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What is ATM Processing

atm1Most individuals use an ATM at least once a month or more, depending on their needs. Between bank ATMs and independently-owned and operated machines, there are over 425,000 ATMs throughout the United States. Despite being a ubiquitous part of the commercial landscape, few people understand exactly how an ATM works. Once the individual’s debit or credit card is swiped through the machine, the ATM is able to read the card owner’s information (PIN number, card number, and the card’s expiration date), from the black magnetic strip on the backside of the card.

How ATM Processing Works

ATM Processing is the series of steps that allow the individual ATM to display the ATM-user’s account information. After the ATM user enters their PIN code, the machine has to communicate with the user’s bank in order to access information concerning the card owner’s account. Each ATM can connect to several interbank networks, the largest national ones being Pulse and Cirrus. Each bank is part of a particular interbank network and the machine is able to access and display an ATM-user’s account information by connecting to the network that the user’s bank belongs to.

America’s ATM offers business owners an opportunity to expand the reach of their business through their ATM Processing Program. Business owners purchase their own ATM and handle the maintenance, programming, and cash loading for their machine, while the team at America’s ATM deals with the ATM processing process. Businesses seeking to grow their business can install an ATM at their store. ATMs attract new potential customers into your business and increase store sales. Plus, businesses with ATMs increase overall sales by at least eight percent, and ATM users spend up to twenty-five percent more money at a business than non-ATM users. Contact America’s ATM at 877-475-1104 or visit the website, http://americanatm.com/programs/, to learn more about the ATM programs America’s ATM offers business owners.

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