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What are the advantages of ATM's?

Updated: 8/16/2019
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13y ago

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The Advantages of ATMs are as follows:

  1. They are located in many places. Just a room is enough to house the machine. No need of a facility to maintain a bank branch
  2. Users can visit the ATM anytime they want (24 * 7) No need to worry about bank working hours or holidays
  3. Withdrawal of money can be done by the customer at his convenience
  4. Banks can reach out to more customers and provide better service and satisfaction to customers
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13y ago
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15y ago

ATM machines offer a great convenience. Some places do not accept a debit card, this is why ATMs are useful. Also, if there is an immediate need of direct cash, but there is no bank for quite a bit, ATMs are a 'mini-bank' for those who are on the move.

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