Working of ATM
Working of ATM
Working of ATM
Introduction:
The automated teller machine consists of mainly two input devices and four
output devices that are;
Input Devices:
Card reader
Keypad
Output Devices:
Speaker
Display Screen
Receipt Printer
Cash Depositor
Input Devices:
Card Reader:
The card reader is an input device that reads data from a card .The card
reader is part of the identification of your particular account number and the
magnetic strip on the back side of the ATM card is used for connection with
the card reader. The card is swiped or pressed on the card reader which
captures your account information i.e. the data from the card is passed on the
host processor (server). The host processor thus uses this data to get the
information from the card holders.
Keypad:
The card is recognized after the machine asks further details like your
personal identification number, withdrawal and your balance enquiry Each
card has a unique PIN number so that there is little chance for some else to
withdraw money from your account. There are separate laws to protect the
PIN code while sending it to host processor. The PIN number is mostly sent in
encrypted from. The key board contains 48 keys and is interfaced to the
processor.
Output Devices:
Speaker:
The speaker provides the audio feedback when the particular key is pressed.
Display Screen:
Receipt Printer:
The receipt printer print all the details recording your withdrawal, date and
time and the amount of withdrawn and also shows balance of your account in
the receipt.
Cash Dispenser:
The cash dispenser is a heart of the ATM. This is a central system of the ATM
machine from where the required money is obtained. From this portion the
user can collect the money. The duty of the cash dispenser is to count each bill
and give the required amount. If in some cases the money is folded, it will be
moved another section and becomes the reject bit. All these actions are carried
out by high precision sensors. A complete record of each transaction is kept by
the ATM machine with help of an RTC device.
This Was The full basic introduction about ATM, Keep in mind on the next
lesson which will be covering ATM Networking, Security and the rest of
information.