Automated Teller Machine (ATM)  is a card which helps you to redraw any amount you deposited in the bank. These days, people no longer need to carry cash around with them. As cash can be withdrawn anytime of the day using an ATM card.

In this article, I will be showing you the advantages of ATM:

1. ATM is faster than going into the bank to redraw cash.

2. ATM can be used after banking hours and at any time of the day.

3. It has reduced the cost of operations of banks.

4. ATM has reduced the risks associated with carrying large amount of cash to transact business.