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The ATM identifies a customer by cash card and password. It collects information about a simple bank transaction (e.g., deposit, withdrawal, transfer, bill payment) communicates

The ATM identifies a customer by cash card and password. It collects information about a simple bank transaction (e.g., deposit, withdrawal, transfer, bill payment) communicates the transaction information to the customers’ bank, and dispenses cash to the customer. The banks will provide their software for their computers.

Explain the importance of the barcode on ATM cards.

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The barcode on ATM cards serves as a means of encoding information in a machinereadable format In the context of ATM cards the barcode typically conta... blur-text-image

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