Due to covid 19 pandemic, many University students face challenges to study with their mates in classrooms today. Some teachings are now done online. To also write research projects, some students are now required to do all research projects studies online in Cameroon today unlike previous years where students could gather statistics from financial institutions and the public, do surveys , and prepare many questionnaires for the research. For more latest information about do covid 19, visit CDC

Center for Desease control and Prevention
Center for Desease control and Prevention

This is why I'm providing sample research project materials online for you to read and  write your own. The project today is entitled: IMPACT OF ATM ON CUSTOMERS’ SATISFACTION IN FINANCIAL INSTITUTIONS IN CAMEROON (CASE STUDY: ECOBANK BANK BUEA) and of the department of Banking and Finance in any University in Cameroon.

What you will get in this article include:

  • Background to the study.

  • Problem statement .

  • Research question.

  • Main and specific objective of the study.

  • Abstract.

  • Contact details to get the full project.

Let's get started



1.1 Background To The Study

Globally, in 1997 the ATM ( Automated Teller Machines) Industry Association (ATMIA) was established in the USA as a global nonprofit trade association to service an industry that built around the global growth of the ATM. There are now close to 3.5 million ATMs installed. The idea of out-of -hour cash distribution developed from bankers' needs in Asia, Europe, little was known of the Japanese device called “computer loan machine” and supplied cash as a three-month loan at 5% per annum after inserting a credit card, the device was operational in 1966. ATM cards are fast replacing confounding withdrawal forms as a convenient way of getting our money from banks. In a way, they are rewriting the rules of financial transactions. A smart person no longer need to carry a wallet- full of money; rather what he/she needs to do, is to fish out an Automatic Teller Machine (ATM) card from his/her pocket, insert it in the slot of the machine, punch in a few details and go home with hard cash (Singh and Komal, 2009).

Adrian Ashfield invented the idea of a card combining the key and user’s identity in February 1962 and it was granted UK pattern 959,713 for “access controller” in June 1964 and assigned to W.S Atkins and partners who employed Adrian Ashfield. It is widely accepted that the first cash machine was put into use by Barclays Bank in its Enfield town branch in North London on 27 June 1967 and was inaugurated by an English actor called Reg Varney. This invention was led by a team engineered by John Shepherd Barron of De La Rue printing firm who was awarded an honor in 2005 in New York by City Bank.

ATM is said to have evolved from early cash dispensers and is said to have first been introduced in the early 1970s. The dispensers were operated by a token in the form of a punch card. This enabled a customer to withdraw as sachets of suitable values of bank notes. These sachets process and then return the card to the customers.

Another source has it that the ATM concept was started around 1967, and that it was first installed in Enfield town, in the London borough of Enfield by Barclays Bank (Thomas, 1996). This is said to have been accredited to John Shepherd Baron, although George Simon registered a patent in New York and Don Wetzel and two other engineers from Docatel Company also registered patents in April 1973 (Brendan, 1996). In the second generation, it was improved to the extent that it made it possible to count proved money.

An ATM is designed to perform the most important function of a bank. The plastic card is replacing cheques, personal attendance of the customers, banking hour’s restrictions and paper based verifications. ATMs are used as a springboard for electronic fund transfer. The ATM itself can provide information about the customer's account and also receive instructions from customers-ATM cardholders. An ATM is an electronic fund transfer terminal capable of handling cash deposits, transfer between accounts, balance enquiries, cash withdrawals and pay bills (Hood, 1976). 

In many parts of the world, the majority of bank customers regularly use Automatic Teller Machines (ATMs) and today’s western youths have not known a world without them. It has taken approximately 30 years to establish ATMs as ubiquitous examples of public walk-up-and-use devices. The adoption has not been straightforward, requiring trust in the technology and willingness to modify behavioral strategies in the very sensitive domain of personal finance.

Financial institutions have played an important role in encouraging ATM adoption. The ATM flourishes within societies where time is precious and money readily available. This culture is composed of individuals, who have personal bank accounts and access to a wide range of technology. For these individuals, ATMs are convenient and reliable every day; push a few buttons and get the money. As ATMs cross-new borders and pervade different cultures, it is important to understand the role of cultural characteristics on people’s perception of attitudes towards, and action on the machine. This understanding is instrumental in facilitating technology uptake and improving design localization, or the process of infusing a specific cultural context into products designed for different cultures (Anderson, 1993).

In Africa, ATMs are not common compared to other continents. It is estimated that in 2009, there were just 36,000 ATMs in Africa-far too low a ratio for a continent bearing one billion people. African banking industry is witnessing an unprecedented competition and 80% of ATMs are concentrated in four African Countries-Morocco, Egypt, South Africa and Nigeria. To stay ahead, banks are coming up with a variety of services to lure customers; services like 24 hours banking, services at doorstep, telephone banking, internet banking, Extended Business Hours (EBH), speedy processing are only a few to mention. Greater part of today’s bank transactions take place somewhere else other than in branch premises (Krishna and Rao, 2006).

The 2012 ATM future trends that Africa will be the fourth most popular target market in 2017 after China, India and USA. Though, the aim of these services is to satisfy customers, there is the need to understand customer awareness, perception and importantly the level of satisfaction. Efforts are made to attract and retain customers by offering them a basket of tailored schemes supported by a state of the art distribution system (the ATMs). The whole exercise is helping banks to serve their customers fast and avoid human intervention totally. And for the customers, ATMs offer hassle-free cash withdrawals, no more fighting with the bank’s teller for change and fresh notes. The ATM has become a medium for non- cash transactions such as payment of bills, insurance payment, printing of statements or even accessing the internet (Krishna and Rao, 2006).

In Cameroon, the value of ATM (per 100,000 adults) was 3.52 as of 2014. NFC (National Financial Credit) launched the ATM in 2012 to make life easier to its loyal customers. It has 7 branches over 10 regions of Cameroon. Though the northern regions of Cameroon are not yet served by the bank, progress is being made to create branches there. The company was created in 1989 and it has been ranked as the second in commercial activities in Cameroon.


1.2 Statement of the Problem

The use of ATMs is a new way of accessing banking services necessitated by customer’s business needs and is enabled by fast changing technology like the internet. Due to achievements brought about by increased utilization of Information and Communication Technology (ICT) in society, the banking industry has introduced ATMs. ATMs provide a new method of dispensing customer services which are expected to increase efficiency, sales performance, and enhance customer satisfaction (Mboma, 2011).

ATM was introduced in Cameroon in 2004 and since then, it has been facing a lot of problems when carrying out its activities such as; breakdown of ATM machines, long queues at ATM service points, retention of customers cards, limited knowledge on the use of ATM cards and fraudulent transactions and operations. Studies have been carried out on the effect of ATMs in providing services, and customer’s satisfaction in countries like the USA, UK, Malaysia, Singapore, Finland and Australia (Gerrard and Cunningham, 2006).

However, no sufficient work has been done in Cameroon with regards to ATM services and customer satisfaction issues. It is therefore against this backdrop that the researcher was prompted to investigate and find out the impact of ATM and customer’s satisfaction in Ecobank Buea.

1.3 Research Questions

The research questions were:

To what extent are customers satisfied with ATM services offered by the Ecobank Buea branch?

What services does the ATM in Buea offer?

What are the problems faced by customers using ATM services?


1.4 Objectives Of The Study.

Main objective:

To examine the impact of ATM on customer’s satisfaction in  Financial Institutions (MFIs) in Buea

Specific objectives:

To examine the difficulties in introducing ATM machines.

To establish the effectiveness of ATMs on account holders.

To establish a relationship between ATM and customer’s satisfaction.

To examine the problems of ATMs on the bank’s customer satisfaction.


Financial institutions have been in the process of significant transformation. Despite this transformation, even though there is a richness of information on the nature and scope of internet banking, there is a scarcity of evidence about the impact of internet banking activities amongst banks that have adopted it compared to those that have not done so. 

This study examines the impact of ATMs on customers’ satisfaction. The objective of the study was to determine how the introduction and usage of ATM products and services has a general impact on the effectiveness and efficiency of a bank's service delivery. 

The study adopted a descriptive survey design. The target population consisted of 33 respondents of NFC Bank, data collection was done through the use of questionnaires and analyzed using statistical tools.

From the study, it was revealed that the role of ATM Banking adoption on the performance of the banking sector mainly refers to time reduction and quality improvement, rather than cost reduction as reported by many authors. Questionnaire administration technique via a structured questionnaire was used to source for data and information from 33 selected respondents which corresponds to the sample and Chi-Square analysis was used to analyze the data. 

The study revealed that the introduction of ATM Banking has impacted positively on the bank’s human resource performance, in terms of improved efficiency and effectiveness of financial institutions performance even as it has enhanced customer satisfaction and increased productivity. The study recommends that critical infrastructure that aids the usage of ATM Banking products should be provided.

Contact details to full project,

Impact of ATM on costumers satisfaction in Financial Institutions in Cameroon ( case study: Ecobank Buea) CLICK ON CONTACT US

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