what is atm

The ATM stands for Automated Teller Machine. It is an electronic banking device that allows customers to perform financial transactions independently, without the help of a bank representative. By inserting a debit or credit card and entering a Personal Identification Number (PIN), you can access various services 24/7. Common transactions include cash withdrawals, balance inquiries, and sometimes fund transfers or bill payments. This self-service machine makes banking convenient and accessible.