The cashless ATM is a payment terminal that enables customers to make their purchases with a debit card in the same process as they would make an ATM transaction to withdraw cash. The system was originally created as an alternative payment solution to serve the high-risk business. Now other types of businesses use this method of payment acceptance as well. The ways the cashless ATM technology works The word cashless ATM can be a little confusing as the full form of ATM (Automated Teller Machine) is usually associated with a free-standing kiosk or machine located within a bank or…