3. Meaning: An Automated teller machine
(ATM) is a computerized telecommunication
device that provides a institutions
customers a secure method of performing
financial transactions in a public space
without a human clerk or bank teller.
4.
5.
6. DISADVANTAGE:
1. Difficulty to illiterate people.
2. Fear of loss of ATM cards.
3.Not possible in rural area.
4. Not possible to deposite except SBI.
5. No safety in some ATM’s.