Showing posts with label WHAT is ATM. Show all posts
Showing posts with label WHAT is ATM. 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.

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