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White-label automatic banking machines (ABMs) or White-label ATMs are ATMs that provide an alternative source of cash dispensing vis-à-vis traditional ATMs from banks. White-label ATMs (WLAs) may be operated by an independent ATM deployer .
An automated teller machine ( ATM) 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 without the need for direct interaction with bank staff.
- Dimensions
- ATM Uses
- Card Networks
- Misuse
- In Vietnam
- See Also
The size of ATM cards is 85.60 mm × 53.98 mm (3.370 in × 2.125 in) and rounded corners with a radius of 2.88–3.48 mm, in accordance with ISO/IEC 7810#ID-1, the same size as other payment cards, such as credit, debit and other cards. They also have a printed or embossed bank card number conforming with the ISO/IEC 7812numbering standard.
All ATMs, at a minimum, will permit cash withdrawals of customers of the machine's owner (if a bank-operated machine) and for cards that are affiliated with any ATM network the machine is also affiliated. They will report the amount of the withdrawal and any fees charged by the machine on the receipt. Most banks and credit unions will permit routin...
ATM cards operate through specific networks. Interlink is just one example of the many ATM networks. Canada's Interac and Mastercard's Maestroare examples of networks that link bank accounts with point-of-sale equipment. Some debit card networks also started their lives as ATM card networks before evolving into full-fledged debit card networks such...
Due to increased illegal copies of cards with a magnetic stripe, the European Payments Council established a Card Fraud Prevention Task Force in 2003 that spawned a commitment to migrate all ATMs and POS applications to use a chip-and-PIN solution by the end of 2010. The "SEPA for Cards" has completely removed the magnetic stripe requirement from M...
In Vietnam, ATM cards are commonly understood as debit cards, also known as domestic debit cards. According to the State Bank of Vietnam, as of November 2023, there are over 190 million ATM cards in Vietnam, an increase of 14.6% compared to the same period in 2022.In November 2023, the total value of transactions via ATM reached over 1,300 trillion...
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."
atm⁵ is an interbank network in Singapore, connecting the ATMs of six of Singapore's eight qualifying full banks, QFB. As of 2016, there are 230+ atm⁵ ATMs island-wide. The network was established in April 2005.
ATM usage fees are the fees that many banks and interbank networks charge for the use of their automated teller machines (ATMs). In some cases, these fees are assessed solely for non-members of the bank; in other cases, they apply to all users.
At the money, moneyness where the strike price is the same as the current spot price. At-the-market offering, a type of follow-on offering of stock. Automatenmarken, a variable value stamp. "at the moment" (atm) in the common abbreviation in SMS language. Texas A&M University, whose lettermark resembles "ATM".
