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Atm And Its Uses Pdf

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In January , the U. These warnings were notable because of the nature of the threat: criminals were said to be planning to plant malware on ATMs or connect special devices to control cash dispensing.

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ATM Banking Behaviour in Kuwait: A Consumer Survey

The term ATM stands for automated teller machine. It is an electronic device that is used by only bank customers to process account transactions. The users access their accounts through a special type of plastic card that is encoded with user information on a magnetic strip. The users insert the card into ATMs to access the account and process their account transactions.

The automated teller machine was invented by John Shepherd-Barron in the year This article discusses an overview of the automated teller machine ATM.

By using an automated teller machine or ATM we can perform different financial transactions such as cash deposits, withdrawals, transfer funds, information of account, ATM PIN change, and also linking the Aadhaar number to the bank account so that the interaction between the bank staff and the customer can be reduced.

The automated teller machine ATM is an automatic banking machine ABM that allows the customer to complete basic transactions without any help from bank representatives. There are two types of automated teller machines ATMs.

The basic one allows the customer to only draw cash and receive a report of the account balance. Another one is a more complex machine that accepts the deposit, provides credit card payment facilities and reports account information.

So, Japan invented the Machine for Computer Loan that is called a computer load machine to supply cash. This device was used in the year After some developments, the initial cash dispensing machine was developed by Britain, in London, This was the essential point for current ATMs.

In India, the development of ATMs was very slow because they were launched in the early s to the Indians and assisted through foreign banks. When most of the banks were facing severe problems because of the lack of a strong branch system, then automated teller machines appeared like the best solution to these problems. The ATM machine was implemented to reduce the obstructions of the branch networking by reaching out to the customers by offering comfortable services with fewer transaction charges.

The block diagram of the automated teller machine consists of mainly two input devices and four output devices. The input devices like card reader and keypad whereas output devices are speaker, display screen, receipt printer, and cash depositor. The card reader is an input device that reads data from a card.

The card reader is part of the identification of your particular account number and the magnetic strip on the backside of the ATM card is used for connection with the card reader.

The card is swiped or pressed on the card reader which captures your account information i. The host processor thus uses this data to get the information from the cardholders.

The card is recognized after the machine asks for further details like your identification number, withdrawal, and your balance inquiry Each card has a unique PIN so that there is little chance for some else to withdraw money from your account. There are separate laws to protect the PIN code while sending it to the host processor.

The PIN is mostly sent in encrypted form. The keyboard contains 48 keys and is interfaced to the processor. The display screen displays the transaction information. Each step of withdrawal is shown by the display screen. The receipt printer prints all the details recording your withdrawal, date and time, and the amount of withdrawal and also shows the balance of your account in the receipt. The cash dispenser is the heart of the ATM.

This is a central system of the ATM from where the required money is obtained. From this portion, the user can collect the money. The cash dispenser must count each bill and give the required amount.

If in some cases the money is folded, it will be moved to another section and becomes the reject bit. All these actions are carried out by high precision sensors. This provides communication between ATM and host processors. When the transaction is made, the details are input by the cardholder. This information is passed on to the host processor by the ATM. The host processor checks these details with an authorized bank.

If the details are matched, the host processor sends the approval code to the machine so that the cash can be transferred. There are different types of ATMs in the market which include the following. Most of the host processors can support either leased-line or dial-up machines. The leased line machines connect directly to the host processor through a four-wire point to point dedicated telephone line. These types of machines are preferred in place.

The operating cost of these machines is very high. The dial-up ATMs connect to the host processor through a normal phone line using a modem. These require a normal connection their and their initial installation cost is very less.

The operating cost of these machines is low compared with leased line machines. These ATM machines are arranged in locations wherever a bank branch is located. So, both the bank as well as ATM can be used physically for several purposes by being on-site. Many customers can utilize this to keep away from the queue lines at the branch of the bank so that time taken to finish their bank transactions can be reduced. These machines are arranged on a separate basis, which means that the bank has a place where there is only an ATM machine then this becomes an offsite ATM.

This can be done to make sure that the bank reaches out to more geographical locations to utilize its services by the people even when there is no branch of the bank within the region. So these machines will operate outside of the bank locations. These ATMs are used especially for women.

These ATMs are observed by protectors to make sure that only women are accessing or not so that women waiting in long queues can be reduced.

There is no way to get the PIN from your card. It is encrypted by strong software like Triple data Encryption Slandered. The automated teller machine is simply a data terminal with two inputs and four output devices. These devices are interfaced with the processor. The processor is the heart of the ATM. All the ATMs working around the world are based on a centralized database system.

The ATM has to connect and communicate with the host processor server. The host processor is communicating with the internet service provider ISP. It is the gateway through all the ATM networks available to the cardholder. When a cardholder wants to do an ATM transaction, the user provides necessary information through a card reader and keypad.

The ATM forwards this information to the host processor. The host processor enters the transaction request to the cardholder bank. Once the funds are transferred from the customer account to the host processor bank account, the processor sends the approval code to the ATM and the authorized machine to dispense the cash.

This is the way to get the amount on ATMs. The ATM network is fully based on a centralized database environment. This will make life easier and secure cash. The Automated teller machine is very simple to operate. The step by step algorithm for ATM operation is discussed below.

At present, everyone goes to ATM centers frequently for different purposes like to withdraw, deposit, mini statement, pin change, etc. So for bank account holders, they allowed for five free transactions from their ATMs and three times from other bank ATMs.

The ATM transactions not only include withdrawal but also include changing PIN numbers, balance inquiries, mini statements, etc. It charges for when we withdraw the amount. Every bank provides ATM cards for their bank account holders at the time of account opening without any charge. But, different banks will charge while using the ATMs for transactions when it exceeds a fixed number of transactions. For initial transactions, it will not charge for transactions. Now you have got an idea about how ATM works so if you have any queries on this topic or the electrical and electronic projects leave the comments below.

Thank you for the useful knowledge. I want to acquire the skill to install and maintain ATMs, I will appreciate any further information in this area. Excellent l received the required information in a well defined manner henceforth if l require any latest information l would be contacting you only thanks. Share This Post: Facebook.

What is an Automated Teller Machine & Its Working

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The term ATM stands for automated teller machine. It is an electronic device that is used by only bank customers to process account transactions. The users access their accounts through a special type of plastic card that is encoded with user information on a magnetic strip. The users insert the card into ATMs to access the account and process their account transactions. The automated teller machine was invented by John Shepherd-Barron in the year This article discusses an overview of the automated teller machine ATM.

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PDF | Over time, consumers have come to depend on and trust the Automatic Teller Machine (ATM) to conveniently meet their banking needs. But in recent.

Automated teller machine

An automated teller machine ATM or cash machine in British English is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions , such as cash withdrawals, deposits, funds transfers, or account information inquiries, at any time and without the need for direct interaction with bank staff. Many ATMs have a sign above them indicating the name of the bank or organisation that owns the ATM, and possibly including the networks to which it can connect. Using an ATM, customers can access their bank deposit or credit accounts in order to make a variety of financial transactions, most notably cash withdrawals and balance checking, as well as transferring credit to and from mobile phones. ATMs can also be used to withdraw cash in a foreign country. If the currency being withdrawn from the ATM is different from that in which the bank account is denominated, the money will be converted at the financial institution's exchange rate.

ATM stands for Automated teller machine and is a computerized system that enables the customer to do financial transactions easily. It is an electronic banking outlet that enables customers to perform financial transaction without the need of their bank branch representative and teller. ATMs are a convenient and safe means of managing your fund and doing financial transactions.

Around the world, bankers have just learned about a new technology. But where he got the idea might surprise you. Now, with 3. And the technology can do much more than dispense cash—today, you can walk up to one and handle all kinds of financial services.


An ATM card is a payment card or dedicated payment card issued by a financial institution i.

Automated Teller Machine (ATM)

И вот теперь он требует, чтобы они проигнорировали целый ряд очень странных совпадений. Очевидно, директор что-то скрывает, но Бринкерхоффу платили за то, чтобы он помогал, а не задавал вопросы. Фонтейн давно всем доказал, что близко к сердцу принимает интересы сотрудников. Если, помогая ему, нужно закрыть на что-то глаза, то так тому и .

Цепная мутация, которую вы обнаружили в ТРАНСТЕКСТЕ, является частью этой диагностики. Она там, потому что я ее туда запустил. Сквозь строй не позволял мне загрузить этот файл, поэтому я обошел фильтры.  - Глаза коммандера, сузившись, пристально смотрели на Чатрукьяна.

В нем не было ни картин, ни мягкой мебели, ни фикусов в горшках, ни антикварных часов. Здесь все было подчинено одному требованию - эффективности. Стол, накрытый стеклом, и черный кожаный стул были расположены прямо перед громадным венецианским окном. Три шкафа-картотеки стояли в углу рядом с маленьким столиком с французской кофеваркой. Над Форт-Мидом высоко в небе сияла луна, и серебристый свет падал в окно, лишь подчеркивая спартанскую меблировку. Что же я делаю. - подумал Бринкерхофф.

It was realized that there is a high traffic intensity for ATMs use for most banks in the Municipality. Also, higher educational attainment, number.

What is an Automated Teller Machine (ATM)?

Трудно даже поверить, подумал Беккер, что после всех выпавших на его долю злоключений он вернулся туда, откуда начал поиски. Чего же он ждет. Он засмеялся. Ведь пилот может радировать Стратмору. Усмехнувшись, Беккер еще раз посмотрелся в зеркало и поправил узел галстука. Он уже собрался идти, как что-то в зеркале бросилось ему в. Он повернулся: из полуоткрытой двери в кабинку торчала сумка Меган.

Энсей Танкадо дразнит нас, заставляя искать ключ в считанные минуты. И при этом подбрасывает подсказки, которые нелегко распознать. - Абсурд! - отрезал Джабба.  - Танкадо оставил нам только один выход-признать существование ТРАНСТЕКСТА. Такая возможность. Последний шанс.

Беккер посмотрел на нее внимательнее. К ней как-то не шло сквернословие - как неуместны сточные воды в хрустальном графине. Но, приглядевшись, он убедился, что она вовсе не такая изысканная особа, как ему показалось вначале. Веки припухли, глаза красные, левая рука у локтя - вся в кровоподтеках с синеватым отливом. Господи Иисусе, - подумал .

Впервые с детских лет Беккер начал молиться. Он молился не об избавлении от смерти - в чудеса он не верил; он молился о том, чтобы женщина, от которой был так далеко, нашла в себе силы, чтобы ни на мгновение не усомнилась в его любви. Он закрыл глаза, и воспоминания хлынули бурным потоком.

Приходи поиграть. - На улице еще темно, - засмеялся. - А-ах, - сладко потянулась.  - Тем более приходи. Мы успеем выспаться перед поездкой на север.

Но она понимала, что надежды нет: электроника вряд ли уцелела после катастрофы. Двигаясь в дыму, она вдруг вспомнила слова Хейла: У этого лифта автономное электропитание, идущее из главного здания. Я видел схему. Она знала, что это .

Но когда ТРАНСТЕКСТ расшифровал эти потоки информации, аналитики тут же увидели в них синхронизированный через Интернет отсчет времени. Устройства были обнаружены и удалены за целых три часа до намеченного срока взрыва. Сьюзан знала, что без ТРАНСТЕКСТА агентство беспомощно перед современным электронным терроризмом. Она взглянула на работающий монитор. Он по-прежнему показывал время, превышающее пятнадцать часов.

Она вымыла голову и переоделась - быть может, считая, что так легче будет продать кольцо, - но в Нью-Йорк не улетела. Беккер с трудом сдерживал волнение. Его безумная поездка вот-вот закончится. Он посмотрел на ее пальцы, но не увидел никакого кольца и перевел взгляд на сумку.

Advantages and Disadvantages of ATM (Automated teller machine)

 Вы можете заметить, - продолжал Смит, - что взгляд его устремлен. Он ни разу не посмотрел по сторонам. - Это так важно? - полувопросительно произнес Джабба. - Очень важно, - сказал Смит.  - Если бы Танкадо подозревал некий подвох, он инстинктивно стал бы искать глазами убийцу.

Они работали. Сьюзан буквально онемела, когда эта страшная правда дошла до ее сознания. Северная Дакота - это Грег Хейл. Глаза ее не отрывались от экрана.

 Сколько в тебе снобизма.  - Хейл вздохнул и повернулся к своему компьютеру. В этом вся ее сущность. Блестящий криптограф - и давнишнее разочарование Хейла.

Ведь если кто и может справиться с возникшей опасностью, да еще без посторонней помощи, так это Тревор Стратмор.