ATM or Automated Teller Machine is an exclusive machine that has made life easier for millions of people in terms of transacting and depositing money into your bank accounts. We are dependent on ATMs for our financial needs. Besides, it is something that aids in making our modern personal finances an easy thing to manage.
All we do is enter our pin and take the money from the ATM. But automated teller machines are complex machines in how they operate and work. In this unique article, we will discuss some major parts of ATMs that play an important role in ATMs. If any of the parts get damaged, the ATM will stop working or not function well. Continue reading to know the vital ATM parts.
- Display screen: Like any PC, a display screen helps the customer to see every step which they are performing while making a transaction.
- Card reader or scanner: In order to start your transaction, you insert your valid debit or credit card into the card reader or scanner. This part of the machine reads the information on your card and conveys the information to the central processing unit and informs that the card is valid, holds money to transact.
- Keypad: A keypad is responsible for entering the unique pin and the money which you want to withdraw from your account.
- Cash dispenser: Once you are done with entering the unique code and entering the amount of money that you want to withdraw from your account. The cash dispenser plays its role by dispensing the money from the atm into your hand.
