How Do ATMs Work

ATM Machine : 

Zaheer Ahmed MB-10-33 Bahadur sub-campus Layyah ATM Machine

How Do ATMs Work? : 

i How Do ATMs Work?

Out line : : 

What is ATM History Software Hardware How atm works Location Advantages and disadvantages Out line :

Definition : 

An unattended electronic machine in a public place, connected to a data system and related equipment and activated by a bank customer to obtain cash withdrawals and other banking services. Also called automatic teller machine, cash machine, Also called money machine. Definition

History … : 

A mechanical cash dispenser, arguably an ATM, was developed and built by Luther George Simjian and installed 1939 in New York by the City Bank of New York, but removed after 6 months due to the lack of customer acceptance. A first Cash dispensing device was used in 1966 in Tokyo. ATM first used in December 1972 in UK. Which is designed by IBM2984. History …

Software : 

ATM use the following standard commercial operating systems Microsoft Windows XP Professional Windows XP Embedded Windows NT, CE Windows 2000. Vista Windows 7 Java, Linux and Unix PROTOCALS: Software

HardWare : 

HardWare - CPU - Card Reader - Cash Dispenser - Display Screen - Function Key Button or Touch Screen - Record Printer - Vault - Housing

Another view : 

Another view

Slide 11: 

ATMs are often covered by mechanical shutters to prevent tampering with the machines when they are not in use. Alarm sensors are placed inside the ATM and in ATM servicing areas to alert their operators when doors have been opened by unauthorized personnel. Security cameras also there

How ATMs Work? : 

How ATMs Work?

Process for withdraw cash : 

Insert your card in Enter the pin code Click the amount you want to withdraw Select account type Then processing start……………………..wait Collect your card Count your money Process for withdraw cash

Locations : 

Locations means where ATM machines are placed 1.Near or inside the premises of banks 2. shopping centres/malls 3.Airports 4.Grocery stores 5. Petrol/gas stations 6.Restaurants 7.Any place large numbers of people may gather Locations

Advantages using ATM : 

you can have access to the cash in your bank account whenever you need it. you are at a store that does not take checks or credit cards but it has an ATM, you can withdraw the money for your purchase. Time saving for customer Advantages using ATM

Advantages using ATM : 

Security 24 hours accessibility Avoiding Banks Advantages using ATM

Disadvantages : 

Disadvantages Security Unlike bank tellers, ATMs do not require the person performing the transaction to present a picture identification Inability To Perform Complex Transactions Fees Difficulty of Use Eating a Card Only 25,ooo withdraw per day Heavy tax on more transition

May be in future…….. : 

. May be in future…….. Stop bothering me! I told you I don’t have any money!

Questions … : 

Questions …

Thank you … : 

Thank you …