1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Grace [21]
3 years ago
7

Point out few strength and weaknesses of ATM card.​

Social Studies
1 answer:
levacccp [35]3 years ago
4 0

Answer:

Advantages of ATM

1.Withdrawing money.

2.Checking how much money is remaining in the account.

3.Round the Clock Services: ATM provides banking services to its customers round the clock, 24 hours a day, 7 days a week and 365 days a year.

4.Access to bank from any part of the world: Essential banking services like deposits, withdrawals transfer of funds, etc can be accessed by customers from any part of the world.

5.Expansion of Services to any corner of the world: Of the Banks can expand their services to any corner of the world by providing electronic access to its customers.

6.For shopping Purpose: Now a day’s almost every shopping mall, restaurant and other organizations are accepting debit or credit card payments.

Disadvantages of ATM

1.If problem with credit card you cannot withdraw your money.

2.If someone watches or hacks an atm machine your details may be taken if you forget your PIN number you cannot use the card.

3.Cannot be provided in rural areas: In a country like India, where banks are having large number of rural and non-computerized branches, ATM services cannot be provided.

4.Limitation of cash withdrawals: Again there is a limitation of cash withdrawals from ATM. For example, many banks do not permit withdrawal of more than 25,000 at a time.

5.Cash deposit facility is not safe: Similarly cash deposit facility is restricted and not safe as dropping of envelope and ATM is not advisable.

6.Possibility of misusing ATM card: ATM card, if misplaced, lost or stolen, may be misused. There are number of such reported incidences now a day.

7.Loss of personal touch with the Banks: Last but not the least; customers lose personal touch with their bankers.

You might be interested in
Three month old jefferson will probably listen longer to __________ than to __________.
lapo4ka [179]
Human speech; nonspeech sounds
4 0
3 years ago
Why is there no rules committee in the Senate?
vekshin1
There are no rules committee in the senate because the committee is not as powerful as its house counterpart, the House Committee on Rules as it does not set the terms of debate for individual legislative proposals, since the senate has a tradition of open debate
5 0
3 years ago
People migrating from New Orleans to flee Hurricane Katrina is an example of which one of the five themes of geography?
alexgriva [62]
I believe your answer is D.movement
6 0
3 years ago
Who is the voice of god on the kelly clarkson show
timofeeve [1]

Answer:

\large\huge\white {\sf{MORGAN FREEMAN}}

8 0
3 years ago
What is the one thing you wish you knew before you started this social media class? What is one habit you’ve changed on social m
Natasha2012 [34]

Answer:

Hmmm... interesting questions. here are my answers

Explanation:

1. What is the one thing you wish you knew before you started this social media class?

- How social media actually affects everybody that uses it in different ways and what their purposes are.

2. What is one habit you’ve changed on social media since taking this class?

- I have cut down the amount of time I spend each day on social media and i tend to socialize with my friends in person more than I did before.

3. What advice would you give another student about their social media project?

That although it might be the hardest, longest, and most important assignment in the class that it's nothing too complicated and the student can always get the teachers assistance.

4. What was your project’s intended change? What was your plan to implement it?

To have a more patriotic nation that loves all of their troops for what they do. Spread their sacrifices as much as possible because not everybody knows exactly what they go through and show people how much the soldiers do for us and what the people can do to give back.

5. Who was your target audience and how did you try to get them involved?

My target audience are patriotic people and anybody supportive of the people in the armed forces who risk their lives for our way of life. Encouraging them to donate to WWP (Wounded Warriors Project) and helping injured heroes. It would also be great to reach out to those who aren't so supportive of the military to try and get their support by making them realize how important it is.

6. Did your project have any surprising results? How did you achieve them?

The most surprising results are that I gained many more friends for being so pro-military, while at the same time I lost a couple because they were that against it.

7. Is this the end? How do you plan to continue this project into the future?

I will continue to encourage people for the rest of my life to get them to donate to projects similar to this one, especially if it helps the ones that are injured.

5 0
3 years ago
Other questions:
  • The term _____ is sometimes used to commonly refer to the central government of the United States.​ Group of answer choices conf
    14·1 answer
  • The American victories of the War of Independence included all EXCEPT: Group of answer choices
    12·1 answer
  • Alexander points to Reagan’s presidency as the full development of the Republican revolution and what she later refers to as the
    6·1 answer
  • According to_________ theory, global poverty can at least partially be attributed to the fact that the low-income countries have
    6·1 answer
  • Michael wants to be the most popular fellow on campus. He spends a lot of time planning activities for his buddies, and makes a
    15·1 answer
  • What are the similarities between feudalism in Europe and feudalism in Japan
    8·1 answer
  • What did Queen Elizabeth I do to protect the value of silver coins?
    14·1 answer
  • Recalling Facts and Ideas
    9·1 answer
  • Place a checkmark next to each situation that might cause an economic slowdown.
    9·1 answer
  • How should higher education inequalities be addressed to improve the standard of living of South Africa?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!