Page 58 - How It Works - Book Of Amazing Answers To Curious Questions, Volume 05-15
P. 58

What happens                                                                        The screen, commonly an LCD on modern
                                                                                                                  Screen
                                                                                                machines, will prompt the cardholder
                                                                                               through the transaction in a step-by-step
                                                                                             format. It will either be touch screen or have
                                                                                                          buttons on either side.
          inside an ATM?





          Understand how ATMs access                                                                          Once a card has
                                                                                                                 Card slot
          your money, while keeping                                                                           been entered, its
                                                                                                               black magnetic
                                                                                                               stripe is read to
          your details safe                                                                                   authenticate the
                                                                                                            card and its owner.

          Keypad
          The keypad is where users
          enter their four-digit PIN.
          This is then sent to the
          cardholder’s bank in an
          encrypted form in case
          someone intercepts it.
                                                                                                               Reject box
                                                                                                         If the machine pulls the
          Cash dispenser                                                                                wrong number of notes or
          Once the transaction is complete,                                                           detects that one is damaged,
          the requested amount of cash will                                                            they will be dropped into a
          travel up from the vault through the                                                          reject box and the process
          roller mechanism to the dispenser,                                                                  will be repeated.
          where it can be collected.


                 Receipt slot
                 Your transaction details are
                 printed on thermal paper,
                 which uses heat rather than ink
                 to turn the paper black and
                 form the necessary text.

              The magnetic strip on the
              The magnetic strip on the
          back of your bank card is

          actually composed of

          millions of tiny magnets



          Rollers
          The rollers check the
          thickness of each note
          to make sure that two
          notes aren’t stuck
          together, so the
          cardholder receives                                                                                 Deposit box
          the correct amount                                                                            Once cheques or deposits
          of money.                                                                                    are made they are stored in
                                                                                                        the deposit box, where the
                                                                                                        bank will collect them at a
                                                                                                                 later stage.


                                                                                               Cash chambers
                                                                                        Each chamber, or currency box,
          Suction cups                                                                    may hold thousands of notes.       Illustration by  Nicholas Forder
          The suction cups pick up                                                         Most ATMs will stock each
          notes individually, before                                                    denomination depending on the
          the rollers process them.                                                       currency used in its location.

          58       How It Works
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