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An ATM's main purpose is to dispense cash to the user (and some can take deposits too). An EPOS is an electronic cash register in a business. You present your credit or debit card to pay for goods instead of using money. Sometimes you can get 'cash back' BUT - you need to make a purchase first.
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Define ATM controller?
ATM Controller is the server machine that handles ATM and POS(Point of Sale) transactions.
What is the difference between POS and ATM withdrawal?
The difference between POS and ATM withdrawal is where the transaction takes place. A POS withdrawal is typically cash back at a point of sale at a retailer while an ATM withdrawal takes place at an ATM.
What is the difference between atm and debit card?
difference between debit cards and ATM cards Debit cards, there are points of sale or ATM cards, there are no points of sale
What does ATM mean in India?
Automatic Teller Machine - it dispenses cash and can also take deposits or checks/cheques and cash. You may see store offering payment by EFT-POS which means Electronic Funds Transfer - Point of Sale which is known as Debit card in the USA.
What of following is an example of electronic banking?
Using an atm
What is an electronic-kiosk?
One example of an electronic-kiosk is a bank's ATM (Automated Telling Machine).
What is the pressure (in ATM) at the normal boiling point of water?
1 atm
What is electronic payments system?
This would generally be payments over the internet, or through an ATM.
Is there money in an ATM?
Of course there is ! The whole point of an ATM - is to issue money on demand - especially if the banks are closed !
What is difference between ATM and ISDN?
1-ISDN is a circuit switching where as ATM is a packet switching. 2-ISDN is a point to point fixed bandwidth where as ATM is a variable bandwidth. By----- RAHUL SINGH ABES IT GHAZIABAD
What services are offered by Prizm?
Prizm offers many card services at the ATM and Point of Sale. Prizm is also investing in mobile payment services such as swipe payment via phone or online banking.
What does 'Protocol PPPoA' means?
PPPoA stands for Point to Point Protocol over ATM
