What are the activities involved in ATM transaction?

Uses of an Automated Teller Machine The most common uses of an Automated Teller Machine include withdrawing money and checking balance. ... Newer and advanced ATMs also provide options to open/withdraw a Fixed Deposit (FD), or to apply for a personal loan. ... Customers can now do money transactions at their convenience.

What is ATM in simple words?

An automated teller machine (ATM) is a specialized computer that allows you to complete bank transactions without the need to see a bank representative.

What are the events involved in ATM?

The flows of events for the individual types of transaction (withdrawal, deposit, transfer, inquiry) give the features that are specific to that type of transaction. A transaction use case is started within a session when the customer chooses a transaction type from a menu of options.

What happens at the ATM?

2:13 4:00 How Do ATMs Work? - YouTube YouTube Start of suggested clip End of suggested clip The entire ATM process starts when you insert your card the main board then signals you to enterMoreThe entire ATM process starts when you insert your card the main board then signals you to enter your pin. After the pin makes it back to the main board the board sends off a unique EMV transaction

How ATM works step by step?

How to withdraw money from an ATM? Step 1: Insert ATM Card: ... Step 2: Select Language. ... Step 3: Enter 4-Digit ATM Pin: ... Step 4: Select the type of Transaction: ... Step 5: Select the Type of Account: ... Step 6: Enter the withdrawal amount. ... Step 7: Collect the Cash: ... Step 8: Take a printed receipt , if needed:

What is the process of ATM transaction?

Step 1: Go to an ATM and insert an ATM card. Make sure that the ATM card is inserted through the side with the bank logo and chip. Step 2: Next you will be required to select the language of your choice. Step 3: Now use the keypad and enter the four-digit PIN.

0:07 1:27 Some cash machines especially in small shops charge. For taking money out make sure you use one thatMoreSome cash machines especially in small shops charge. For taking money out make sure you use one that allows free withdrawals. First insert your card into the machine.

Get ATM Screen Flow

Standard Chartered Bank ATM Screen Flow1. Welcome Screen2. Enter PIN3. PIN Verification4.1.2 Wait for the transaction to process4.1.3 Transaction Successful4. Select Transaction4.1 Balance Enquiry 4.1.1.

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2:13 4:00 How Do ATMs Work? - YouTube YouTube Start of suggested clip End of suggested clip The entire ATM process starts when you insert your card the main board then signals you to enterMoreThe entire ATM process starts when you insert your card the main board then signals you to enter your pin. After the pin makes it back to the main board the board sends off a unique EMV transaction

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