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atm decline

digital banking atm decline
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The Evolution of Personal Banking: From ATMs to Digital Solutions

by Thabo Sebata
March 10, 2025

In South Africa, ATMs are disappearing fast as people turn to mobile banking and cashless payments. Major banks have closed hundreds of ATMs, while Capitec Bank has actually added more. This change is happening because using smartphones is easier and safer than carrying cash, especially with rising crime. As technology improves, banking becomes more about convenience, with digital apps offering many services that ATMs can’t match. The future of banking looks bright and fast, focusing on quick and safe ways to manage money!

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