International Journal of Emerging Technology and Advanced Engineering (IJETAE)
The Automatic Teller Machine (ATM) is used for immediate transaction rather visiting a bank. This technique was first introduced by john shepherd-barron. After knowing this technique many parts in the world started to use the ATM for transaction. The ATM transaction is mainly depend on the PIN. The user enter the PIN no so that the transaction is performed. Most of the ATM is connected to interbank networks, enabling people to withdraw and deposit money from machines not belonging to the bank where they have their account or in the country where their accounts are held. Some of the examples of interbank networks include PULSE, PLUS, STAR, LINK, cirrus and interact.