ATMs on Steroids

1 Apr ’06

The NYT has a piece on the next generation of ATMs, coming soon to a 7-11 near you:

Way ahead of the curve is 7-Eleven, which is introducing its second wave of custom-made terminals called Vcom’s this year. Often referred to as A.T.M.’s on steroids, the more than 1,000 Vcom’s dispense cash, sell Verizon services, handle bill payments and let customers send money to other people. They can also cash checks to the penny, simultaneously snapping front-and-back digital images of the checks and dispensing a receipt with the images on it.

Aiming to keep up with 7-Eleven, Exxon Mobil and Circle K have introduced bill payment kiosks in some areas, with plans to take the programs national. Sunoco just set up a pilot involving the same type of kiosks. These machines are expected to become standard in convenience stores of all sizes.

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