answersLogoWhite

0

ATM card readers built inside the ATM machines can read the magnetic strip that contains every information about the ATM card including the PIN number.

User Avatar

Wiki User

11y ago

What else can I help you with?

Continue Learning about Accounting

How do you deposit cash into an ATM?

1. an ATM envelope provided by the bank 2. an ATM card and pin number for the card


What happens if you enter the wrong pin on an ATM?

The ATM machine will ask you to re-enter the right pin...and if you re -enter the wrong pin for more than three times than your debit would be blocked automatically...


What is the working of ATM card?

1. visit ATM 2. insert your ATM Card 3. key in your PIN number - the ATM machine will validate the PIN you entered with the PIN maintained with the bank records 4. select the service you want (withdrawal, balance inquiry etc) - the ATM machine will check if you have enough funds in your account to do the transaction selected. 5. collect cash or receipt 6. take out card


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.


What type of authentication does an ATM card use?

An ATM card uses a PIN based authentication mechanism. PIN stands for Personal Identification Number. It is a 4 - 6 digit number that is specific to each card and is known (supposed to be) only to the bank account/ATM card holder. The customer first inserts the ATM card into the card slot of the machine and then keys in the PIN number digits. If the PIN entered matches the number in the bank records, the ATM will let the customer to proceed with his banking transactions.

Related Questions

Can you get money at ATM if you lost pin?

i lost my atm pin


Where is ATM PIN on card?

ATM PIN is stored as secured information in the magnetic strip of the card, which is recognized by the machine once the card is put in and PIN is typed. To know more about secured ATM PIN check Nationalcash.


Where is mention PIN at ATM card?

Nowhere. The PIN is not printed on the ATM card. It is usually memorised by the card holder.


Write An ATM Pin Request Letter?

i want a sample for atm pin request letter to the bank manager


What is the process for changing my ATM credit card PIN?

To change your ATM credit card PIN, you typically need to visit your bank's ATM, select the option to change your PIN, enter your current PIN, and then choose a new PIN. Follow the on-screen instructions to complete the process.


What if you lose you pin for your Youniversal ATM?

Hit the reset button in the back of the ATM and the pin resets to the defaulted value of 1234


How do you get PIN in ATM?

Contact your bank or ATM card provider for assistance.


Why do you need a pin in a ATM?

To verify to the ATM machine's software that you are who you say you are.


How do i get my ATM pin?

go to the bank


Where is the PIN in in ATM card?

sa


Why ATM pin is called ATM password whereas there is no word?

It is not called an ATM Password. It is called only an ATM PIN. PIN Stands for a Personal Identification Number and it is usually a 4 (or more) digit number which is specific to a customer bank account & ATM card combination. It does not contain any characters or alphabets and hence it is not a password.


Can you use a visa credit card on a ATM without a PIN?

Answer a t m pinno you can not use card with no pin at and ATM hope this helps