Mention four benefits of using ATMs in banking industry.

Answer:

- Financial facilities can be accessed from any affiliated branches.
- Money can be deposited or withdrawn any time of the day. ATMs offer services 24/7.
- ATM debit card can be used to pay bills hence there is ease of transactions and very
convenient.
- Statement can be recorded as frequently as desired.
- No need to waste time queuing in the bank waiting for services from a bank clerk.
- Confidentially of transaction. Clerk will not know how much one has withdrawn.

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