HOW MUCH IS THE ATM COMMISSION FEE AND WHEN IS IT PAID TO THE BUSINESS OWNER?
ATM of Orlando will pay the business owner a commission fee based on the number of monthly ATM transactions: $0.25/transaction for the first 200 transactions per month; $0.35/transaction for transactions between 201-300 per month; $0.50/transaction for each transaction above 300 during each calendar month. However, commission fees for high traffic locations can be negotiated. You will receive your commission checks at agreed upon intervals, typically every three months, along with a report detailing every transaction that occurred during that interval.
Related Questions
- If the producer is charging the insured a fee AND is paid a commission by the insurer, is the producer allowed to reimburse a part or all of the fee charged?
- What happens with domain names that are placed on hold, when the owner has not paid the renewal fee for the name?
- For WCA Scholarships, is commission paid on the reduced course fee or the original course fee?
