GOOGLE Prepaid Debit Card

Internet giant Google Inc in the financial services sector has also started to stretch the legs . The company has launched a prepaid debit card , the customer can not just shopping , but also hereby withdraw their money from the ATM machine . The company is currently trading card has just launched in the U.S. .
This card through customer deposits in your Google Wallet account to be able to use as needed . Providing online payment feature Google Wallet is a smartphone app . The customers make purchases and transfer money to each other allows . Google said in a statement that the new debit card will be accepted at all locations where MasterCard cards are accepted .

Funds through ATM with the card can be removed . The company said that this new client money in wallet card 'll be adding to your online account . Transfer money from the wallet card as well as any other when it will be able to receive money .
Google said in a statement on his blog that the card is completely free . No monthly or annual fee for this kind of company will . The card company played a major role in business and customer shopping habits will help to achieve better information . It had been speculation the company may completely unload your credit card market . The company plans to launch this card then was upset when Google Wallet and Payment Group chief Osama Bediyar had left the company in May . Google spokesman said that the purchase of a new wallet card information will be used for purposes of advertising services .

ATM security burden on customers

Banks across the country protecting your ATM preparing to beef chalk is completed . But this would raise the cost burden to customers . The costs of using the bank ATM are planning to increase fees on every transaction . Some banks may rise to the growth of six per transaction . But the banks before the Reserve Bank [ RBI ] shall be approved by .


After the fatal attack on a woman at an ATM in Bangalore Some state governments have directed banks to increase security at ATMs . Governments of Karnataka and Tamil Nadu have already set guidelines . The Maharashtra government has asked banks to put CCTV cameras in the ATMs . But heavily on banks would cost to execute these instructions . It is believed that to maintain security at ATMs, banks, ATMs , Rs 36,000 each month will incur additional costs . The twenty-four hour security guards and CCTV surveillance camera includes expenditure .
ATM banking industry to protect the plaza to beef burden of Rs 365 crore will be different every month . Banks want to put some burden on the customer . The increase in ATM fees charged to customers is proposed . ATM transactions on a daily average of 200 per transaction is estimated to cost in the region of two to six bucks . Increase in transaction fees than banks also limit the number of free transactions are considered . A month before his number on your bank's ATMs may be limited to five . However, the final decision on the proposed fee increase will pass on the Reserve Bank .