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ATMs may get multi functional but never extinct
Debates have started in some countries to make cash as well as ATMs extinct in 5-10 years. According to an estimate by the ATM Industry Association (ATMAI), there are more than 3 million ATMs worldwide and the number of financial transactions— in a month is close of 9 billion. The banking system in many countries is modernizing, and installation of ATMs is part of the process. Value-added services like balance enquiry, funds transfer and bill payment are offered. In India, interoperability of ATMs is one of the unique features. Read more at: http://economictimes.indiatimes.com/industry/banking/finance/banking/50-years-after-invention-atms-are-still-here-to-stay/articleshow/59403164.cms
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