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What are the disadvantages of use of Automatic Teller Machines (ATMs) in banking?

List the disadvantages of use of Automatic Teller Machines (ATMs) in banking.

Answers


Maurice
(i) Subject to fraudulent activities by relatives and bank staff.

(ii) Customers may forget PIN and lose access to the account.

(iii) May lead to overspending.

(iv) Thieves may trap.

(v) The machines may breakdown.
maurice.mutuku answered the question on July 8, 2017 at 07:27

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