Generic Article on ATM (Automated Teller Machine)

An Automated Teller Machine (ATM) is an electronic banking device that enables customers to perform financial transactions without the need for direct interaction with a bank representative. Since their introduction in the late 1960s, ATMs have become a fundamental part of the global banking infrastructure, offering convenience, accessibility, and 24/7 service to millions of users worldwide.

Overview and Purpose

ATMs are designed to provide quick access to essential banking services. The most common functions include cash withdrawals, balance inquiries, fund transfers, mini statement printing, and PIN changes. Modern ATMs are also equipped to accept cash and cheque deposits, making them a versatile tool for both individuals and businesses.