THE FEATURE GAINS AND PAIN OF THE ATM

Since the inception of the Automatic Teller Machine (ATM) it has made the transactions of banking activity easy like never before it came as a wide fire spreading its tentacles wide like a contagious epidemic infecting and taking all over the places where man is found making transaction for them as easy as possible.
Reducing the long queue in the banking hall drastically making the banking work easier for the bankers, before the advent of the ATM the banking hall has been over crowded with customers waiting to make transactions withdrawals so long queue that it takes time cause much people are standing for an hour or more just to withdraw some cash but today the ATM has come to replace that cumbersome means of transaction.
Banking activities has been made easy and user friendly; people now can be abreast walking to the bank to make transaction with the power of the Automatic Teller Machine (ATM) enabling transaction fast here are the gain of the ATM
 Quick transaction process
 Withdrawal of cash anywhere made easy
 Provision of 24 hours services
 Reduction of long queue in the banking hall
 Fast balance of statement inquiry
As we have the gains of the Automatic Teller Machine so also we have the pain anything that has advantage has its disadvantage, well we know quiet well that the ATM card has been of great help to us all the end users be it saving, current and fixed deposit account users.
So we have the pain of the ATM there’s a slight much different between the gain and the pain of the Automatic Teller Machine (ATM) lets look at them at the different perceptive. The ATM often messed up when we don’t expect like it going out of service please reach or better still try the other financial institution
 Out of service
 Withholding of the ATM card by the ATM machine
 Theft of the card itself
 Insufficient fund
 Much stress in replacing the old ATM card by the bank
No matter what the ATM has come to stay like our computer, microwave and cell phone so watch out….but above all it has made business transaction easy and possible.