TEXT 3 WHAT IS ATM? ATM (automated teller machine) is an electronic automatic machine that enables bank customers to perform financial transactions. ATM enables the holder of a…

TEXT 3 WHAT IS ATM? ATM (automated teller machine) is an electronic automatic machine that enables bank customers to perform financial transactions. ATM enables the holder of a card to make, check the account balance and to make money transfers from one account to another. For example, customers may pay bills and services of mobile phone operators. On most modern ATMs the customer is identified by inserting a plastic card with a magnetic stripe or a plastic smart card with a microchip. The first ATM in the world began to work in Barclays Bank in Northern London on the 27th of June, in 1967. It could give out only ten pound notes. Two years later ATM appeared in the United States in Chemical Bank in Long Island, New York. The first ATMs on the territory of the former USSR appeared in Kiev in «Delta-bank» system in 1991, and then in Moscow in 1993. The first ATMs were placed in the branches of Sberbank and were manufactured by the Italian firm Olivetti. Today the majority of ATM models work with magnetic strip cards and with smart cards. Smart card is a plastic card with a built-in microprocessor. It used ответить на вопросы по тексту 1. What financial transactions can perform the holder of a card using ATM? 2. How is the customer identified on ATM? 3. Where and when did the first ATM in the world begin to work? 4. When did the first ATM appear in Moscow? 5. Where are ATMs usually placed? 6. Where are smart cards used?