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What is the key element of ATM?

2026-01-30

Essential Components of ATM Design

Card reader: This part reads the chip on the front of your card or the magnetic stripe on the back. Keypad: The keypad is used to input information, including your personal identification number (PIN), the type of transaction required, and the amount of the transaction.

What are two basic components of ATM?

As you know, an ATM has two input devices:
Card reader - The card reader captures the account information stored on the magnetic stripe on the back of an ATM/debit or credit card. ...
Keypad - The keypad lets the cardholder tell the bank what kind of transaction is required (cash withdrawal, balance inquiry, etc.)

What is the internal structure of ATM machine?

An ATM's internal structure can be broadly categorized into several interconnected modules. These modules include hardware components such as the card reader, display, keypad, cash dispenser, and security features, as well as the software systems responsible for transaction processing, communication, and data security.

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