What is an Automated teller machine?

Answer 1

An ATM (automated teller machine) allows a user to perform basic banking transactions (generally checking account balances, withdrawals, and account transfers) where access to their bank is difficult or inconvenient at their given time and place. When you say ATM Machine I think you mean Automated Teller Machine. This is the device you find at financial institutions and retail locations that dispense cash when you insert your ATM card (the card your bank gives you to access your money from your account using an electronic device) and enter your PIN (personal identification number). ATM machines use ATM networks (as opposed to debit networks for your debit card) to access your account information and dispense cash from your account.

Answer 2

The automated teller machine or the ATM was first introduced in the 1960's. Luther George Simjian is the inventor of the ATM machine.

Answer 3

An automated teller machine is a device which provides bank customers with cash withdrawal without the need of a bank teller.