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The gift that gives cash--and keeps on giving. (Marketing News).


It was bound to happen sooner or later. The FAQ Schwarz catalogue this holiday season is featuring a "personal ATM" that parents can buy and install in their homes as a high-end toy for the use of their children, according to news reports.

The ATM, which retails for $20,000, is the Triton model 9600. It can dispense real cash, although parents may want to program it to include daily withdrawal limits. The ATM is the type that is usually located in small convenience stores. The machine can be customized to feature the child's name on the front. FAO Schwarz calls it "the ultimate expression of freedom and independence."

COPYRIGHT 2001 Bank Marketing Assn.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001 Gale, Cengage Learning. All rights reserved.

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Title Annotation:personal automated teller machines for children
Comment:The gift that gives cash--and keeps on giving. (Marketing News).(personal automated teller machines for children)
Publication:ABA Bank Marketing
Article Type:Brief Article
Geographic Code:1USA
Date:Dec 1, 2001
Words:109
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