Nigerian newspapers | Forum
Posted by wannabe
on May 08, 2008 at 14:24:11:
The ATM craze is catching like wildfire among many young people in Nigeria. More and more young people are becoming increasingly interested in the lots and lots of Card technology products being introduced by many banks, in their bid to maximise profits and considering the charges, they don't seem to care. It has gotten to the extent that some nigerians can't simply do without the ATM card, since they like work from Monday to Sunday and the only way they could get the money from the bank is through these Atm machines, and it has become one of our major money eaters after the GSM. Not many of us would be willing to appreciate Warren Buffet's advise to young people not to get engrossed or simply have anything to do with credit cards as they only lead you to more and more debts, but it seems ATM has just come to stay among us. They've been many complaints about bad serives being experienced by users of this product ranging from wrongful double debiting of their bank deposits to incomplete payments of money by the ATM machines. Not to talk about the common "no printing paper" feedback that we have become accustomed to be getting from these machines. ATM is a cash stripper! Beware
Follow Ups:
Re: Muchado about ATM in Nigeria
Posted by Eleka
on December 21, 2008 at 10:37:41:
In Reply to: Muchado about ATM in Nigeria posted by
wannabe on May 08, 2008 at 14:24:11:
Atms are really helpful, imagine sunday banking and night banking. If not for atm, many young workers would not have time to go to the banks and this would be negative on the economy since they will not be easily disposed to spending
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