An Automated Teller Machine (ATM) is a computerized device that provides customers with access to financial transactions in a public space without the need for a branch teller.
A cash dispenser, also known as an Automated Teller Machine (ATM), is a specialized machine that allows bank customers to perform basic financial transactions without needing a branch representative.
A check protector is a machine that prints checks in a manner that makes it difficult to alter. It elevates the written amount to create many small bumps on otherwise smooth paper, thereby enhancing check security and reducing the risk of fraud.
A cheque-in facility refers to a machine that can print the amount of a cheque in machine-readable form. These types of machines are primarily used by banks to streamline the cheque processing operations although there is an increasing push for companies to also adopt these machines to reduce banking fees.
Electronic Funds Transfer (EFT) involves the transfer of money from one bank account to another through electronic means, leveraging computers and communication links. It encompasses various seamless financial services, including home banking and point-of-sale systems.
