Understanding ATM Machines

What is the primary function of an ATM machine?

• To print bank statements

• To transfer money between accounts

• To connect to the internet

• To dispense cash from a bank account

Which component of an ATM reads the card information?

• Card reader

• Printer

• Cash dispenser

• Mainboard

What is the role of the mainboard in an ATM?

• To connect and manage all ATM components

• To print receipts

• To dispense cash

• To read card information

How does an ATM ensure the security of transactions?

• By requiring a signature

• By using a single network

• By encoding transaction requests and codes

• By storing cash in a secure vault

What happens if one network associated with a debit card is down during a transaction?

• The transaction is canceled

• The ATM requests a manual override

• The ATM uses a backup network

• The ATM dispenses cash anyway