Showing posts with label How ATM Works. Show all posts
Showing posts with label How ATM Works. Show all posts

ATM full form

What is The Full Form of ATM ?



ATM : Automated teller machine

WHAT is ATM ?




Using ATM, Bank Account holder access own account and to do other activity such as cash withdrawals, check balances.

How ATM Works ?

ATMs the customer is identified by inserting a plastic ATM card with a magnetic stripe or a plastic smart card with a chip that contains a unique card number and some security information such as an expiration date or CVVC (CVV). Authentication is provided by the customer entering a personal identification number (PIN) which must match the PIN stored in the chip on the card (if the card is so equipped) or in the issuing financial institution's database.

Popular Posts