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Self Service Banking (SSB) is a term used to describe the use of automated technology to provide banking services to customers. This technology includes Automated Teller Machines (ATMs), which allow customers to access their accounts and perform basic banking transactions without the need for a bank teller. ATMs are typically located in public places such as shopping malls, airports, and convenience stores, and are available 24 hours a day.
ATMs provide customers with a convenient and secure way to access their accounts, allowing them to withdraw cash, check their balance, transfer funds, and pay bills. They also provide customers with access to additional services such as account information, loan applications, and credit card applications. ATMs are also used to deposit cash and checks, and to dispense cash.
The SSB market is highly competitive, with a variety of companies offering ATM services. Some of the major players in the market include NCR Corporation, Diebold Nixdorf, Fujitsu, and Wincor Nixdorf. These companies provide a range of services, including ATM hardware, software, and maintenance services. Additionally, many banks and financial institutions offer their own ATM services. Show Less Read more