When ATM service entered in our lives in the 80’s, it becomes easy to get money without filling withdrawal forms or standing in a long queue before banks. It becomes easier to withdraw money whenever we want at anyplace and at anytime. According to a survey, it has been proved that people worldwide make 49 billion of ATM transaction per year. The most invasive new feature in ATM machine is making it easier to deposit money. Some banks are developing new tools that allow customers to keep better track records of their accounts.
However, in recent days, ATMs are not just only used in withdrawing cash but also it is used in performing some other activities as well. Let’s take a look at some of the latest ways in which businesses and consumers are taking the advantage of ATMs.
Track your monthly withdrawals: Very recently, a new button has been implemented on ATM interface that allows customers to set a monthly target amount for withdrawals. Each time they take out money from the system, it will tell them how close they are to that target.
Make intelligent deposit: This new system is probably one of the best known recent innovations. Rather than filling forms at some banks, you can now stick a check or a stack of bills straight into the machine.
Increase cash flow of banks: With new methods of depositing cash without using envelope, some banks are evolving new system to recycle and therefore they are now using that cash the same day.
Paying fee: It is probably the most controversial aspect of ATM convenience. If you are withdrawing money from other bank ATMs rather than your bank, you will have to pay to get it.
Paying bill through debit cards: People pay bill through ATM debit cards while they go for shopping or eating out with friends at restaurants or paying bills online. All these types of activities are performed through ATM debit cards.
Therefore, ATM service brings all these advantages to you. Get your ATM card today and start exploring the benefits.
However, in recent days, ATMs are not just only used in withdrawing cash but also it is used in performing some other activities as well. Let’s take a look at some of the latest ways in which businesses and consumers are taking the advantage of ATMs.
Track your monthly withdrawals: Very recently, a new button has been implemented on ATM interface that allows customers to set a monthly target amount for withdrawals. Each time they take out money from the system, it will tell them how close they are to that target.
Make intelligent deposit: This new system is probably one of the best known recent innovations. Rather than filling forms at some banks, you can now stick a check or a stack of bills straight into the machine.
Increase cash flow of banks: With new methods of depositing cash without using envelope, some banks are evolving new system to recycle and therefore they are now using that cash the same day.
Paying fee: It is probably the most controversial aspect of ATM convenience. If you are withdrawing money from other bank ATMs rather than your bank, you will have to pay to get it.
Paying bill through debit cards: People pay bill through ATM debit cards while they go for shopping or eating out with friends at restaurants or paying bills online. All these types of activities are performed through ATM debit cards.
Therefore, ATM service brings all these advantages to you. Get your ATM card today and start exploring the benefits.
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