What kind of device is ATM?

What kind of device is ATM?

An automated teller machine (ATM) or cash machine (in British English) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and …

Is ATM a computer device?

An automated teller machine (ATM) is a specialized computer that allows bank account holders to check their account balances, withdraw or deposit money, transfer money from one account to another, print a statement of account transactions, and even purchase stamps.

Why ATM is not a computer?

Being A Computer A computer is an electronic device used for storing and processing data. An ATM also has the same parts that a computer has for example the ATM machine uses a CPU to control the user interface and transaction devices. A computer also uses a CPU to execute programs.

Is an ATM an input or output device?

An automatic teller machine (ATM) is a data terminal that has four output and two input devices and can be either dial-up or leased-line. The former one connects to a host processor via a regular phone line with the help of a toll-free number and a modem.

What are minicomputers used for?

minicomputer, computer that was smaller, less expensive, and less powerful than a mainframe or supercomputer but more expensive and more powerful than a personal computer. Minicomputers were used for scientific and engineering computations, business transaction processing, file handling, and database management.

What are the examples of mainframe?

Examples of mainframe computers include the IBM zSeries, System z9 and System z10 servers. In addition to IBM machines, mainframes in use include the ClearPath Libra brand and the ClearPath Dorado from Unisys.

Which input device is used in ATM machine?

card reader
The input device for an ATM is a card reader, which initially identifies the account. A keypad is used to enter passwords and select transactions. A depository allows the user to deposit cash or checks. Some ATMs have a camera to record transactions, a useful tool to combat fraud.

Are minicomputers still used?

The term “minicomputer” is seldom used today; the contemporary term for this class of system is “midrange computer”, such as the higher-end SPARC from Oracle, Power ISA from IBM, and Itanium-based systems from Hewlett-Packard.

What do you need to know about an ATM?

What Is an Automated Teller Machine (ATM)? An automated teller machine (ATM) is an electronic banking outlet that allows customers to complete basic transactions without the aid of a branch representative or teller. Anyone with a credit card or debit card can access cash at most ATMs.

What are the two input devices of an ATM?

As you know, an ATM has two input devices: Card reader – The card reader captures the account information stored on the magnetic stripe on the back of an ATM/debit or credit card.

What are the different types of ATM machines?

There are two primary types of ATMs. Basic units only allow customers to withdraw cash and receive updated account balances. The more complex machines accept deposits, facilitate line-of-credit payments, transfers, and report account information.

What kind of operating system does an ATM use?

Today, the vast majority of ATMs worldwide use a Microsoft Windows operating system, primarily Windows XP Professional or Windows XP Embedded. [ citation needed ] [ needs update ] In early 2014, 95% of ATMs were running Windows XP. [75]