answersLogoWhite

0

An ATM is considered a computer system because it processes data to perform transactions, such as cash withdrawals and deposits, using hardware and software components. It includes a central processing unit (CPU) to execute instructions, memory to store transaction data, and input/output devices like a keypad and screen for user interaction. Additionally, it connects to a bank's network to communicate and authenticate transactions, demonstrating its capability to handle complex operations like a computer. Overall, an ATM integrates various computing functions to facilitate financial transactions efficiently.

User Avatar

AnswerBot

3w ago

What else can I help you with?

Related Questions

Does ATM form part of a computer system?

no


Why ATM can be regarded as machine?

An ATM can be partially considered a computer and also considered a machine (because a computer itself is a machine) that is used to provide banking services to all customers who have a magnetic ATM or Debit card in their possession. It can dispense cash, print out balance statements, accept deposits, transfer funds etc.


Is an ATM considered information technology?

Yes, an ATM can be partially considered a computer and partially considered a machine that is used to provide banking services to all customers who have a magnetic ATM or Debit card in their possession. It can dispense cash, print out balance statements, accept deposits, transfer funds etc.


What are the usefulness of a computer in ATM?

an ATM is a computer itself, im not sure which type i think its a minicomputer not sure this is what im trying to find out


Can you locate an ATM by the ATM?

If the ATM has a GPS system installed related to the other branches and ATM joints, you can check that.


How does ATM pinpad work?

To get the ATM pinpad to work, you have to first push the numbers or buttons that answer the question. Then, the button pushed tells the computer what buttons were pushed. Everything is recorded within the computer of the ATM.


Which is considered to be the metronome for the entire system?

it is something of the computer.


What is considered to be the first implementation of a computer network?

SAGE air defense computer system.


Where is the ATM PIN located on a debit card?

The PIN is not held on the card ! It is stored (in encrypted form) on the computer system of the bank where the customer has the account !


How has ATM helped in Accounting system?

ATM helped in accounting system in various ways. But the most important that ATM helped to maintain the accounting records up-to-date.


What does ATM stand for in the banking system in India?

ATM- Automated Teller Machine


What is the system of software?

System software is typically defined as a computer program that passes directions between the computer hardware and the computer's applications. The most common type of system software is the operating system. The BIOS is also considered system software.