ATM Use Insurance
Direct Response Financial Services announced recently that its subsidiary Direct Card Services will offer ATMSafe insurance. The insurance is for debit or stored value cards and covers transactions at automated teller machines. In other words, a consumer whose card is insured is protected in the event of loss of cash, death or injury from a crime at an ATM. In announcing the product, the company cited market research that shows consumers list safety and security as a significant issue in selecting a card to use at an ATM.
Copyright © 2005 Bankers' Hotline. Originally appeared in Bankers' Hotline, Vol. 15, No. 2, 4/05
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