09:35 AM
Connect Directly

5 Fun Facts About ATMs Around the World

A few lesser-known uses for ATMs.

1. In India, you can make devotional contributions or religious donations through ATMs that large banks have installed in many temples. "People want to start their business with good graces" and one way of doing that faster and more conveniently is by using ATMs to offer such donations, notes Bob Tramontano, vice president, marketing, financial line of business at NCR.

2. In Singapore, you can apply for an IPO at an ATM.

3. In Romania, 84% of the populace don't have bank accounts. Citi has installed ATMs that let people pay their bills by depositing cash at the ATMs; merchants pay a fee for the service.

4. In Brazil, some ATMs use palm and wrist vein biometrics to identify users.

5. In Qatar, the nation's largest wireless service provider uses drive-up ATMs for customer bill pay. The machines do not do withdrawals, they are designed only to accept cash and checks for customers to pay their mobile phone bill.

Comment  | 
Print  | 
More Insights
Newest First  |  Oldest First  |  Threaded View
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology
BS&T's 2014 Elite 8 executives are leading their banks to success, whether it involves leveraging the cloud, modernizing core systems, or transforming into digital enterprises.
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.