1 / 5

Automated Teller Machine (ATM)

What an ATM, its meaning and types of ATM? In this article, learn everything there is to know about automated teller machines, their parts, and other features.

Vinay59
Download Presentation

Automated Teller Machine (ATM)

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. What is an Automated Teller Machine (ATM)? - Razorpay Learn

  2. What is an Automated Teller Machine (ATM)? An Automated Teller Machine lets you access your bank account and perform various transactions without the need for a human teller. You can insert your debit card or credit card to identify yourself and enter your personal identification number (PIN) to access the ATM services.

  3. How to Withdraw Money from ATM? You need to follow the below-given steps to withdraw money from an ATM – STEP 1: Insert Card STEP 2: Select your preferred language STEP 3: Enter your PIN securely STEP 4: Select the transaction type STEP 5: Select Bank Account Type STEP 6: Enter withdrawal amount STEP 7: Collect your cash STEP 8: Print receipt

  4. Do ATMs Charge Fees? ATMs may charge fees for certain transactions, such as cash withdrawals or balance inquiries. These fees vary depending on the bank and type of account you have. Some banks offer free ATM access to their customers, while others charge a nominal fee for certain services. Keep in mind that using an ATM from a different bank or network may result in additional charges. ATM fees impact customer convenience and choices. For banks, they can serve as a source of revenue and influence competitive advantage.

  5. Thank you!

More Related