Advantages of ATM Card
Advantages of Automated Teller Machine Card:
- The ATM provides 24 hours service
- The ATM provides privacy in banking communications
- The ATMs reduce the work load banks staff
- The ATM may give customer new currency notes
- The ATMs are convenient to banks customers
- The ATM is very beneficial for travelers
- The ATM provide services without any error
Features of Automated Teller Machine:
- Transfer funds between linked bank accounts
- Receive account balance
- Prints recent transactions list
- Change your pin
- Deposit your cash
- Prepaid mobile recharge
- Bill payments
- Cash withdrawal
- Perform a range of feature in your foreign language.
The ATM is made up of much more than a computer, however. In order to perform all of its functions, the ATM has many different parts.
These include the computer, which includes the interface and the keypad for the customer to use, and a magnetic card reader. The latter allows the machine to read the magnetic strip on the back of a customer's debit or ATM card.
The machine will also include a display screen, function buttons (usually placed near the screen and covering the functions of saying "yes," "no," and "cancel"), a printer and a cash drawer. Depending on the ATM, it may also provide envelopes for deposits and security cameras.