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This is an accepted version of this page This is the latest accepted revision, reviewed on 21 February 2025. Electronic telecommunications device to perform financial transactions Several terms redirect here. For other uses, see Cash machine (disambiguation), Money machine (disambiguation), and ATM (disambiguation). An old Nixdorf ATM Smaller indoor ATMs dispense money inside convenience ...
An ATM controller (ATMC) is a system used in financial institutions to route financial transactions between ATMs, core banking systems and other banks. An ATMC is sometimes referred to as an "EFTPOS Switch".
ATM. Electronic Funds Transfer (EFT) is an umbrella term that refers to a number of different transfer methods: [2] Automated Clearing House (ACH) payments processed through the ACH network and not through traditional card networks. Not all EFT payments are processed through the ACH network, but all ACH payments are EFTs
In the Open Systems Interconnection (OSI) reference model data link layer (layer 2), the basic transfer units are called frames. In ATM these frames are of a fixed length (53 octets) called cells. This differs from approaches such as Internet Protocol (IP) (OSI layer 3) or Ethernet (also layer 2) that use variable-sized packets or frames.
Here are some common risks associated with using an ATM and helpful practices to ensure safe ATM withdrawals. Common ATM Risks. Most ATMs are in open settings or allow customers to drive up and ...
BAL—Basic Assembly Language; BAM—Block Availability Map; Bash—Bourne-again shell; BASIC—Beginner's All-Purpose Symbolic Instruction Code; BBP—Baseband Processor; BBS—Bulletin Board System; BC—Business Continuity; BCC—Blind Carbon Copy; BCD—Binary Coded Decimal; BCD—Boot Configuration Data; BCNF—Boyce–Codd normal form
ATM: Asynchronous Transfer Mode Telecom ATM cell description: BGP: Border Gateway Protocol (routing protocol) Application layer, Routers RFC 4271 BSS: Basic service set (Wi-Fi) Wireless IEEE Std 802.11-2007: CAT: Category (e.g. CAT-5 cable) Physical layer ANSI/TIA/EIA-568-B.1-2001: CCITT (obs.) Standards organization that has been replaced by ...
An interbank network, also known as an ATM consortium or ATM network, is a computer network that enables ATM cards issued by a financial institution that is a member of the network to be used to perform ATM transactions through ATMs that belong to another member of the network. However, the functions which may be performed at the network ATM vary.