Here are some of the ATM improvements coming your way:
Email receipts. If you regularly visit ATMs, you are no stranger to receipt-littered ATM lobbies. Some customers take the receipt simply for a quick look at their remaining balance, while others simply expect a receipt as part of the ATM experience. After a brief glance, the receipt ends up in the trash or worse–on the floor.
Banks have developed one solution to address this problem: ATM e-receipts. Citibank and Wells Fargo are two that let customers receive a digital ATM receipt via email–eliminating the use of paper.
Varying bill denominations. For years, most ATMs only dispensed cash in the form of $20 bills. In instances when exact change is needed, the ATM is not very useful. However, banks are recognizing customers want more flexibility when it comes to their cash withdrawals.
As such, Chase and PNC have started to roll out ATMs that are capable of spitting out $1 and $5 bills instead of just $20 bills. In addition to the convenience, being able to withdraw cash in smaller denominations may also mean you won’t be taking out more than you need.