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    Naveen Kumar Jvv
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    ATM is known as Automated Teller Machine. The customer is identified by inserting a plastic ATM card with a magnetic stripe and by providing a personal identification number. ATMs communicate with each other through a network which inter-connects all the ATMs through a national level ATM switch.

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    ATM is known as Automated Teller Machine. The customer is identified by inserting a plastic ATM card with a magnetic stripe and by providing a personal identification number. ATMs communicate with each other through a network which inter-connects all the ATMs through a national level ATM switch.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
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    8 views17 pages

    Green Marketing New

    Uploaded by

    Naveen Kumar Jvv
    ATM is known as Automated Teller Machine. The customer is identified by inserting a plastic ATM card with a magnetic stripe and by providing a personal identification number. ATMs communicate with each other through a network which inter-connects all the ATMs through a national level ATM switch.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 17

    ATM is known as Automated Teller Machine.

    The customer is identified by inserting a plastic ATM card with a magnetic stripe and by providing A personal identification number. ATM CARD
    CVV (Card Verification Value) encoded in magnetic stripes

    Cash withdrawal Cash deposit Cheque deposit Cheque cashing Receipt printer Pass book printer

    Cash withdrawal Cash deposit Cheque deposit Cheque cashing Receipt printer Pass book printer

    Balance enquire Mini statement Fund Transfer Bill payments Ticketing

    ATMs communicate with each other through a network which inter-connects all the ATMs through a national level ATM switch due to which third party transaction is possible.

    If you have a Axis bank ATM and you can draw money From any bank say HSBC , in such conditions HSBC Will charge money from customer and HSBC is called As third party ATM. RBI allows customers to make 5 transactions at third party ATMs.

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