2. Objectives
Introduction
History
Structure
How ATM Works
Advantages
Disadvantages
Applications
Conclusion
References
3. The objective of an ATM machine is to provide anytime
or Automated Banking services to the bank customers
without the customer having to make a trip to the bank.
Cash withdrawal
Accept Deposits
Issue Balance Statements
Pre-paid mobile recharge
Money Transfer
Buying Insurance
To analyze the present ATM facilities provided by SBI,
ICICI & HDFC Bank.
4. What is an A.T.M.?
Automated teller
machine
Or
Automatic teller
machine
5. ATM ( Automatic Teller Machine) is machine or
electronic device that is used people for their
bank account transaction, they used ATM for
cash withdrawal, check account balance, make
deposit of checks and cash, or to transfer money
from one account to another. To achieve this
service they are given a plastic card provided by
bank and they have 4 digit secret code. ATM is
available 24 hours no time when to use. An
Automated Teller Machine (ATM) is a
specialized computer that makes it convenient to
manage your money.
6. History
Invented the first ATM:-
• Luther George Simjian
– Idea came first in late 1930
– Registered 20 patents in 1939
– Not-so-successful
Don Wetzel
•American engineer
•Designed Docuteller machine in
1968
•Hold USA patent to the ATM in
1973
7. The idea of ATM machine developed simultaneous in Japan,
Sweden, U.K and U.S.A.
The first cash dispenser machine developed by “Luther George
Simjian ” in Feb.1963, which known as “Bankograph”.
The second dispenser machine developed by John Shepherd Barron
which matched PIN(Personal Identification Number).
This machine known as “DACS”.
The first modern ATM use in Dec. 1972 in UK.The IBM 2984
designed on the request of “Lloyds Bank”. (Contd.)
This design was similar in function of today‟s machines.
HSBC-Honkong and Shanghai Banking Corporation introduce the
first ATM in India in 1987.
11. An automated teller machine increases existing business:
ATM provides 24 hours service
ATM gives convenience to banks customers.
ATM reduces the workload of banks staff.
ATM provides privacy in banking transactions.
ATM provides service without any error.
12. Not available in remote places.
Cannot avoid illegal use in case of stolen card.
if one forgets the pin number he or she will not be able to withdraw
money from their accounts,
13. Facilities ATM CDM
• Cash Withdrawals
• Balance Enquiry
• Mini Statement
• Cash Deposit
• Cheque Deposit
(Into your account or any pre registered third
party account)
• Etisalat Bill Payment
• Utility Bill Payment
• Etisalat Mobile Top-up
• Barclaycard Credit Card Payment
• Cheque Book Request
• Debit Card Pin Change
14. Cash Withdrawal and Balance Enquiry
Bill Payments
Cash /Cheque Deposit
Sale of Paper Based Products
15. Online banking has become very common
Easy to set up and use
May decrease some ATM use for bill paying and deposits
Home computers can’t dispense cash
ATMs are often found near retailers or other convenient places
16. As the banking sector computerize day to day, and ATM have
became a part of modern banking system.
The banks in developing country adopt ATMs to improve their own
internal process and also for increase facilities and services of their
customers.
Now customers become aware about this machine.
The growth of ATM rapidly high at the world wide level also in
India.
This technology is simple, safe and secure and people feel
satisfaction to use this.
