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ATM Machine- a Blessing in Disguise

By Julia Roger Subscribe to RSS | January 9th 2012 | Views:

An ATM machine is more or less like a blessing in disguise for the people especially in a financial crisis. Whenever a person’s wallet is near to empty they hurriedly start looking for an ATM to refill their wallet. An ATM machine can be found anywhere effortlessly nowadays. These days’ people are working at a neck-break speed and hard but true no one has so much time to visit a bank for money withdrawals. It is a boon for human beings.

An automatic teller machine a name for ATM was discovered in 1939 by Luther Simjian. It was copyrighted the same year. However, the design was unsuccessful however it made pathway for the modern atm machine we see these days were planned by James Goodfellow (1966). Even though, these equipment were there since but because of the absence of the computer connectivity everybody was not lucky enough to use them. But, in the end of 1980, it started coming up as like a wild fire.

Although, where there is a technology there are always pros and cons related to it. Similarly, an ATM also has a lot of benefits and at the same time it has disadvantages too. The obvious advantage of an ATM is that one can get access to money at any time without any problems. For instance, if a person is shopping and has ran out of cash one can easily withdraw cash at the nearest atm machine or even take benefit by paying the bills through debit card. This lets a person to roam around the whole world without money all you need is a debit card. However, even while using an ATM one needs to keep few things in mind as there are lots of ATM scams occurring these days. One requires being extra vigilant with the card as the fraudulent use the discarded transactions to trace the account number. Prior entering an ATM, ensure that there are no hidden cameras installed and being vigilant is the foremost thing one can do to avoid getting conned. With the rise in technology and advent of these machines it is an absolute necessity for the common people. Ultimately, it is up to a being whether to use an invention as a boon or a bane.

Julia Roger - About Author:
For more information on buy atm, check out the info available online; these will help you learn to find the atm machine!

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