How do ATM machines and card work?

1. How do ATM machines and card work? Do you want to know how ATM machines and card work for you? ATM is the abbreviation of the automated teller machine. It is working as an automatic banking machine which will be letting the customer to completely perform the basic transaction without any helping hand of banking representatives. There are basically two main types of automated teller machines (ATMs). The first one is letting the clients to draw their cash and get a complete check report of their account balance. The second type is a little bit complex in which the machine will be accepting the deposit and will provide basic facilities related to credit card payment. It will also report the customer about the account information. What is the Automated Teller Machine Card? ATM card is basically an electronic device that is normally used by the banking customers for performing their account transactions. The users will be allowed to access the account on their name through the plastic card which is known as the ATM card. This card is included with the information about the user on some magnetic strip. The strip is based on identification code which is straight away transmitted to the banking central computer by the use of a modem. Users just need to insert the card in the ATM machine so they can access their account and perform some account transactions. An Overview about Automated Teller Machine Devices

2. The automated teller machine is based upon two input devices along with four output devices. Below we have the details about it: Input Devices: Card reader Keypad Output Devices: Speaker Display Screen Receipt Printer Cash Depositor