History of the ATM

Chiropteran

Diamond Member
Nov 14, 2003
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What you might find truly surprising, however, is that as a rule, large banks actually lose money on these moneymakers?at a rate of about $250 a month per machine

I think this is a false assumption. If a person can't get money at an ATM, he or she will go to a bank and get money from a teller. I'm sure it costs more to employ bank tellers than it does to run ATM Machines.