ATM Full Form: Automated Teller Machine – Complete Guide

Technology

Automated Teller Machine

An Automated Teller Machine (ATM) is an electronic banking outlet that allows customers to complete basic transactions without the assistance of a branch representative or teller. It's a computerized telecommunications device that provides financial institution customers with access to financial transactions in a public space.

Access

24/7 Banking Services

Security

PIN & Chip Protection

Location

Banks & Public Spaces

Key Features

  • Cash Withdrawal
  • Balance Inquiry
  • Mini Statement
  • Fund Transfer
  • Bill Payments
  • Mobile Recharge

Transaction Process

Step 1

Insert Card

Step 2

Enter PIN

Step 3

Select Transaction

Step 4

Enter Amount

Step 5

Complete Transaction

Related Terms

PINCDMPOSBankingDigital Payment