A Brief History Of ATMs
ATMs have been around for almost a quarter of a century, but fees, especially double fees, for using them are a more recent phenomenon.
When ATMs were introduced in the 1970s, they were set up only inside or immediately outside their banks' branch offices. They were seen by banks largely as a way of saving money, by reducing the need for tellers. Even with the relatively expensive computer technology of the late '70s and early 80s, the cost of processing deposits and...
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