Jackie inserts a debit card issued by her bank into a machine and keys in her personal identification number. She is then able to withdraw $500 in cash. Jackie is using
A)an automated teller machine.
B)apoint-of-sale system.
C)adirect deposit system.
D)an Internet payment system.

Question

Quizplus · Accepted Answer

Jackie is using an Automated Teller Machine (ATM), which allows her to withdraw cash from her account by using a debit card and personal identification number. A point-of-sale system is used in retail stores to process a transaction when a customer makes a purchase. A direct deposit system is used to electronically transfer funds from one bank account to another, typically used for receiving wages or government benefit payments. An Internet payment system allows for online payments or transfers, such as through PayPal or Apple Pay.

Jackie Inserts a Debit Card Issued by Her Bank into a Machine