Understanding ATMs: Functions, History, and Usage Explained
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Understanding ATMs: Functions, History, and Usage Explained
Discover how ATMs, or automated teller machines, perform cash withdrawals, deposits, and transfers, and explore their functions, history, types, and fees.
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ExplainScience on Instagram: "An ATM (Automated Teller Machine) works by connecting the user directly to their bank through a secure electronic network. When you insert or tap your ATM card, the machine reads the card details and asks for your PIN to verify your identity. Once the PIN is entered, the ATM sends this information to the bank’s server for authentication. After verification, you can select transactions like cash withdrawal, balance inquiry, or fund transfer. For cash withdrawal, the
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ExplainScience on Instagram: "An ATM (Automated Teller Machine) works by connecting the user directly to their bank through a secure electronic network. When you insert or tap your ATM card, the machine reads the card details and asks for your PIN to verify your identity. Once the PIN is entered, the ATM sends this information to the bank’s server for authentication. After verification, you can select transactions like cash withdrawal, balance inquiry, or fund transfer. For cash withdrawal, the
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1.4K reactions · 23 shares | Remember these safety tips each time you visit an ATM. Stay vigilant, stay safe. To report any case of cyber fraud or cyber crime to the National Cyber Crime Reporting Portal, dial 1930 immediately or visit www.cybercrime.gov.in #ATMSafety #SafeBanking #BandhanBank | Bandhan Bank | Facebook
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1.4K reactions · 23 shares | Remember these safety tips each time you visit an ATM. Stay vigilant, stay safe. To report any case of cyber fraud or cyber crime to the National Cyber Crime Reporting Portal, dial 1930 immediately or visit www.cybercrime.gov.in #ATMSafety #SafeBanking #BandhanBank | Bandhan Bank | Facebook
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125K views · 569 reactions | Remember these safety tips each time you visit an ATM. Stay vigilant, stay safe. To report any case of cyber fraud or cyber crime to the National Cyber Crime Reporting Portal, dial 1930 immediately or visit www.cybercrime.gov.in #BandhanBank #CyberSecurityAwarenessMonth | Bandhan Bank | Facebook
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125K views · 569 reactions | Remember these safety tips each time you visit an ATM. Stay vigilant, stay safe. To report any case of cyber fraud or cyber crime to the National Cyber Crime Reporting Portal, dial 1930 immediately or visit www.cybercrime.gov.in #BandhanBank #CyberSecurityAwarenessMonth | Bandhan Bank | Facebook
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4.5K views · 144 reactions |  Protect yourself, protect your cash  Watch this quick video for essential ATM safety tips from FNB. Stay ahead of fraudsters this holiday season and transact with confidence #FNBSafe | FNB | Facebook
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ExplainScience on Instagram: "An ATM (Automated Teller Machine) works by connecting the user directly to their bank through a secure electronic network. When you insert or tap your ATM card, the machine reads the card details and asks for your PIN to verify your identity. Once the PIN is entered, the ATM sends this information to the bank’s server for authentication. After verification, you can select transactions like cash withdrawal, balance inquiry, or fund transfer. For cash withdrawal, the
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