Advantages of ATM

What is Automated Teller Machine (ATM) – Definition & Uses The Automated Teller Machine (ATM) was designed primarily for consumers to make authorized withdrawals at a bank branch or via home banking. ATMs are a means of making bank transactions, with some models also accepting cash withdrawals and deposits. Today, ATMs operated by banks are also used for the sale of traveler’s checks and other financial transactions. It has been used by this name since the 1960s, but its origins can be traced back to the late 1800s. Full Form of ATM An automated teller machine (ATM) is a cash machine that allows users to make transactions with cash by withdrawing cash or depositing money using a card. ATMs are found in many public places, such as banks, convenience stores, and other commercial establishments. An Automated Teller Machine (ATM) is a machine that allows a customer to withdraw cash from