Abstract
An automated teller machine (ATM) is an electronic device that allows customers of a financial institution to access their account and to perform financial transactions such as checking their account balance and withdrawing cash without the need for a bank teller. The customer is issued with a plastic card with a magnetic stripe (or a chip) that contains a card number and security information that uniquely identifies the customer. The customer inserts the card into the machine and enters the personal identification number (PIN), which must match the PIN stored in the card. There are several million ATMs in use around the world.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2018 Springer Nature Switzerland AG
About this chapter
Cite this chapter
O’Regan, G. (2018). Automated Teller Machine. In: The Innovation in Computing Companion. Springer, Cham. https://doi.org/10.1007/978-3-030-02619-6_10
Download citation
DOI: https://doi.org/10.1007/978-3-030-02619-6_10
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-02618-9
Online ISBN: 978-3-030-02619-6
eBook Packages: Computer ScienceComputer Science (R0)