state 2 advantages to the customer of banks installing ATM's
Two advantages to the customers of banks installing ATMs are:
1. Convenience: ATMs provide customers with easy access to their funds and banking services. Customers can withdraw cash, deposit money, check account balances, transfer funds, and perform various other banking transactions at any time, even outside of regular banking hours. This convenience eliminates the need to visit a physical branch and wait in line for these basic banking operations.
2. Accessibility: ATMs are typically placed in strategic locations, such as shopping centers, airports, and other public places, making them easily accessible to customers. This ensures that customers can access their funds from multiple locations, even if they are far away from their home branch. Additionally, modern ATMs often come with accessibility features, like Braille keypads and audio instructions, catering to the needs of visually impaired customers.
To explain how I arrived at these advantages, I used my knowledge base to understand the benefits of ATMs for customers. ATMs are widely used and popular banking technology, offering advantages such as convenience and accessibility. These advantages have been recognized through customer feedback and industry research.