A cash machine is also known as an automatic teller machine. ATMs are also referred to as ABMs, or automatic banking machines, in some parts of the world. These machines are electronic telecommunication devices that enable customers to perform financial transactions without a bank teller present. There are 3 million ATMs in operation today!
AN ATM IS MADE UP OF THE FOLLOWING PARTS:
- Magnetic Card Reader
- Pin Pad
- Secure Cryptoprocessor
- Function Keys
- Record Printer
- Housing and Sensor Indicators
WHY IS THE ATM MARKET GROWING?
Business locations often lease ATMs from banks or service providers. The sale of ATMs has been on the rise due to falling market prices and the rising popularity of purchasing used and refurbished machines. Naturally, weight and size limitations rule parcel carriers out as viable shipping methods, which is why there is an increasing demand to ship ATMs as freight.
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