While customers tend to favor mobile payments and credit cards for larger purchases, the verdict is in, cash proves it is here to stay. Cash has a multitude of benefits, and the majority of transactions under $10 are still completed with cash.
People rely on ATMs for quick cash and other banking services, no matter where they are; however, some sites are certainly more lucrative for Independent ATM Deployers (IADs) to place their terminals.
Many Independent ATM Deployers (IADs) and Independent Sales Organizations (ISOs) have reportedly felt the turmoil and uncertainty that has accompanied the multitude of recent processor mergers and buyouts. Undoubtedly, these shifts have left many IADs and ISOs scrambling to find needed support. From simple transaction issues to new online systems, the changes can be overwhelming.
ATM technology is advancing to accommodate changing consumer demands. Compared with other tech-centric industries, recent technological advances in banking have either remained stagnant or lagged significantly. However, new technological advancements may see digital progress quickly approaching for financial institutions, particularly when it comes to ATMs.
EFX sponsored driver Joey Gase, driving for Rick Ware Racing, placed 27th at the completion of the weather-shortened Coke Zero Sugar 400 held over the Fourth of July holiday weekend at Daytona International Speedway.