ATM

Presented by
GROUP NO. 7
Dhanya
Neha
Jitendra
Amrapali
INTRODUCTION
 An automated teller machine (ATM), also known as
automatic banking machine (ABM), Automated
Transaction Machine, bank machine, Cash Machine,
or Cash point.

It is a computerized telecommunications device

that provides the clients of a financial institution .

It is a self service banking machine attached

to a host computer through a telephone
network
Contd…
ATM card has a layout with a magnetic stripe or a
plastic smart card with a chip, that contains a
unique card number and some security
information

 Using an ATM, customers can access their bank

accounts in order to make cash withdrawals, credit
card cash advances, and check their account
balances as well as purchase prepaid cell phone
credit.
HISTORY
 LUTHER GEORGE SIMJIAN has first invented
ATM machine which was previously called as
Bankograph.

 It was installed in New York City in 1961 by the

City Bank of New York.

 The Bankograph was an automated envelope

deposit machine (accepting coins, cash and
cheques) and it did not have cash dispensing
features.

 A first cash dispensing device was used in Tokyo

in 1966 .
Contd...
In 1968 the networked ATM was pioneered in
Dallas, Texas, by Donald Wetzel .

1969, Chemical Bank installed the first ATM in

the U.S. at its branch in Rockville Centre, New
York

The first ATMs were designed to dispense a fixed

amount of cash when a user inserted a specially
coded card.
 Location
ATMs are placed in locations such as shopping
centers/malls, airports, grocery stores, petrol/gas
stations, restaurants, etc…

On and off premise.

ATM ARCHITECTURE
Virtual Paths and Virtual Channels
Transmission Path
Virtual Path
Virtual Channel
Switching Hierarchy
Switching at the Transmission Path Level
Switching at the Virtual Path & Virtual
Channel Level
Contd…
LAN Emulation
WORKING OF ATM
BENEFITS OF ATM
FOR THE BANK:
Increases existing business.
Generates new business.
Provides additional revenue streams.
ATM pays for itself.

 FOR THE CUSTOMER:

Saves time and money.
Can get cash whenever and wherever
required.
P
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TYPES OF ATM CONNECTIVITY

An ATM connects and

communicates through a host
processor .

Two types of connectivity

Leased line
Dial-up Line
Contd…
Leased Line:
ATM connects directly to the host through a
4 wire point-to-point dedicated phone line.

Dial-up Line:
ATM connects to the host through a normal
phone line using a modem and atoll free
number.
or
Through an ISP using a local access number.
ATM NETWORK
Uses of ATM
Cash Withdrawal and Balance
Enquiry
Cash /Cheque Deposit
Bill Payments
Sale of Paper Based Products
Third Party Advertising
Money Transfers
Recharge Mobiles via ATMs
ATM Security
 ATMs keep your personal identification number (PIN)
and other information safe by using encryption
software such as Triple DES (Data Encryption
Standard).

 Don't write down your PIN. If you must write it down,

do not store it in your wallet or purse.

 Make your PIN a series of letters or numbers that you

can easily remember, but that cannot easily be
associated with you personally.

 Avoid using birth dates, initials, house numbers or

your phone number.
NEW INNOVATIONS
PC- based ATM.

ATM with keypad having Braille letters

and numbers.

 Wireless ATM

 Mobile ATM
CONCLUSION
ATM is one of the gift from inventor
to humanity .
THANK YOU