ATM Payphones
Well, I am sorry but this is probably the strangest idea I've ever heard of in mobile banking... Actually fixed banking: Telecom New Zealand is installing an ATM Payphone:
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TSB Bank and Telecom have teamed up to trial New Zealand's first ATM Payphone kiosk. The kiosk will allow people "on the move" to do their banking and make phone calls from the same handy location.
Telecom National Payphone Manager Lisa Hope said "Telecom operates approximately 4,300 payphones in New Zealand and like payphone operators worldwide is seeking new ways to deliver value to customers."
"There are payphone operators internationally that operate ATM Payphone sites and there is evidence that these sites are popular with customers," Mrs Hope said.
Well perhaps somewhere else... But in New Zealand, where there is a huge penetration of cellular technology?
I can imagine someone going to the ATM to withdrawal some cash, and by the way "I will make a phone call here while a line is forming behind me".
But most importantly:
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The ATM service features all current services provided via standard ATM's (sic) and has the most secure ATM technology available. Features include 3DES encryption, anti-skimming facia and card insertion and removal jitter.
Standard Telecom Payphone charges will apply for phone calls made from the ATM Payphone.
I feel safe already...
UPDATE: Added a picture as requested by sbiddle, and got a quote from Telecom New Zealand:
If you're wondering about the reasoning behind sticking an ATM on a payphone.... It enables TSB to get access to pre-existing high profile sites around NZ allowing them to expand their network easily, and the advantage for Telecom Payphones is that they get to share the site rental.
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