An ATM card is a payment card or a custom payment card issued by a financial institution that allows the customer to access ATMs. ATM cards are plastic cards in the size and method of payment cards with a magnetic stripe or plastic smart card with a chip containing a unique card number and certain security information, such as expiration date or CVVC (CVV). ATM cards are known for a variety of names, such as a bank card or MAC (card access with money), customer card, access card or debit card, etc. Most payment cards, such as debit cards and credit cards, can function as ATM cards, although only ATM cards are available. Charging and ownership cards can not be used as ATM cards. The use of a credit card to withdraw money from an ATM is treated differently than a POS transaction, which generally generates interest charges from the date of cash withdrawal. Interbank networks allow the use of ATM cards at ATMs for private operators and financial institutions that are not those of the issuing institution.
ATM cards can also be used at temporary ATMs, such as "ATMs", and merchant card terminals that offer ATM features without any drawer.
All ATMs will allow, at a minimum, to withdraw money from the customers of the device owner (if a bank is a bank) and for ATM cards, the device is also maintained. They will report the withdrawal amount and any fees charged on the device upon receipt. Most banks and credit unions will allow routine bank account transactions at the bank's ATM, including deposits, check account balance, and transfer funds between accounts. Some may offer additional services, such as the sale of postage stamps.Web Money Debit Automatic Transacted Machined Cards
