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PIN stands for Personal Identification Number. This is a secret number that is required to complete/confirm a transaction.
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∙ 14y ago
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Where is the ATM pin of debit card found on the card?
The PIN is NOT stored on the card. When a card is inserted an ATM, the machine reads the magnetic strip, which contains details of the account number, bank sort code and account holder's name. The ATM connects to the relevant bank's computer over a secure data line, and retrieves the correct PIN for the card. this is matched to the PIN the user enters on the keypad. If they match, the transaction is processed. If they don't - the user is asked to re-enter the PIN.
From which location can you approve a transaction?
From the transaction list and the transaction detail
Which locations can you approve a transaction?
From the transaction list and the transaction detail
How do you approve a transaction as part of the transaction approval process?
on the transaction list, select the transaction and click the Approve button
As part of the approval transaction process how do you approve a transaction?
on the transaction list, select the transaction and click the Approve button
Is a VISA Credit Card being used as 'Debit' if you use a pin?
No - its still a credit transaction. The PIN is simply used to verify you are the registered owner of the card.
What is the meaning of PCA code in ATM transaction receipt?
The PCA code on a ATM transaction receipt means "personal access code." This is the pin number you use to access your account.
What does ATM transaction mean?
ATM stands for Automated Teller Machine. One of those machines where you can withdraw money using a keypad, a card, and a PIN code. ATM transaction is Bank Speak for money withdrawn from an ATM/cash machine.
When using your debit card in person does the transaction go through the internet using either the pin or signature?
No, banks can differentiate between how you used your debit card - whether it's swipe or not, if you used your pin or signed, and whether or not it was typed in on the internet.
Is there an Example DFA of an ATM?
An example of a DFA that resembles an ATM can be constructed with states representing different transaction phases (e.g., idle, card insertion, PIN entry, transaction processing) and transitions triggered by user inputs (e.g., card swipe, key press). This DFA would validate the sequence of inputs based on the current state to determine if a valid transaction has occurred.
Where is the ATM pin of debit card found on the card?
The PIN is NOT stored on the card. When a card is inserted an ATM, the machine reads the magnetic strip, which contains details of the account number, bank sort code and account holder's name. The ATM connects to the relevant bank's computer over a secure data line, and retrieves the correct PIN for the card. this is matched to the PIN the user enters on the keypad. If they match, the transaction is processed. If they don't - the user is asked to re-enter the PIN.
When using a debit card does it matter if you sign or use a PIN?
A PIN number is always necessary to use a debit card and in some instances a signature or proof of identity is also required. The amount spent/used in a debit card transaction is directly deducted from the holder's bank account.
Define dtl in sql?
data transaction languagedata transaction languagedata transaction language data transaction languagedata transaction language
From which location can you approve a transaction?
From the transaction list and the transaction detail
Which locations can you approve a transaction?
From the transaction list and the transaction detail
Can you check your blance ATM?
Yes you can check your bank balance at the ATM. All you need is a valid ATM card and a PIN number. If you possess that, first insert the card into the machine and enter the PIN number. When the ATM asks you which transaction to perform - choose Balance Inquiry and the machine will display the balance for you.
How does debit card processing work?
Debit card processing works by using a PIN number. The user swipes their cards, enters their PIN number, and payment is immediately deducted from the users account. The terminal communicates with the bank, which then verifies that there are adequate funds for the transactions. If there are, the transaction is authorized and the money is deducted.
