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By:-Shailesh Roll No.:-B44 Section:- B6911

An automated teller machine (ATM) is a computerised

telecommunications device that provides the clients of a financial institution with access to financial transactions in a public space without the need for a cashier, human clerk or bank teller.
The customer is identified by inserting a plastic ATM card with

a magnetic strip or smart card.

Other name of ATM are Automated Transaction Money,

Automated Banking Money, Cash point, Money Machine, Bank Machine, Any Time Money


In1939 the first atm machine was invented by Luther

George Simjian.
The next ATM machine was developed in 1964.
The current machine style was a creation of British

engineer James Goodfellow. Docutel led the way to the modern ATM machine in 1971. ATMs first came into use in December 1972 in the UK. By 1973, these machines were capable of issuing cash in variable amounts.

Types of ATM
Leased-Line ATM
Consists 4 wire Preferred where volume is high High installation charges

Dial-Up ATM
Contain a simple telephone line

with modem
Low installation charges as

compared to leased line type

An ATM is the typically made up of the following devices

CPU Chip card reader PIN Pad Display Function key buttons Record Printer Vault

An ATM card is a card issued by a bank, credit union or

building society that can be used at an ATM for deposits, withdrawals, account information, and other types of transactions, often through interbank networks. ATM cards are typically about 86 54 mm. two functions of ATM cards and debit cards are combined into a single card called a debit card or also commonly called a bank card.

How ATM machine works?

It is like a computer. It runs on a program

written by bank. When card is inserted language is asked. Magnetic strip on the card is for reading. After this we have so many options for banking. After selecting option it checks customers account perform the action selected.


The very common method is to steal

customers card. Trap the card inside machine by a device Lebanese loop. There are so many methods of copying magnetic strip of card on duplicate card. Criminals use fake keypads or card reader to record PIN no.

Security of atm machine and customer

To stop card cloning smart card are in use

these day Multiple security cameras and security guards are a common feature. Palm or finger scanner and facial recognisation are used for customers identification. Customer should also keep PIN no. secretly.

ATM with a palm scanner (to the right of the screen)


Deposit currency recognition, acceptance, and recycling. Paying routine bills, fees, and taxes Printing bank statements Updating passbooks Loading monetary value into stored value cards Purchasing Games and promotional features. Donating to charities. Cheque Processing Module Adding pre-paid cell phone credit