Wednesday, February 18, 2009
Sydney has seen a number of BAM raids in recent months where people use gas to blow up ATM machines to rob them. We’re about to be hit by a new lot of ATM raiders – the banks who own them. They are changing their fee structure for ATM usage - including introducing a disloyalty fee if you use another bank’s ATM. Seems part of the new economic modelling: automate and then charge more and more for your customers to self-service.
at 8:52 AM