Get premium membership and access questions with answers, video lessons as well as revision papers.

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


Next: What are the goals of development?
Previous: Explain the concept of pre-school to primary transition.

View More Business Studies Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions