Which of the following reduces the cost of handling bank transactions and are found in banks,airports,and other public places?
A) Credit cards
B) Automated teller machines
C) Overnight deposit boxes
D) Checking machines
E) Direct mail

Question

Quizplus · Accepted Answer

Automated teller machines provide 24-hour banking services-both at home (through a local bank)and far away (via worldwide ATM networks such as Cirrus and Plus).Rapid growth,driven by both strong consumer acceptance and lower transaction costs for banks (about half the cost of teller transactions),has led to the installation of hundreds of thousands of ATMs worldwide.

Which of the Following Reduces the Cost of Handling Bank