security with wireless communication can help ensure a long-lasting company in an ever-changing world.