What is an ATM card? How it is beneficial to the modern world?
Answers
Answer:
the atm card is
Explanation:
An ATM card is a bank card used to access an ATM. Virtually everyone who has a checking account also has a card that can be used at an ATM, in the form of a debit or credit card. However, some banks also issue ATM-only cards, which can’t be directly used for making purchases.
ATMs are mostly used to withdraw cash, but a consumer can also make deposits into one's account during and outside normal business banking hours. This card can only be used at ATMs. All withdrawals using an ATM card are immediately deducted from the customer's account
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Answer:An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, transfer funds, or obtaining account information, at any time and without the need for direct interaction with bank staff.
Explanation: