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What is the primary purpose of an Automated Teller Machine (ATM)?
  • a)
    To provide secure email services.
  • b)
    To enable customers to access their bank accounts and perform transactions without visiting a bank branch.
  • c)
    To serve as a point-of-sale terminal for merchants.
  • d)
    To control the temperature in public places.
Correct answer is option 'B'. Can you explain this answer?
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What is the primary purpose of an Automated Teller Machine (ATM)?a)To ...
ATMs are primarily designed to allow customers to access their bank accounts and conduct various financial transactions, such as withdrawals, deposits, and balance inquiries, without the need to visit a physical bank branch. This convenience has revolutionized banking services and made them more accessible to the public.
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What is the primary purpose of an Automated Teller Machine (ATM)?a)To provide secure email services.b)To enable customers to access their bank accounts and perform transactions without visiting a bank branch.c)To serve as a point-of-sale terminal for merchants.d)To control the temperature in public places.Correct answer is option 'B'. Can you explain this answer?
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