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An automated teller machine (ATM) is a computerized telecommunications device that provides the customers of a
financial institution with access to financial transactions in a public
space without the need for a 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 smartcard with a chip, that contains a unique
card number and some security information, such as an expiration date or
CVC (CVV). Security is provided by the customer entering a personal
identification number (PIN). |
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