March 4, 2011 -
PRLog -- Time is very precious in today’s era. Everyone wants to do things in very short span. The quotation “Stitch in time saves nine” means if you finish something in time, you will be able to do ten things in the time you saved. Keeping this in view, scientists and technologysts developed many new things to save as much time as possible. In each and every sphere of life we can find machines and gadgets that saves our time a lot. Wether it is business, transport, education, communication, new technology did a lot. ATM is one of the inventions of time saving gadgets. ATM is expanded as Automated Teller Machine. Or sometimes we can also say it as Any Time Money machine which is true in its sense. We can draw money at any instance of time with the help of ATM, a day or mid-night, in emergencies, or when we shop we need not have to carry cash, we simply apply the credit or debit card, same like ATM card. Initially, we have to stand in long ques to draw money out of banks, sometimes, the employees are absent, there is some holiday in bank or strike of workers hence we have to sit back without money and our work remains pending for several days. There was a boy named Salim, he went to factory every day for his life earnings, early morning he used to went and came back in the evening. One day, his owner wants rent. When he came back in evening he found a board at his door, it was written on the board, that if he didn’t pay rent by morning, he will be out from the room. He was very upset, he talked to the owner and takes the deadline of next evening. He thought that he will take a leave from office and will draw money from bank and give it to the owner. Next morning, he went to the bank, and he find a long que, he was bit upset, but he have to give money before deadline. He stand in the que in the last place, when he was near his turn, he found that the strike break down in the area. Every shop and office went close. The bank also closed due to strike. He was upset and he again came back home without money. Again on TV he found that the strike will remain stir for next 2 days. Hence, this is the best example of giving the importance of ATM in our daily life. Our life was like miscommunicated without these gadgets.
Another thing is that, with these facilities, they also have some disadvantages. Since it is computer operated machine, there are chances of errors in that. Sometimes, it is heared that someone else’s money got transferred in others. Suppose if we lose the code, then there is chance that the person who will found it will misuse it. Also there is breakage of system due to Mishandling, improper cleaning, etc. A lot of security is required to restore ATMs. Hence all these are the advantages and disadvantages of ATM.
