Montana ATM Service Agreement is a contractual agreement that outlines the terms and conditions between a business owner (client) and an ATM service provider. This agreement establishes a partnership where the service provider installs, maintains, and operates an ATM on the client's premises. The agreement consists of various key components, including: 1. ATM Placement: The agreement specifies the physical location within the client's establishment where the ATM will be installed for customer use. 2. Maintenance and Repairs: The responsibilities of the service provider regarding regular maintenance, repair services, and troubleshooting issues are clearly outlined. This ensures uninterrupted functionality of the ATM for the customers. 3. Cash Management: The agreement may highlight the procedures for cash provision and management, including ensuring sufficient cash availability in the ATM and handling cash replenishment. 4. Service Fees: The terms and conditions related to fees associated with the services provided by the ATM service provider are detailed within the agreement. This includes transaction fees, monthly service charges, or any other charges applicable. 5. Branding and Advertising: If applicable, the agreement may outline provisions for ATM branding, including the use of the client's logo or advertising on the ATM screen. This can create an additional marketing channel for the client's business. 6. Liability and Insurance: The contractual obligations and liabilities of both parties are clearly defined, including any insurance requirements that the ATM service provider must fulfill, providing coverage for potential losses or damages. 7. Software Updates and Compliance: The agreement may address software updates, security measures, and regulatory compliance requirements to ensure that the ATM operates in accordance with applicable laws and regulations such as the Payment Card Industry Data Security Standard (PCI DSS). Different types of Montana ATM Service Agreements can include variations based on the specific needs of the client and the services offered by the provider, such as: 1. Full-Service ATM Agreement: This agreement covers comprehensive services, including installation, maintenance, cash management, and customer support, relieving the client from the operational responsibilities associated with the ATM. 2. Merchant-Loaded ATM Agreement: In this arrangement, the client takes responsibility for cash management, while the service provider focuses on maintenance, repair, and compliance-related tasks. 3. Mobile ATM Agreement: This type of agreement caters to events or temporary locations where the client requires short-term ATM services. The terms may differ, considering the unique nature and duration of the event. These agreements are designed to ensure a mutually beneficial partnership between businesses and ATM service providers, helping to enhance customer experience, generate additional revenue streams, and provide convenient access to cash for customers within Montana.