In e-banking, ATM means

Assessment: JAMB UTME - Commerce - 2010 Subject: Commerce

Question 1 Report

In e-banking, ATM means

Answer Details
ATM means Automated Teller Machine in e-banking. An ATM is an electronic device that allows bank customers to carry out financial transactions without visiting the bank. It allows the customers to withdraw cash, check account balance, transfer money between accounts, and perform other banking services. The machine is automated and works with a card and a personal identification number (PIN) provided by the bank to its customers.

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