What is Online ATM?

An Online ATM, or Automated Teller Machine, refers to a digital platform that allows users to perform banking transactions via the internet, rather than through a physical machine. This can include services such as checking account balances, transferring funds, and withdrawing money through virtual transactions. Online ATMs facilitate convenient access to banking services anytime and anywhere, often through mobile apps or web interfaces. However, they still require secure access and authentication measures to protect users' financial information.