How Do ATMs Work? Full ATM working Explained
How Do ATMs Work? Full ATM working Explained An ATM is a Simple machine that has two input and four output devices attach to it. Like every machine ATM also have to communicate and process a certain information from with the user and data terminal. Host processer does the communication. The host process is analogues to the internet service provider (ISP) through which all the ATM machines are available to the cardholders. Most host processes is connected with the leased line or dial up machines. Leased line is connected with Four wire through dedicated line of control. Dial Up connection are connected using a modem or through internet or phone. Leased-line ATMs are popularly for very high-volume place because of their thru-put power, and dial-up ATMs are preferred for retail merchant locations where cost is a greater factor than thru-put. The initial cost for a dial-up machine is less than half that for a leased-line machine. The monthly OS for dial-up are only a fraction of the co...