ATM card

An ATM card is any payment card issued by a nancial

institution that enables a customer to access an automated
teller machine (ATM) in order to perform transactions
such as deposits, cash withdrawals, obtaining account information, etc. ATM cards are known by a variety of
names such as bank card, MAC (money access card),
client card, key card or cash card, among others. Most
payment cards, such as debit and credit cards can also
function as ATM cards, although ATM-only cards are
also available. Charge and proprietary cards cannot be
used as ATM cards. The use of a credit card to withdraw
cash at an ATM is treated dierently to a POS transaction, usually attracting interest charges from the date of
the cash withdrawal. Interbank networks allow the use of
ATM cards at ATMs of private operators and nancial
institutions other than those of the institution that issued
the cards.

ring money between accounts. Some may provide additional services, such as selling postage stamps.

3 Non-ATM uses
Some ATM cards can also be used at a branch, as identication for in-person transactions
The ability to use an ATM card for in-store EFTPOS purchases or refunds is no longer allowed, however, if the
ATM card is also a debit card, it may be used for a pinbased debit transaction, or a non-pin-based credit-card
transaction if the merchant is aliated with the credit or
debit card network of the cards issuer. Banks have long
argued with merchants over the fees that can be charged
by the bank for such transactions. Despite the fact that
ATM cards require a PIN for use, banks have decided to
permit the use of a non-PIN based card (debit or credit)
for all merchant transactions.

ATM cards can also be used on improvised ATMs such

as mini ATMs, merchants card terminals that deliver
ATM features without any cash drawer.[1][2] These terminals can also be used as cashless scrip ATMs by cashing
the receipts they issue at the merchants point of sale.[3] For other types of transactions through telephone or
The rst ATM cards were issued in 1967 by Barclays in online banking, this may be performed with an ATM card
without in-person authentication. This includes account
London.[4]
balance inquiries, electronic bill payments, or in some
cases, online purchases (see Interac Online).

Dimensions

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 an embossed bank card
number conforming with the ISO/IEC 7812 numbering
standard.

4 Card networks
In some banking networks, the two functions of ATM
cards and debit cards are combined into a single card,
simply called a debit card or also commonly a bank
card. These are able to perform banking tasks at ATMs
and also make point-of-sale transactions, with both features using a PIN.

ATM uses

Canadas Interac and Europes Maestro are examples

of networks that link bank accounts with point-of-sale
All ATM machines, at a minimum, will permit cash with- equipment.
drawals of customers of the machines owner (if a bank- Some debit card networks also started their lives as
operated machine) and for cards that are aliated with ATM card networks before evolving into full-edged
any ATM network the machine is also aliated. They debit card networks, example of these networks are:
will report the amount of the withdrawal and any fees Development Bank of Singapore (DBS)'s Network for
charged by the machine on the receipt. Most banks and Electronic Transfers (NETS) and Bank Central Asia
credit unions will permit routine account-related bank- (BCA)'s Debit BCA, both of them were later on adopted
ing transactions at the banks own ATM, including de- by other banks (with Prima Debit being the Prima interposits, checking the balance of an account, and transfer- bank network version of Debit BCA).
1

Misuse

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 until the end of 2010.[5]
The SEPA for Cards[6] has completely removed the
magnetic stripe requirement from the former Maestro
debit cards.

See also
Payment card
Credit card
Debit card

References

[1] Permata Mini ATM

[2] Mini ATM BRI
[3] Cashless Scrip ATM Terminals
[4] Jarunee Wonglimpiyara, Strategies of Competition in the
Bank Card Business (2005), p. 1-3.
[5] EPC Card Fraud Prevention Forum - Agreement on new
measures to ght card fraud, 19. July 2010 by Cdric
Sarazin
[6] SEPA for Cards, the SEPA Cards Framework and EPC
Cards Standardisation Programme, accessed 06. August
2010

REFERENCES

Text and image sources, contributors, and licenses

8.1

Text

ATM card Source: https://en.wikipedia.org/wiki/ATM_card?oldid=727985217 Contributors: SimonP, Pnm, Rfc1394, Beland, Discospinster, WegianWarrior, Guidod, Eagleamn, Mintaru, PoccilScript, BD2412, Bgwhite, RussBot, Madrone, Gaius Cornelius, Caerwine, Carabinieri, Airodyssey, Sardanaphalus, SmackBot, Yamaguchi , Simon123, Octahedron80, Linkdude20002001, Metta Bubble, Kuru, Corranhorn5, Golfcart34, Harej bot, Cydebot, Mfko, Matula, Albany NY, PhilKnight, Tgeairn, W. Frank, Jackfork, Ggpur, ImageRemovalBot, Enthusiast01, Arjayay, Mhockey, Ladsgroup, Dthomsen8, Mitch Ames, Dwight Burdette, Addbot, South Bay, Riverstepstonegirl,
Idet.proverka, 78.26, FrescoBot, Notnebalum, Lotje, Sargdub, Beyond My Ken, Dewritech, AvicAWB, Medeis, Mcmatter, Wabbott9, Gray
eyes, Gwen-chan, ClueBot NG, Satellizer, Widr, KLBot2, Glitterasia, Peterkortvel, ChrisGualtieri, AutomaticStrikeout, Frosty, Khosh5,
Faizan, Hoho24, PotatoNinja, Danmaku101, Shader8, Splithin and Anonymous: 72

8.2

Images

8.3

Content license

Creative Commons Attribution-Share Alike 3.0