Considering events just a few months after the Future Trends survey closed, though, it seems that India might even trump China as a deployment locale. There are two reasons why: This opened the Indian market wide for new deployments, something China has yet to allow; 2 China now has about 3.
In the weighing machine you insert a coin and you get a card telling your weight and fortune.
In ATM you insert a plastic card and you get brand new currency notes and your bank balance. Can we all get such currency notes from ATM?
Is it a lottery? Let us see how ATM works. It is a plastic card having magnetic strip with the Account number of the person. Every account holder is given a separate code number through computers and it is not known even to bank staff.
This code number is like the secret code number available in telephone connection for use of STD facility.
When the numbers tally, the machine shows in the screen as to what he wants? This is done through a Menu Screen, like a Menu Card in hotels or restaurants. You can transact almost all types of bank transactions through ATM. The machine immediately throws out fresh currency notes.
Also you may use the machine only once a day for withdrawals. Similarly, money can be deposited through ATM for credit to your account. When the Menu screen appears on the ATM, you should indicate you want to deposit money.
The machine will flash out a cover you deposit the money no coins cash, cheques, etc. The Machine prints the account number on the envelope and stores it. Like the postman collecting letters from Post Box, the bank staff collects the cover, verify the cash and credit the account.
The ATM also tells you your bank balance, if you ask for it. The main protection in ATM card against wrong use is the secret code number. There is ease and privacy of operation through self service. ATMs have many advantages, some of which are given below:Between and A.D., seals show the general adoption of heraldic devices in Europe.
Historians once theorized that a coat of arms enabled a knight to be recognized by his followers during battle.
The coat of arms became hereditary just as a knight inherited the . A Brief Histroy Of Atm's A Brief History Of ATMs ATMs have been around for almost a quarter of a century, but fees, especially double fees, for using them are a more recent phenomenon.
Database of FREE History essays - We have thousands of free essays across a wide range of subject areas. Sample History essays! World War I summary: The war fought between July 28, , and November 11, , was known at the time as the Great War, the War to End War, and (in the United States) the European War.
Only when the world went to war again in the s and ’40s did the earlier conflict become known as the First. This free Engineering essay on Essay: ATM interface is perfect for Engineering students to use as an example. Some banks would keep the token in the machine and return it to the customer (by post) once the account had been debited.
As a result, early ATMs were standalone, clunky, unfriendly, and inflexible.