Reverse ATM’s; Safety and security moving us towards a cashless society

Reverse ATMs ©Provided by Axios Reverse ATMs take bills, dispense cards as stores go cashless

Revelations 13:16-18 “Also it causes all, both small and great, both rich and poor, both free and slave, to be marked on the right hand or the forehead, so that no one can buy or sell unless he has the mark, that is, the name of the beast or the number of its name. This calls for wisdom: let the one who has understanding calculate the number of the beast, for it is the number of a man, and his number is 666.”

Important Takeaways:

  • Reverse ATMs take bills, dispense cards as stores go cashless
  • More businesses are eschewing cash — a trend accelerated by the pandemic — but states and cities are passing laws banning them from doing so, in deference to people who don’t have bank accounts or credit cards.
  • Handling cash is also a hassle for retailers, with problems including theft and constant runs to the bank.
  • Amusement parks, casinos and sports stadiums are taking the lead.
  • Reverse ATMs have been installed at most Major League Baseball and National Football League ballparks, plus cashless attractions like Hersheypark, Six Flags and many waterparks.
  • But the pandemic — which initially got people scared to handle bills and coins — accelerated the migration to electronic payments.

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