• Agent641@lemmy.world
    link
    fedilink
    arrow-up
    2
    ·
    4 days ago

    Banks had no problem slapping a “Teller transaction” fee on withdrawals when ATMs became ubiquitous, to encourage people to use the ATM for free.

    • shalafi@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      ·
      16 hours ago

      That fee is outside my experience. Was that a short-lived thing? Never heard of it, certainly never saw it or heard anyone complain. Weird.

      ATMs are not cost free. They’re not merely a kiosk. You have to pay armed men to load/unload them. And not any dude with a pistol will do. I imagine the background check is damned exclusionary.

      And then there’s the networking, video and storage, upkeep and updates, all that, it goes on. But of course that still tallies a lower cost than a human, or they wouldn’t do it!