In the 60 years of their existence, cash machines have become important contact points for customers.
They evolved from pure cash dispensers to comprehensive self-service stations. However, they are increasingly displaced in the course of the substitution of cash with electronic money and with the rise of other self-service solutions, in particular e-banking and mobile banking.
At the same time, fintech companies have launched ATMs for cryptocurrencies (for list of Bitcoin ATMs see https://coinatmradar.com).
More Term Definitions
- Synthetix Definition
- Colocation Definition
- Front-Office Definition
- Electronic Venture (e-Venture) Definition
- Bitcoin ATM Definition