New ATM refurbishment co. opens in Cincy
November 6, 2007
Mercer, who has more than 30 years of experience in the EFT and ATM industries with companies including ATM Exchange, Burroughs and Diebold Inc., says his new company will provide new and refurbished ATMs and parts to independent sales organizations and financial institutions. "Companies that started as brokers and refurbishment companies 20-plus years ago have been forced to reinvent themselves significantly," Mercer said. "Profit margins are squeezed more than ever with increased costs and reduced service-contract revenue. And cost is an increasingly critical component. These cost pressures have spawned an opportunity for a reduced-overhead, niche supplier."
ATeeM is part of the Financial & Security Products Association, of which Mercer is the president.
