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- There are different types of ATMs, including12345:
- Basic ATMs: These ATMs only allow customers to withdraw cash, receive updates on their account balance and change their card PINs.
- Complex or full-service ATMs: These units offer comprehensive functions such as cash deposits and transfers, along with withdrawals and account updates.
- Green Label ATMs: Used for agricultural purposes.
- Yellow Label ATMs: Used for e-commerce transactions.
- Orange Label ATMs: Used for share transactions.
- Pink Label ATMs: Specifically for females to help avoid the long queues and waiting time.
- White Label ATMs: Introduced by the TATA group, white label ATMs are not owned by a particular bank but by entities other than the bank.
- Brown Label ATMs: Operated by a third-party service provider.
- Leased Line ATM Machines: Connect directly to the host processor through a four-wire point to point dedicated telephone line.
- Dial-Up ATM Machines: Connect to the host processor through a normal phone line using a modem.
- Onsite ATM.
- Offsite ATM.
- Cash Dispenser.
- Mobile ATM.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The two types of ATMs are basic ATMs and complex ATMs. The function of a basic ATM is usually facilitating cash withdrawal along with an available balance statement. The complex ATM is responsible for multiple functions like displaying account information and providing transaction history and cash deposits.www.javatpoint.com/atm-automated-teller-machineThere are two types of ATMs: Basic units: These ATMs only allow customers to withdraw cash, receive updates on their account balance and change their card PINs. Complex or full-service ATMs: These units offer comprehensive functions such as cash deposits and transfers, along with withdrawals and account updatesrazorpay.com/learn/what-is-atm/Types of Automated Teller Machines (ATMs)
- Green Label ATMs- Used for agricultural purposes
- Yellow Label ATMs- Used for e-commerce transactions
- Orange Label ATMs- Used for share transactions
paytm.com/blog/atm/what-is-atm-full-form-definitio…ATMs can be categorized into the following labels: Orange Label ATMs: Share transactions Yellow Label ATMs: e-commerce transactions Green Label ATMs: Agricultural transactions White Label ATMs: Owned by TATA Group Pink Label ATMs: For female customers Brown Label ATMs: Operated by a third-party service provider Check : IFSC Codewww.bankbazaar.com/ifsc/atm-machine.htmlTypes of ATM Machines
- Leased Line ATM Machines The leased line machines connect directly to the host processor through a four-wire point to point dedicated telephone line. These types of machines are preferred in place. ...
www.elprocus.com/automated-teller-machine-type… - People also ask
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Learn how ATMs work, the difference between debit cards and ATM cards, and how to use them safely. Find out about ATM withdrawal limits, fees, contactless and cardless transactions. See more
An ATM is essentially a computer where you can check your account balance, deposit or withdraw cash and access other financial services. This machine eliminates the need to interact … See more
In most cases, you use an ATM by inserting a debit card, ATM card or credit card into a slot on the machine. Regardless of where the ATM is located, it connects electronically with your bank account via the internet or phone line. You can find an ATM at a … See more
Depositing money at an ATM may work differently from machine to machine. But here are some general instructions: 1. Insert your card. (Don’t forget to retrieve it before you leave.) 2. Enter your PIN. 3. Choose the “deposit” option on the ATM screen. 4. Pick the … See more
While a debit card and an ATM card may look the same, they’re different regarding what you can do with them. An ATM card is used primarily to withdraw cash from an ATM; you also may be able to make deposits. This card is connected to a checking or savings … See more
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