Economy, asked by shrutimalviya143, 1 year ago

explain atm in 25 to 35 words (automated teller machine)

Answers

Answered by ayush579
1
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\mathfrak{\green{Answer.}}Hongkong and Shanghai Banking Corporation

HSBC -- the Hongkong and Shanghai Banking Corporation -- was the first bank to introduce the ATM concept in India way back in 1987. Now, most of the banks have their ATM outlets in India. The ATMs installed were from Diebold.
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Answered by nabafnazir5
1
An automated teller machine (ATM) is an electronic banking outlet that allows customers to complete basic transactions without the aid of a branch representative or teller. Anyone with a credit card or debit card can access most ATMs. The first ATM appeared in London in 1967, and in less than 50 years, ATMs had spread around the globe, securing a presence in every major country and even tiny little island nations such as Kiribati and the Federated States of Micronesia.
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