by ye eun andkatharine. can have access to the cash in your bank account whenever you need can have...

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Group 6: People and Machines by Ye Eun and Katharine

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Group 6: People and Machines

by Ye Eun and

Katharine

What are the benefits of ATMs? To customers?

can have access to the cash in your bank account whenever you need

can withdraw cash after the bank hour

quick and easy to use

Very convenient; don’t have to go all the way to the bank since it’s everywhere (markets, street,mall).

Easy to use!

What are the benefits of ATMs? To banks?

Bank can employ fewer people.

Cheaper than paying staff

Less need to build banks and money could be used elsewhere.

Not many bankers needed.

What are the disadvantages of ATMs? To customers?

Machine may not recognize your credit card

For voice recognition, may have failure sometimes (when you have flu)

May be no ATMs near by

If someone hacks an ATM machine your details may be taken

If problem with credit card, you can not withdraw your money

Someone’s watching you!!!!

Can’t recognize voice…

What are the disadvantages of ATMs?To banks?

Negative Consequences for Bank Employees?

Banks don’t need many bankers

Bankers lose their job