When I worked at a bank, one of my jobs was to research and lead a program to install those small standalone ATMs you see in grocery stores and gas stations.
After learning how much money we could charge per transaction, I went back to my boss and asked, A: How could this be legal, and B: Why isn’t the mafia cornering this market?
The answers were, “It probably will get regulated soon” and “Yes, thats why we are limiting where we place them.”
I was 38 at the time (1998). I guess you never stop learning stuff. I go to the ATM once a week. The way things work these days, you don’t need a lot of cash.
I understand those free standing ATMs in the liquor stores and such don’t have a lot of cash in them.