 "ATM, banks, cash withdrawal, bank fraud, debit card, credit")
There are fresh stirrings in automated teller machine (ATM) networks. Though deployments have crossed 250,000 units, after stagnating at 225,000-235,500 for almost five years, the bulk of the orders are for replacing aging machines. And it will take at least a couple of years more before ATMs are installed at fresh sites.
Why so? It’s a legacy business model, and the march of technology is forcing a rethink on the ATM channel.
Demonetisation provided the first serious wake-up call that cash will not be king for long, and the business of vending it will have to be reworked. But the
