1 / 11

ATM : A.T.M

ATM : A.T.M. Done by Shakila Sattar. What is an A.T.M.?. Automated teller machine Or Automatic teller machine. An A.T.M. machine consists of:. CPU Magnetic or chip card reader Pin pad Secured cryptopprocessor Display Function key or touch screen Record Printer Vault Housing.

steffi
Download Presentation

ATM : A.T.M

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. ATM : A.T.M Done by Shakila Sattar

  2. What is an A.T.M.? • Automated teller machine Or • Automatic teller machine

  3. An A.T.M. machine consists of: • CPU • Magnetic or chip card reader • Pin pad • Secured cryptopprocessor • Display • Function key or touch screen • Record Printer • Vault • Housing

  4. What is the usage of A.T.M.: • The customer is identified by inserting a plastic card with a magnetic strip Or • A plastic smartcard with a chip that contains the card number and security information. • Upon successful entry of the PIN, the customer may perform a transaction.

  5. Games and Promotional freatures Alternate uses of A.T.M.: Donation to charities Purchase of Lottery ticket • As it was basically invented as a cash dispenser, they now have evolved to include many other bank-related functions. Loading monetary Value into pre-paid cards Ticket Purchases Postal stamp purchase Updating passbooks Paying routine bills, Fees and taxes Depositing currency Recognition, acceptance, And recycling Printing bank statements

  6. Different types available: • Installation location – on and off premise And • Physical characteristics – mono and multi function

  7. Why do we use an A.T.M.? • Convenient? • Enable us to check our account balance, withdraw cash, or make any type of bank transaction any time?

  8. Negative aspects: • Unemployment? • Instead of talking to a person we are confronting a machine? • Could be confusing to operate at times? • We could forget our passwords? • We might have questions that it is unable to answer unlike a human would? • Crime? • Robbing? • Stolen or counterfeit ATM cards? • ATM fraud? • Loss of privacy? • Error of the computer program?

  9. Positive aspects: • More job opportunities at a computer store? • How do computers change the work environment and the structure of business? • Alienation? • Customer service? • Banking industries developed may approaches to reducing fraud and ATM crime? • Loss of privacy but helps control crime?

  10. Work cited: • http://en.wikipedia.org/wiki/Automated_teller_machine#Global_use • http://www.gulfnews.com/business/money/10072740.html

  11. Thank you for watching

More Related