Business Studies, asked by varshaprajapati66, 7 months ago

explain ATM in your own words​

Answers

Answered by indusheel
3

Answer:

ATM STANDS FOR AUTOMATED TELLER MACHINE.ANYBODY NEEDS TO DO THE PAYMENT BUT DON'T HAVE ENOUGH AMOUNT SO HE CAN GO TO A ATM TO WITHDRAW IT AND PAY IT.

Explanation:

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Answered by Taranpreet2605
1

Answer: 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 cash at most ATMs.

In Simple words: An ATM is a machine built into the wall of a bank or other building, which allows people to take out money from their bank account by using a special card. ATM is an abbreviation for 'automated teller machine'.

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