{"id":87,"date":"2020-06-20T08:35:17","date_gmt":"2020-06-20T03:05:17","guid":{"rendered":"https:\/\/fullformes.com\/?p=87"},"modified":"2020-06-21T12:46:37","modified_gmt":"2020-06-21T07:16:37","slug":"atm","status":"publish","type":"page","link":"https:\/\/fullformes.com\/atm\/","title":{"rendered":"ATM Full Form (Banking)"},"content":{"rendered":"
Automated Teller Machine (ATM)<\/b> used for making a financial transaction. It is introducing on 27 June 1967 by John Shepherd Barron.<\/p>\n
Full-Form: <\/b>Automated Teller Machine<\/p>\n
Category: <\/b>Banking<\/a><\/p>\n Founder: <\/b>John Shepherd Barron<\/p>\n Other: <\/b>ATM Used for Financial<\/a> Transaction 24×7<\/p>\n<\/div>\n <\/p>\n Officially ATM full form is Automated Teller Machine but some Indian peoples called This All-Time Money or Any Time Money.<\/p>\n ATM is an Electro-Mechanical Machine used for making financial transactions easy. It is introducing on 27 June 1967 by John Shepherd Barron.<\/p>\n <\/p>\n ATM Machine is a revolutionary product for the banking sector it makes financial transactions very easy and reliable.<\/p>\n In today\u2019s world, there are two types of ATM (Automated teller machine<\/b>)<\/p>\n <\/p>\n There is only one definition of ATM and that is Automated Teller Machine no one can actually define you what is ATM because this is a Machine. But here I will try to define the ATM Mean with this Simple example shown below.<\/p>\n <\/p>\n Example:<\/b> Generally, at the bank, we notice cashier he did all things like Receive Cash, Collect Cash, Giving Cash, Generate Recipes and all things. Officially the cashier we notice is called teller on the banking language that\u2019s why here we pronounce ATM as an Automatic teller machine where we don\u2019t need any human for work because the machine does everything for us.<\/p>\n <\/p>\n <\/p>\n <\/p>\n In today\u2019s advanced technologies area, ATM Does lots of work for us including-<\/p>\n <\/p>\n When you have to open your bank account you will receive magnetic stripe ATM Cards after 7 to 14 Business day by post at your Mentioned permanent address.<\/p>\n You can able to use this ATM Cards after setup 4 Digit Pin.<\/p>\n Sometimes you also received your 4 Digit Code with your ATM Cards Delivery.<\/p>\n Note:<\/b> This 4 Digit Pin is Changeable you can change it according to your remembrance and convenience.<\/p>\n The ATM Machine structure is the same when you use Advanced or Basic Machine. Firstly, when you swap your ATM Cards the Machine Will match the Information between Magnetic Stripe and Bank Server. after successfully matching Machine Will Required Your Own 4 Digit Pin for authentication. After submitting the correct pin you can do everything like Cash Deposits<\/b>, Cash Withdraw<\/b>, Mini Statement<\/b>, Recharge<\/b>, Pin Change<\/b>, and all above mention.<\/p>\n Facts:<\/b> According to the facts Former Comedy Actor Mr. Reg Varney was the first person who withdraws cash by the chemical bank at New York (USA) in 1969.<\/p>\n <\/p>\n <\/p>\n Automated teller machine ATM is a user-friendly machine used for doing financial transactions it includes two types of parts the first is input and the second is output. With the all-important parts, this machine provides amazing finicality for transactions.<\/p>\n Here we can cover all the ATM parts step by step So let\u2019s start with Input Device<\/p>\n <\/p>\n Basically, input devices are user focus where the user needs to do something like Keypad, Touch Screen, Card reader and more …<\/p>\n <\/p>\n This is a very important Input Device where we need to swap our magnetic strip card. From this input device machine will identify our data from the server and show our account details on the screen.<\/p>\n <\/p>\n This Input Device is also very important for a transaction on ATM Machine This will allow us to type over 4 Digit Pin for verification also with the use of keypad we fill the amount for withdrawing and deposits.<\/p>\n <\/p>\n ATM Machine is nutting without Screen because this will allow a user to do something. also with the help of this touch screen user will directory input something without any keypads.<\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n ATM is a Fully Automated Machine where we can be doing everything related to banking. With the ATM we have noticed so many Output Devices that are very important for the transaction including cash dispenser, display screen, receipts printer, speaker and more \u2026<\/p>\n <\/p>\n This is very important output devices for ATM Machine with the help of Cash Dispenser you will receive Your Desired Cash of amount that\u2019s you enter with the help of the input device Keypad or touch screen.<\/p>\n <\/p>\n The Display Screen is also a very important tool for making ATM Worthy because whatever you doing screen will show you. here you can see all transaction-related screens or numbers your account details your remaining balance and everything.<\/p>\n <\/p>\n This Output tool is not very important but it\u2019s useful because Speaker will define correct you when you enter the wrong information or write information. ATM sound is a sign of the working Machine.<\/p>\n <\/p>\n This Output device is improving your trust when you withdraw or Deposits cash because humans always trying to collect proof or transaction and this Receipt Printer will grab yours believe.<\/p>\n <\/p>\n Here we are discussing some Devices that are very important to make an ATM Full Automatic so now we are coming with some types of ATM that\u2019s Introduce by Banks.<\/p>\n <\/p>\n Here we are discussing different types of ATM that\u2019s we have seen at more locations and also provide you some basic information about these ATM and their benefits.<\/p>\n These ATMs are introducing by Banks their finicality is depending on their Location, Types, facilities, and providers.<\/p>\n <\/p>\n <\/p>\n <\/p>\n In this section, I am sharing with you some of the very interesting cum important Facts about Automated Teller Machine ATM That\u2019s Very Useful for you to know.<\/p>\n 4 Digit Pin Story: The First ATM Pin is Stored as a six 6 Digit by John Shepherd Barron. But after some time using ATM by their Wife She was not able to remember long 6-digit pin so John Shepherd Barron decided to Fix 4 Digit ATM Pin Number.<\/p>\n <\/p>\n\n
What is ATM<\/h3>\n
What types of Work ATM Does?<\/h3>\n
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How ATM Works<\/h3>\n
Basic Parts of ATM<\/h2>\n
ATM Input Device<\/h3>\n
Card Reader<\/h4>\n
Keypad<\/h4>\n
Touch Screen<\/h4>\n
ATM Output Devices<\/h3>\n
Cash Dispenser<\/h4>\n
Display Screen<\/h4>\n
Speaker<\/h4>\n
Receipt Printer<\/h4>\n
Types of ATM<\/h3>\n
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ATM Related Facts that\u2019s you should know<\/h3>\n
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All Full Forms of ATM<\/h2>\n\n