Banks today have several options for processing checks. They can outsource the processing of paper..

Banks today have several options for processing checks. They
can outsource the processing of paper checks, use the quasi-paperless system of
ATMs, or process transactions over the Internet. Bank managers have found that
online banking substantially reduces transaction processing costs. According to
a study by an international consulting firm, the cost of processing a
transaction is 1 cent if the transaction is completed over the Internet, 27
cents if an ATM is used, and $1.07 if processed by a teller.

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550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
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