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What does ATMs mean?

Automated teller machines

Automated teller machines (ATMs) are electronic banking outlets that allow people to complete transactions without going into a branch of their bank. Some ATMs are simple cash dispensers, while others allow a variety of transactions such as check deposits, balance transfers, and bill payments.

Is ATM an acronym or abbreviation?

ATM

Automated teller machine / Short name

In the world of personal banking, ATM is an abbreviation for automated teller machine.

Is ATM a credit or debit?

An ATM card is a PIN-based card, used to transact in ATMs only. While a Debit Card, on the other hand, is a much more multi-functional card. They are accepted for transacting at a lot of places like stores, restaurants, online in addition to ATM.

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