2. Automated Tellers Machines (ATMs):
   It is a freestanding self service terminal that can do about 60% of a teller's job 24 hrs. a day at less than half the cost of a human teller. To use an ATM, we insert a plastic card into the terminal and then enter an identification code. The machine responds by cashing cheques, taking deposits.

3. Deposit card : A more complex variation of electronic banking involves the use of point of sale terminals located at merchant's checkout counters and tied electronically to a bank computer. When a store customer presents a debit card the point of sale terminal automatically transfers the money for the purchase from the customer's account to the store's account. Yet another variation enables a person to pay bills automatically by using a personal computer . hich is linked by telephone to the bank computer. When the customer types in the required information, the bank's computer transfers money from the customer's account to the billers account.