ATM CARD

An 'ATM card' (also known as a 'bank card', 'client card', or 'cash card') is an ISO 7810 card issued by a bank, credit union or building society.
Its primary uses are:

★ at an ATM for deposits, withdrawals, account information, and other types of transactions, often through interbank networks

★ at a branch, as identification for in-person transactions

★ at merchants, for EFTPOS (point of sale) purchases
Unlike a debit card, an ATM card can only be used for transactions in person (and not by telephone, fax or internet), as it requires authentication through a personal identification number or PIN. In other words, it cannot be used at merchants that only accept credit cards.
In countries that don't have proper debit cards, such as Canada, an ATM card is also known as a "debit card".

Contents

See also

See also

★ Credit card

★ Debit card