DOI: 10.36347/sjebm.2016.v03i07.001

Pages: 347-359

The study examined the distribution of automated tell machines in Calabar Metropolis in view of the Central Bank of Nigeria’s policy on cashless economy. Data were obtained from both primary and secondary sources using direct field measurement of ATM locations and enumeration of ATMs across the wards, questionnaire and National Population Commission records. The data were presented in tables and analyzed using geographical information systems and statistics. The result revealed a total of 134 ATMs, located across the Metropolis. It was discovered that while some areas had excess ATMs, many other places had deficits, making it difficult for customers to access ATMs services, except at some cost. It was discovered that there is a significant variation (F = (d.f. = 1, 400) = 27.472, p < 0.05) in the cost of transportation to the nearest ATM location across the 22 Wards in Calabar Metropolis. Again, the study revealed that ATMs are significantly clustered in the Metropolis with Max. D of 0.2459 > critical D of 0.136 and disproportionately distributed. It is recommended that more ATMs should be located near the people for easy access at minimal cost so as to enhance the Central Bank of Nigeria policy on cashless economy.