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Automated Teller Machine (ATM)
An automated teller machine (ATM) is a device that allows for the withdrawal of cash without the need of a human teller or cashier.
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Acquirer
An acquirer is a bank that processes credit and debit card transactions for a merchant.
Related Terms
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MTE (Machine Transfer Entry)
An entry initiated at an electronic terminal, such as an automated teller machine (ATM). This entry can either be a debit or a credit.
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