Automated Teller Machine (ATM) Card

An Automated Teller Machine (ATM) card is a plastic card issued by a financial institution that allows customers to access their bank accounts and withdraw cash from an ATM. The card is linked to the customer’s bank account and can be used to make deposits, withdraw cash, transfer funds, and check balances. ATMs are available 24 hours a day, seven days a week, and are located in banks, supermarkets, airports, and other public places.

History of ATM Cards

The first ATM card was introduced in the late 1960s by Barclays Bank in London. The card was called the Barclaycard and was the first credit card to be issued in the United Kingdom. The card allowed customers to withdraw cash from their bank accounts at any time, without having to visit a bank branch. Since then, ATM cards have become increasingly popular and are now used by millions of people around the world.

In the United States, ATM cards were first introduced in the 1970s by Citibank. The cards allowed customers to withdraw cash from their accounts at any time, without having to visit a bank branch. Since then, ATM cards have become increasingly popular and are now used by millions of people around the world.

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Summary

An ATM card is a plastic card issued by a financial institution that allows customers to access their bank accounts and withdraw cash from an ATM. The card is linked to the customer’s bank account and can be used to make deposits, withdraw cash, transfer funds, and check balances. ATMs are available 24 hours a day, seven days a week, and are located in banks, supermarkets, airports, and other public places. For more information about ATM cards, visit the websites of your local bank or credit union.

See Also

• Debit Card
• Credit Card
• Bank Account
• ATM Machine
• Cash Withdrawal
• Funds Transfer
• Balance Inquiry
• PIN Number
• Bank Branch
• Credit Union

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