Thursday, October 3, 2013

When will ATM fraud end?

Here is some analysis from a site in the Phillipines. 

First, automated teller machine (ATM) users will just have to be keener about where their mother bank’s cash dispensers are if they want to avoid the higher charges to be imposed for using other banks’ ATMs.
The country’s major banks made this announcement last month citing higher ATM costs. They also said that the last increase in ATM fees for internetwork withdrawals had been in 2005, and were no longer enough to maintain security and service levels.

Don't forget to check out ATMs for Amateurs by Josef Toth.