Tag Archive | “PIN”

What do you know about ATM?

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An ATM (Automatic or Automated Teller Machine) is a name given to a computerized machine which is designed to dispense cash to bank customers without any requirement of human interaction. The ATM is also programmed to perform the functions of taking deposits, transferring money between bank accounts and providing other basic financial services.


24 Hours Service of an ATM

Most of the banks feature one or more “on premises” ATMs for the customers so that customers may have access to services 24 hours a day, seven days a week. During the working hours of banks the ATM can reduce long lines inside the bank by providing an alternative to a human teller. The better thing is that, the ATM continues to be available long after that the bank is closed. The ATM is there to serve if you need cash in the evening, on a holiday or Sunday.

How to use an ATM?

For using an ATM, the customer feeds it a bankcard, sometimes also called a debit card. This cards is identical to a credit card but is issued from the bank for the use with an ATM. Once that the machine reads the magnetic strip on the card, a personal identification number is requested by it, which is also called PIN. Security is provided by the PIN in case the card is lost or falls into the wrong hands.

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3 Fast Ways to Prevent Identity Theft

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It is recently reported that there have been massive credit card security breaches. Hackers and scammers are always in a search for an easy score. It is not possible to keep them from targeting big corporations, but what you can do is that you can take steps to ensure that they don’t get your personal information due to any mistake made by yourself.

Usual Advices To Ensure Your Credit Card Security

You’ve must have heard the usual advice such as don’t ever carry all of your credit cards in your wallet; never give out your credit card number over the phone; and never shop online except at trusted web sites with good security measures in place. What else can you do to protect yourself?

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Don’t fall for phishing scams.

The probable sources of these scams are that they can come in the form of official-sounding e-mails, text messages, or phone calls. Typically the premise is the same: your account has shown there which is a suspicious activity, and now in order to verify your identity and regain access to your account you must have to provide your PIN, password, or Social Security Number. Don’t fall prey to these scams! It might be claimed by the scammers that they does work for your bank, a major retailer, or even the IRS.


Here the problem is that your personal account details via text, phone, or e-mail will never be asked by any of those entities. If this thing happens to you and you have received a phishing message, you don’t answer it and just simply ignore it and then contact the actual business using their official contact information. There are chances that you’re not the only victim they’ve heard from.


December 2010
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