What is an ATM card?
An ATM card is plastic money or a payment card issued by a bank that enables a customer to access cash through Automated Teller Machines (ATMs). An ATM card is a PIN-based card. A four-digit PIN is a security feature, similar to a password that protects the card. You should always keep your PIN (Personal Identification Number) confidential to avoid misuse of your card.
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Nowadays, every debit card or credit card comes with a chip, due to which contactless technology has enabled transactions with just a tap at the payment terminal or card machine ( it uses RFID technology to read the encrypted code of chip).
Note: All banks levy some amount of annual fees on the ATM Cards.
Citations :
Skillioma (February 26, 2025) What is an ATM card?. Retrieved from https://repo.skillioma.com/what-is-an-atm-card/.
"What is an ATM card?." Skillioma - February 26, 2025, https://repo.skillioma.com/what-is-an-atm-card/
"What is an ATM card?." Skillioma - Accessed February 26, 2025. https://repo.skillioma.com/what-is-an-atm-card/
Skillioma May 15, 2024 What is an ATM card?., viewed February 26, 2025,<https://repo.skillioma.com/what-is-an-atm-card/>
Skillioma - What is an ATM card?. [Internet]. [Accessed February 26, 2025]. Available from: https://repo.skillioma.com/what-is-an-atm-card/
"What is an ATM card?." Skillioma [Online]. Available: https://repo.skillioma.com/what-is-an-atm-card/. [Accessed: February 26, 2025]
Power Words :
- CVV
- Installed
- Confidential
- Deposit
- RFID
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