4 ms·

> Even on the other side of the world here in China, that basically defines the menu options available today some 40 years later. Perhaps this bespeaks a lack

> Even on the other side of the world here in China, that basically defines the menu options available today some 40 years later. Perhaps this bespeaks a lack of imagination on my part, but I can't imagine many (or really, any) other bank transactions I'd want to conduct while hunching over an ATM rather than in person or online from the comfort of my own home.

contingencies 6y ago
Yeah, my point on inertia was more that you could streamline it greatly by removing all those options to match modern norms. 1. How much cash do you want? 2. $x00 3. Done. There have been some developments in this direction, but they're the exception rather than the rule. To a non-American, in Asia, in 2020, particularly if under the age of 30, it is not a strange question to ask "What the hell is a checking account, anyway?"
- TurkTurkleton 6y ago
  Ah, right. It's so rare that removal of functionality is seen as a positive that I wasn't thinking in that direction, but yeah, that would be a definite improvement. I have seen ATMs here in the US that have quick withdrawal options directly on the main menu, but it's usually just one or two preset amounts, and usually from your checking account (since it's still relatively commonplace to have both a savings and a checking account).
- zoom6628 6y ago
  Yep. In Hong Kong we have "current accounts" but can still actually order a cheque book - which I did by accident recently and when it arrived want sure what to do with it. Hadn't seen one in years /decades.
lmm 6y ago
Here in Japan you can do bank transfers at ATMs. I'd usually rather do them online but I guess there's a market for it.
kalleboo 6y ago
The ATMs for my bank in Japan let you do the kind of things online banking allows you to do, like wire transfers, changing your address/phone number, manage loans, make fixed-term deposits. There's a large elderly population which may be more comfortable using an ATM for these features. It's probably safer to use than the average PC too. But it's mostly a holdover from before smartphones and internet banking, where having these features in an ATM was truly useful.

contingencies 6y ago

Yeah, my point on inertia was more that you could streamline it greatly by removing all those options to match modern norms. 1. How much cash do you want? 2. $x00 3. Done. There have been some developments in this direction, but they're the exception rather than the rule. To a non-American, in Asia, in 2020, particularly if under the age of 30, it is not a strange question to ask "What the hell is a checking account, anyway?"

TurkTurkleton 6y ago
Ah, right. It's so rare that removal of functionality is seen as a positive that I wasn't thinking in that direction, but yeah, that would be a definite improvement. I have seen ATMs here in the US that have quick withdrawal options directly on the main menu, but it's usually just one or two preset amounts, and usually from your checking account (since it's still relatively commonplace to have both a savings and a checking account).
zoom6628 6y ago
Yep. In Hong Kong we have "current accounts" but can still actually order a cheque book - which I did by accident recently and when it arrived want sure what to do with it. Hadn't seen one in years /decades.

lmm 6y ago

Here in Japan you can do bank transfers at ATMs. I'd usually rather do them online but I guess there's a market for it.

kalleboo 6y ago

The ATMs for my bank in Japan let you do the kind of things online banking allows you to do, like wire transfers, changing your address/phone number, manage loans, make fixed-term deposits. There's a large elderly population which may be more comfortable using an ATM for these features. It's probably safer to use than the average PC too. But it's mostly a holdover from before smartphones and internet banking, where having these features in an ATM was truly useful.