ATM Trans­ac­tions

Are sys­tems and se­cu­rity in place?

Consumer Voice - - Contents -

The au­to­mated/au­to­matic teller ma­chine (ATM) – or ‘any time money’, if you may – is set to stay in In­dia and take deep roots go­ing by the Gov­ern­ment of In­dia’s com­mit­ment to e-bank­ing and the ef­forts of en­vi­ron­men­tal­ists to make ‘pa­per­less bank­ing’ popular and ac­ces­si­ble. With the wide­spread ad­vent of pri­vate banks and the re­cent thrust in the area of ru­ral bank­ing, es­tab­lish­ing an ATM is con­sid­ered cheaper than open­ing a ‘branch’. While our own re­la­tion­ship with the ATM—in our ca­pac­ity as con­sumer—seems to be fairly ba­sic, di­rect and non-com­pli­cated, it may be an eye-opener to get ac­quainted with the full range of ser­vices of­fered by this ubiq­ui­tous ma­chine. Know­ing what to ex­pect and how to be on the safe side will go a long way in mak­ing the in­ter­ac­tion has­sle-free.

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