A Breif HIstroy Of ATMS

A breif HIstroy of ATMS A Brief History Of ATMs ATMs have been to a greater extent or slight for almost a quarter of a century, but fees, curiously double fees, for exploitation them are a more juvenile phenomenon. When ATMs were introduced in the 1970s, they were set up scarce inside or immediately outside their banks branch offices. They were seen by banks largely as a way of saving money, by reducing the aim for tellers. Even with the relatively expensive reckoner technology of the latish 70s and early 80s, the cost of processing deposits and withdrawals via ATMs turn up to be less than the cost of training and employing tellers to do the very(prenominal) work.

To encourage customers to overlay the technology and overcome their trepidations about putting their checks into a machines expansion slot rather than a tellers hands, banks in the beginning didnt charge customers any fees for using ATMs. (Indeed, in time, some banks started charging customers for non using ATMs, through alleged(prenominal) "human teller fees" - a charg...If you emergency to get a full essay, order it on our website: OrderCustomPaper.com

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