Man goes on ATM rampage after machine rejects his card

Banks which are affected with the angery bird 'Teng' need to send him first to Meditation or rehab course to keep his calm and then recover the money :) ( Ofcourse banks can play a peace making music while customer transact :D)

But there is serious take away from this incident that ATM Transactions with (Reason code - 51) Insufficient fund can be game changer. Bank can use analytics to build micro loan instantly and offer him on ATM or Mobile.

If it is for payment to a hotel for stay, wonder why he had not settled the bill thro' credit card payment. The bank should sell him a credit card and educate him on waht to use when.

Another reason to gradually wean ourselves off cash and move to either plastic, (debit or credit), or go to one of several modes of mobile phone payments such as Apple Pay, Google Pay or Softcard. From what I have been reading in articles on the internet, Apple Pay is going to be a monster ie., absolutely huge, a total game changer. The advent of Apple Pay will be a boon to all consumers and citizens who are concerned that payments with smartphones will compromise their privacy. This is certainly not the case with Apple Pay, who have ensured that all iPhone users who use Apple Pay, will have their privacy maintained from Apple, and any bank or merchant.