ATM, the first FinTech marvel, has been an integral part of the banking infrastructure since its inception.
While ATMs were introduced for customers to access cash at any time, today’s ATMs allow cash deposits/withdrawals using Magnetic or Chip cards and even card-less withdrawals using OTP, UPI QR Code, etc.
Many factors have collectively transformed the ATM from a huge, wall-fixed machine to sleek & smart versions that we see today.