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automated teller machine

Also known as ATM, cash machine, cashpoint, cashline, minibank, bankomat, Bancomat, automated banking machine

thumb|An old Nixdorf Computer|Nixdorf ATM in Germany () thumb|right|Smaller indoor ATMs dispense money inside convenience stores and other busy areas, such as this off-premises [[Wincor Nixdorf mono-function ICA ATM in Sweden.]] An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance or account information inquiries, at any time and without the need for direct interaction with bank staff.

AI overview

An automated teller machine (ATM) is an electronic device that lets bank customers perform financial tasks like withdrawing cash, depositing money, transferring funds, or checking account information without needing to speak to a bank employee. ATMs matter because they allow people to access these banking services at any time, making financial transactions more convenient and accessible.

AI-generated from the Wikipedia summary — may contain errors.

Wikidata facts

Image: Bankomaty na dworcu Poznań Główny 01.JPG

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Commons category: Automatic teller machines
Unicode character: 🏧
OpenStreetMap tag: amenity=atm
Commons gallery: Automatic teller machine
equivalent class: schema.org/AutomatedTeller
exact match: purl.obolibrary.org/obo/ENVO_01000911

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~51 min read

Article

29 sections

Contents

History
Invention
Propagation
Docutel in the United States
Further advances
Location
Financial networks
Global use
Hardware
Software
Impact on labor
Security
Physical
Transactional secrecy and integrity
Customer identity integrity
Device operation integrity
Customer security
Jackpotting
Encryption
Uses
Reliability
Fraud
Card fraud
Related devices
See also
References
Further reading
Primary sources
External links

ATMs are known by a variety of other names, including automatic teller machines (ATMs) in the United States (sometimes redundantly as "ATM machine"). In Canada, the term automated banking machine (ABM) is also used, although ATM is also very commonly used in Canada, with many Canadian organizations using ATM rather than ABM. In British English, the terms cashpoint, cash machine and hole in the wall are also used. ATMs that are not operated by a financial institution are known as "white-label" ATMs.