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Atm 2003

An ATM, or automated teller machine, allows users to complete banking transactions using input devices like a card reader and keyboard. It provides output through a display screen, speaker, and cash dispenser. The ATM is connected to a host processor and bank's records through a communication link. It works by using an electronic eye and sensors to count and evaluate currency dispensed from the cash dispenser mechanism. While ATMs allow transactions anywhere, innovations continue to be developed to provide additional accessibility and capabilities.

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minni_nain
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58 views

Atm 2003

An ATM, or automated teller machine, allows users to complete banking transactions using input devices like a card reader and keyboard. It provides output through a display screen, speaker, and cash dispenser. The ATM is connected to a host processor and bank's records through a communication link. It works by using an electronic eye and sensors to count and evaluate currency dispensed from the cash dispenser mechanism. While ATMs allow transactions anywhere, innovations continue to be developed to provide additional accessibility and capabilities.

Uploaded by

minni_nain
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
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WHAT IS ATM?????????????
ATM ALSO CALLED AUTOMATIC TELLER MACHINE IS A DATA TERMINAL TO CARRY OUT TRANSACTIONS.

ATM IS ALSO KNOWN AS.


Automated Teller Machine Automated Banking Machine Hole-in-the-wall Cash Dispenser Cash Machine Robotic Teller Cash point (in the United Kingdom) Bank machine (in Canada)

INPUT DEVICES ARE:


CARD

READER

KEYBOARD

OPUTPUT DEVICES
SPEAKER DISPLAY SCREEN

RECEIPT PRINTER
CASH

DISPENSER
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WORKING OF ATM

WORKING INVOLVES. . . . .

CASH DISPENSER
MECHANISM COMMUNICATION LINK.

CASH DISPENSER MECHANISM..


ELECTRONIC EYE COUNTS CASH. TRANSACTION INFO IS RECORDED.

SENSOR TO EVALUATE
THICKNESS OF NOTE.
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Communication link
ATM IS CONNECTED WITH HOST

PROCESSOR AND BANK


RECORDS.

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MERITS AND DEMERITS


CAN CARRY OUT TRANSACTIONS ANYWHERE IN THE WORLD. CANNOT DEPOSIT MONEY USING ATM.

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INNOVATIONS
DEVELOP ATMs

FOR BLIND PERSONS.

MACHINES VERBALLY PROMPT FOR


CARD,PIN AND TYPE OF TRANSACTION.

DEVELOP ATM TO

DEPOSIT MONEY.

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