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  2. Electronic telecommunications device

    An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff.
    en.wikipedia.org/wiki/Automated_teller_machine
    en.wikipedia.org/wiki/Automated_teller_machine
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    Automated teller machine - Wikipedia

    An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time andSee more

    The idea of out-of-hours cash distribution was first put into practice in Japan, the United Kingdom and Sweden.
    In 1960, Luther Simjian invented an automated deposit … See more

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    Most ATMs are connected to interbank networks, enabling people to withdraw and deposit money from machines not belonging to the bank where they have their accounts or in … See more

    There are no hard international or government-compiled numbers totaling the complete number of ATMs in use worldwide. … See more

    With the migration to commodity Personal Computer hardware, standard commercial "off-the-shelf" operating systems and programming environments can be used inside of ATMs. Typical platforms previously used in ATM development include See more

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    ATMs can be placed at any location but are most often placed near or inside banks, shopping centers, airports, railway stations, metro stations, grocery stores, gas stations See more

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    An ATM is typically made up of the following devices:
    CPU (to control the user interface and transaction devices) See more

    The number of tellers in the United States increased from approximately 300,000 in 1970 to approximately 600,000 in 2010. A contributing factor … See more

     
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    WEBNov 16, 2023 · Learn what an ATM is, how to use it and what to watch out for when you do. Find out how to avoid fees, withdrawal limits and safety issues with ATMs.

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    WEBOct 20, 2019 · Learn how ATMs connect our digital world to the physical one by dispensing cash from your bank account. Discover the main parts and the process of an ATM transaction, from card reader to cash …

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