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ATM Card

 
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An ATM card (also known as a bank card, client card, key card or cash card) is an ISO 7810
ISO 7810

ISO/IEC JTC1 7810:2003 is an international standard that defines four formats for identity or identification cards, ID-1, ID-2, ID-3 and ID-000....
 card issued by a bank
Bank

A bank is a financial institution whose primary activity is to act as a payment agent for customers and to borrow and lend money. It is an institution for receiving, keeping, and lending money....
, credit union
Credit union

A credit union is a Cooperative banking financial institution that is owned and controlled by its members, and operated for the purpose of promoting thrift, providing credit at reasonable rates, and providing other financial services to its members....
 or building society
Building society

A building society is a financial institution, Mutual organization, that offers Banking institution and other financial services, especially mortgage loan....
.

It can be used:

Some ATM cards can also be used:

Unlike a debit card
Debit card

A debit card is a plastic card which provides an alternative payment method to cash when making purchases. Functionally, it can be called an electronic check, as the funds are withdrawn directly from either the bank account , or from the remaining balance on the card....
, in-store purchases or refunds with an ATM card can generally be made in person only, as they require authentication through a personal identification number
Personal identification number

A personal identification number is a secret numeric password shared between a user and a system that can be used to authenticate the user to the system....
 or PIN. In other words, ATM cards cannot be used at merchants that only accept credit cards.

However, other types of transactions through telephone
Telephone banking

Telephone banking is a service provided by a financial institution which allows its customers to perform financial transaction over the telephone....
 or online banking
Online banking

Online banking allows customers to conduct financial transactions on a secure website operated by their retail or virtual bank bank, credit union or building society....
 may be performed with an ATM card without in-person authentication.






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An ATM card (also known as a bank card, client card, key card or cash card) is an ISO 7810
ISO 7810

ISO/IEC JTC1 7810:2003 is an international standard that defines four formats for identity or identification cards, ID-1, ID-2, ID-3 and ID-000....
 card issued by a bank
Bank

A bank is a financial institution whose primary activity is to act as a payment agent for customers and to borrow and lend money. It is an institution for receiving, keeping, and lending money....
, credit union
Credit union

A credit union is a Cooperative banking financial institution that is owned and controlled by its members, and operated for the purpose of promoting thrift, providing credit at reasonable rates, and providing other financial services to its members....
 or building society
Building society

A building society is a financial institution, Mutual organization, that offers Banking institution and other financial services, especially mortgage loan....
.

It can be used:
  • at an ATM
    Automated teller machine

    An automated teller machine is a computerized telecommunications device that provides the customers of a financial institution with access to financial transactions in a public space without the need for a human clerk or bank teller....
     for deposits, withdrawals, account information, and other types of transactions, often through interbank network
    Interbank network

    An interbank network, also known as an ATM consortium or ATM network, is a computer networking that connects the automated teller machine of different banks and permits these ATMs to interact with the ATM cards of non-native banks....
    s


Some ATM cards can also be used:
  • at a branch, as identification for in-person transactions
  • at merchants, for EFTPOS
    EFTPOS

    EFTPOS is an Australian and New Zealand electronic processing system for credit cards, debit cards and charge cards.EFTPOS also allows users of the system to withdraw cash at the time of purchasing a product or service through the merchant's EFTPOS terminal....
     (point of sale) purchases


Unlike a debit card
Debit card

A debit card is a plastic card which provides an alternative payment method to cash when making purchases. Functionally, it can be called an electronic check, as the funds are withdrawn directly from either the bank account , or from the remaining balance on the card....
, in-store purchases or refunds with an ATM card can generally be made in person only, as they require authentication through a personal identification number
Personal identification number

A personal identification number is a secret numeric password shared between a user and a system that can be used to authenticate the user to the system....
 or PIN. In other words, ATM cards cannot be used at merchants that only accept credit cards.

However, other types of transactions through telephone
Telephone banking

Telephone banking is a service provided by a financial institution which allows its customers to perform financial transaction over the telephone....
 or online banking
Online banking

Online banking allows customers to conduct financial transactions on a secure website operated by their retail or virtual bank bank, credit union or building society....
 may be performed with an ATM card without in-person authentication. This includes account balance inquiries, electronic bill payment
Electronic bill payment

Electronic bill payment is a feature of online banking, similar in its effect to a giro, allowing a depositor to send money from his demand account to a creditor or vendor such as a public utility or a department store to be credited against a specific account....
s or in some cases, online purchases (see Interac Online
Interac

Interac Association is a Canada organization linking enterprises that have proprietary computer network so that they may communicate with each other for the purpose of exchanging electronic financial transactions....
).

In some countries, the two functions of ATM cards and debit cards are combined into a single card called a debit card or also commonly called a bank card. These are able to perform banking tasks at ATM's and also make point-of-sale transactions, both functions using a PIN. Canada's Interac
Interac

Interac Association is a Canada organization linking enterprises that have proprietary computer network so that they may communicate with each other for the purpose of exchanging electronic financial transactions....
 and Europe's Maestro
Maestro (debit card)

Maestro is a multi-national debit card service owned by MasterCard. Maestro cards are obtained from associate banks and can be linked to the cardholder's current account, or they can be Prepaid cards....
 are examples of networks that link bank accounts with point-of-sale equipment.

Magnetic stripe cloning can be detected by the implementation of magnetic card reader heads and firmware that can read a signature embedded in all magnetic stripes during the card production process. This signature known as a "MagnaPrint" or "BluPrint" can be used in conjunction with common two factor authentication schemes utilized in ATM, debit/retail point-of-sale and prepaid card applications.

ATM Cleaning Cards are the primary means of cleaning ATM machines to ensure that the machine stays functioning properly.

See also

  • Credit card
    Credit card

    A credit card is part of a system of payments named after the small plastic card issued to users of the system. It is a card entitling its holder to buy goods and services based on the holders promise to pay for these goods and services....
  • Debit card
    Debit card

    A debit card is a plastic card which provides an alternative payment method to cash when making purchases. Functionally, it can be called an electronic check, as the funds are withdrawn directly from either the bank account , or from the remaining balance on the card....