Radek Tesár 29. 5. 2025 clock 3 minutes video
Banks gradually divert from classic ATMs and replace them with more modern devices or bet on digital services. The change also affects the availability of cash. What does this mean for ordinary clients?
Progress cannot be stopped. And banking services are no exception. Classic ATMs, as we know them for the last decade, are slowly retreating to more modern technologies. Banks are starting to invest more in smart devices with extended features that allow not only selections and deposits, but also contactless mobile or watch operator. In some cases, the ATMs disappear completely and are replaced by digital services. The trend is clear: cash retreats and banks are trying to keep up with the needs of current clients who expect speed, simplicity and availability anytime and from anywhere.
YouTube video about what to watch out for when withdrawing from an ATM is found on the channel boys from Prague:
How will it work all
Banks in the Czech Republic are slowly but surely getting rid of the traditional ATM concept, as we know them, and instead start to use modern technologies that bring speed, comfort and increased security. With the help of the contactless NFC technology, which we normally use for payments in stores, it is possible to take cash withdrawals by simply adding a smartphone or watch to the ATM. This innovation allows faster, safer and, last but not least, a more hygienic approach to money, as the need for a physical card is eliminated. This change also minimizes the risk of skimming, ie illegal copying of card data, which was a long -term problem with classic ATMs.
Modern ATMs already support the possibility of contactless withdrawals and in some cities, such as Prague or Brno, it is possible to come across devices fully adapted to these new features. In addition, with the transition to contactless technology, the need to enter the PIN code on the ATM keyboard is eliminated, making the whole process again faster and more convenient. The user experience is intuitive, similar to paying in stores, which simplifies everyday handling of finances and gives clients more flexibility.
Contactless technologies are rapidly expanding and some banks are already considering the possibility of contactless deposits, which would bring significant simplification for entrepreneurs and sole traders. Although this technology is not yet perfect and cannot be implemented in all ATMs, it is a step towards modernization that could revolutionize the way we treat cash. Traditional ATMs will still exist with the development of these innovations, but they will work in addition to the modern and contactless, which are more and more preferred for today.
The future of banking services
The transition to contactless technology is unstoppable and is only a matter of time before they become a normal part of everyday life. Whether withdrawals, deposits or other banking transactions, modern technology brings not only higher safety but also more comfort and efficiency. Banks are trying to keep up with the requirements of current clients who expect speed and simplicity in all aspects of their financial services. How this technology will evolve remains a question. But one thing is certain. ATMs, as we know them today, will become more and more disappearing and will be replaced by an innovative and more user -friendly solution.
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