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eTrade Baby
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ATM stands for Automated Teller Machine. It may also be known as automatic banking machine (ABM), Cash Machine, or Cashpoint. An ATM is a computerised telecommunications device that provides banking clients access to financial transactions in a public space without the need for a cashier, human clerk or bank teller.
On most modern ATMs, the customer is identified by inserting a plastic ATM card with a magnetic stripe or a plastic smart card with a chip, that contains a unique card number and some security information such as an expiration date or CVVC (CVV). Authentication is provided by the customer entering a personal identification number (PIN).
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