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8 Reasons Why You Should Start Using Automated Teller Machine (ATM)

Automated Teller Machine is one of the products of electronic banking introduced by financial institutions such as bank to ease the way customers of the bank carry out their financial transactions.

 

The introduction of Automated Teller Machine has made the financial services rendered by bank to its customers easier.


Ranging from transfer of funds either from one branch of the bank to another branch of the same bank or from one bank to a different bank, checking your account balance, requesting your statements of account, making of enquires and so on.
 

 

Now, what really is meant by Automated Teller Machine?

Automated Teller Machine (ATM) is an electronic device that allows its users to perform a wide range of financial transactions without necessarily visiting the bank to seek assistance.

From it's layman definition, you as a customer of the bank will agree with me that ever since the inception of ATM, the rate at which you visit the banking hall has reduced drastically due to many financial services that it renders.
 
Since its inception, some people still find it difficult to operate, but I want you to know that its operation is never hard. I will give you guides to operate ATM now.
 

Steps to Operate the ATM

  • Insert your ATM card to the ATM
  • Input your 4 digit PIN
  • Select the transaction you want to perform e.g ( withdrawal, enquiry, check balance, playbill).
  • Click on proceed
  • You are good to go.

Those steps will guide you in operating ATM yourself and will also prevent you from exposing your ATM card to fraud risk.

Benefits of Automated Teller Machine

ATM has a variety of benefits that its users benefit from. 
 

 
 Some of the benefits are explained below:

 
Easy Transfer of Funds     
 
With the introduction of ATM, you can now transfer funds from your account to another branch of the same bank and also to any other different bank within a blink of an eye with your debit card/ATM card. 
 
How sweet is that to you? Very sweet I guess.
 
 
Mini Statements of Account
 
You can request and get your mini statement of account promptly from the ATM provided
you follow its instructions.
 
 
Payment of Bills
 
Payment of bills now made easier with ATM.
 
You can pay for electricity bill, water bill, cables such as GOtv, StarTimes, DSTV and so through ATM.
 
 
Check your Account Balance Anytime of the Day
 
You can check your account balance anytime you like as ATM renders 24hrs services to its users.
 
 
Buying of Recharge Card
 
One of the things I like doing through the ATM is buying recharge card anytime the network of my phone becomes unfriendly.
 
You know how unstable our network in the country is, Very epileptic isn't it?
 
 
 
It Reduces Workloads on Bank Staff
 
With the introduction of ATM, it reduces the  amount of tasks performed by bankers and they can now channel their strength toward other financial services which ATM does not render.
 
 
 
ATM can Serve as SOS at the Time of Crisis
 
ATM can prove itself to Save Our Soul during the time of crises in the country. 
 
In a situation where there is political instability or pandemic in the country forcing some companies including financial institutions to close their businesses, ATM can be resorted to, in order to perform some financial transactions without needing the visiting the banking hall.

 
24hrs Uninterrupted Services
 
You have access to ATM services 24hrs a day without any problem. This can make you rest assured and be free from the problem of limited working hours that bank has.
 
 
Privacy/Security
 
ATM provides you privacy of your account.
 
Your account is secure and protected from any unauthorized person. However, do not disclose your personal details such as your 4 digit PIN, Card number or CVV number to anybody you don't know personally.
 
 
Convenience
 
You can use your debit card to perform different transactions at any ATM anywhere in the country.
 
This is one of the greatest benefits cos it encourages cashless policy. 
 
You don't need to load money in your pocket, all you need is your ATM card.

 
By now, you must have known some of the benefits you can enjoy through using ATM for your transactions without necessarily going to the bank. 


What are you still waiting for? Go get your ATM card and start enjoying its outstanding benefits.

Is there any other benefit you think we can enjoy which I didn't include in my article? 

Please, feel free to add your comments below.


Your comments are treated with utmost respect.






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