Economics · Economy
Which one of the following best describes an 'Interoperable ATM Network' in the context of digital banking reforms?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1An ATM mechanism operated solely by foreign banks under bilateral agreements
- 2A digital payment terminal used only for international forex transactions
- 3An ATM network that allows customers of different banks to access basic banking services through shared infrastructure✓
- 4An ATM system restricted exclusively to customers of a single bank
Correct answer
An ATM network that allows customers of different banks to access basic banking services through shared infrastructure
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