Transacting with ATM cum Debit cards
With the invention of ATMs, the banking consumers have been facilitated with the ease of cash withdrawals or deposits of cash without waiting for banks to open or even one can withdraw the cash anytime anywhere. If you are moving far away from your base station, there is no need to carry the cash along with you during the journey. The cards can also be used for making payments against purchases. Even the money can also be transferred to others through ATM cards. In other words, An ATM is a computerized machine that provides consumers of banks the facility of accessing their accounts for dispensing cash and to carry out other financial & non-financial transactions without the need to visit the bank branch. In addition to dispensing cash, ATMs may offer many other services/facilities to consumers. Some of such services include: · A ccount Information · Cash Deposit · ...
