Friday, March 7, 2014

ATM Technology Being Upgraded

To better serve their customers and drum up business,banks are adding new technology to their ATMs.If not presently,you may soon be able to use an ATM touch screen to:
1.Apply for a loan.
2.Video conference with a banker even outside of business hours.
3.Pre-stage ATM transactions with a mobile phone at your location,so that it is almost complete when you get to the ATM.
4.Pay bills.
5.Send money to friends.
6.Increase your ATM withdrawal limit.
7.Withdraw one,five and 10 dollar bills,not just 20s and 50s.
8.Do retirement planning.
One possible drawback of the more sophisticated machines is longer wait times at ATMs if someone is video conferencing or doing multiple transactions.

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