Real Income and Monthly Earnings of ATM and Cashless Devices

Introduction

If you are planning to buy an ATM or even rent a Cashless device, one of the most important things to know is how to calculate the monthly income of an ATM. In this article, we review the official income calculation model for ATMs in the Eghtesad Novin Bank switch as well as Shahr, Day, and Sina banks. This information is based on several years of practical experience in ATMs and Cashless devices.

Merchant Share Percentage for ATMs

At Eghtesad Novin Bank, the merchant's share of ATM transactions is calculated progressively:

• Up to 1,000,000 IRR → 55%
• Between 1,000,000 and 2,000,000 IRR → 60%
• Above 2,000,000 IRR → 65%

Most active ATMs in the market are usually in the 65% tier.

5% Social Insurance Deduction

5% of the merchant’s income is reserved by the bank for social insurance. At the end of the contract or upon termination, the merchant can claim this amount after receiving the insurance clearance.

Real ATM Income Examples

Daily cash placement — average monthly ATM income:

• 10 million IRR → approximately 2.5 to 3 million IRR
• 20 million IRR → approximately 4 to 4.5 million IRR

In some special locations, ATM income may reach 8 million IRR; however, the average market income is:

⭐️ Real ATM income: about 4 to 6 million IRR per month

This figure is the main reference for merchants when purchasing an ATM.

Cashless Device Income

Cashless devices have a different revenue model compared to ATMs:

• Merchant share: 50% of total monthly profit
• Minimum income required for bank share: 500,000 IRR

The average monthly income of Cashless devices is usually 1.7 to 1.8 million IRR, and in special cases: 2 to 2.5 million IRR.

Card-to-Card Transfer Income Calculation

1. If one of the cards belongs to Eghtesad Novin Bank (source or destination):

• Transfer amount: 3,000 IRR
• Merchant share: 1,500 IRR (50%)
• 5% is also reserved for social insurance

2. If neither card is from Eghtesad Novin Bank (e.g., Melli → Keshavarzi, Saderat → Sepah):

• Merchant share per transfer: 200 to 210 IRR net (previously about 180 IRR)

Key Advantage of Eghtesad Novin Switch

⭐️ Eghtesad Novin Bank is the only bank issuing official and valid contracts for ATM and Cashless device merchants. This is one of the main differences compared to other banks offering ATMs.

Contract Duration

• ATM contract → 3 years
• Cashless device contract → 3 years

Both contracts are fully transparent and standardized.

Conclusion

• ATMs pay merchants between 55% and 65% of transaction income.
• Cashless devices pay about 50% of profits to merchants.
• Card-to-card income depends on the card type: 1,500 IRR or 200 IRR.
• Average monthly ATM income: 3 to 5 million IRR
• Average monthly Cashless income: 1.7 to 2 million IRR
• Eghtesad Novin Bank is the only bank offering official merchant contracts for ATMs.

Note: The income of Cashless devices and ATMs is directly related to device usage and the number and type of banking transactions.