On the basis of account details and the commands received from the user server allows cash dispenser dispense the cash. When the card is swiped or inserted into the given space the card reader captures the account details and passes it to the server. ![]() ![]() The basic input and output devices of an ATM are given below: Input Devices:Ĭard Reader: This input device reads the data of the card which is stored in the magnetic strip on the back side of the ATM card. It features various input and output devices to enable people easily withdraw or deposit money. The ATM machine can be of two types one with basic functions where you can withdraw cash and another one with more advanced functions where you can also deposit cash. This makes banking process very easy because these machines are automatic and there is no need of human cashier for transaction. These machines are used to withdraw money from personal bank accounts. ATM is an electro-mechanical machine that is used for making financial transactions from a bank account. ![]() The full form of ATM is Automated Teller Machine. Here, you will get the answer of following ATM related questions: what is the full form of ATM, what does ATM stand for, what is the meaning of ATM, how ATM works and what does ATM. Next → ← prev What is the full form of ATM
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |