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Friday 18 January 2013

ATM & ONLINE BANKING



 What is the difference between the use of online banking and ATM? As the time is passing by, it is continuously bringing countless constructive alterations in a daily routine of a common man. 

Few days back; words like internet & atm touch screen kiosk machine were meaningless. Internet came into our lives with lots of diversities. Online banking is something born with the internet and now online or internet banking is so common in our world that without this facility everyone will be paralyzed & all the operations like online funds transfer and balance inquiry etc. will be gone forever.  

Since self service touch screen kiosk technology has been introduced to us we are flying high and without any hesitation we operate ATM machines for consecutive time without asking any body and regardless of the timings whether its day or midnight.
Comparison is very simple, to operate ATM we have to travel from our home or office to the nearby cash dispensing facility but online we just have to sit on our sofa with laptop and an internet connection.
Through ATM we can acquire hard cash in hand at the spot, while through internet we transfer virtual money which can be later withdraw by the help of pay order or cash draft by the bank. The most important fact is that ATM & online banking facility both have their own significance. 

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