GCSE ICT

By the end of this session, you will be able to:

Explain main features of ATM machines
Identify features of credit cards, debit cards,
smart cards
ICT and Banks
Banks use mainframe
computers to maintain
customer accounts.
They store a record of each
customers withdrawals and
deposits.
Each bank mainframe is used
to operate a network of ATMs.
ATM = Automated Teller
Machines.
ATM
Typically, an ATM can be used
for:
Withdraw Cash;
Check an account balance;
Order a statement or print a
mini statement;
Order a cheque book

ATM


What are the parts of an ATM?
Magnetic
Stripe
Reader
Screen
to
display
menu
options
Keyboard
Printer
There will also be a slot
somewhere on the
machine to dispense
the cash.
ATM


Using an ATM:
Insert a debit or credit card into the magnetic stripe
reader.
It will read an account number from the stripe on the
back.
ATM will then ask customer to use their PIN
(Personal Identification Number) for security.
Customer asked to select an option from a menu on
the screen.
To withdraw cash, the customer selects the relevant
options and the request is sent to the banks mainframe
where it is approved and updated.
ATM


Advantages of using an ATM:
Banks can keep their operating costs down as fewer
employees are needed to work at the branches.
Customers have 24 hour access to their accounts seven
days a week.
Theres no need to carry large amounts of cash around
as the large number of ATMs means that it is readily
available.
Next time your parent/guardian is going
to the Cash Machine ask if you can go
along and watch the process!
Types of Cards


There are 2 types of card you will need to
be familiar with:
A Debit Card;
A Credit Card;
Types of Cards


A Debit Card:
This card allows the user to transfer money
from their bank account to the vendors bank
account.
The money for the purchase of the item is
taken from the customers bank account after 1
or 2 days.
The customer MUST have money in the
account to cover the cost of the item.
Types of Cards


A Credit Card:
This card allows the customer to purchase an item
even if they do not have enough funds in their
account.
The customer is then sent a bill each month
totalling the cost of the items bought in that period.
The bill will contain an amount added for interest.
The interest rate will be determined by the Credit
Card provider.
Chip and PIN


What is Chip and PIN?
Found on debit and credit cards.
Customer places chip into a card reader and is
asked to input their PIN (Personal Identity
Number).
The PIN is the same one that is used in the
ATM.
It is a security measure to stop people forging
signatures and using a card fraudulently.