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Working of Automatic Teller Machine (ATM)

Nowadays, people do not carry money for shopping. Instead, they carry an automated teller machine card, also known as ATM Card. When money is needed they go to the nearby ATM machine, insert their ATM card, and take the required amount. As these ATM machines are found in most of the supermarkets, towns, and even hotels. Do you have any idea how your bank money is received from any part of the country? In this post we will describe briefly on how the ATM is networked with the bank and the working of an ATM machine.

Original Article Source Credits:   CircuitsToday , https://www.circuitstoday.com/

Article Written By:  John

Original Article Posted on:  NA

Link to Original Article:  https://www.circuitstoday.com/working-of-automatic-teller-machine-atm

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Author: External Author | | Categories: Banking Technology



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