
Cash point ATMs are a convenient way to access your money, but have you ever wondered how they work? They use a network of computers and servers to verify your account information and dispense cash.
Most cash point ATMs are linked to a network of banks and financial institutions, allowing you to withdraw cash from your account even if you're not at your own bank. This is known as an "interbank network".
You can find cash point ATMs in a variety of locations, including outside banks, in shopping malls, and even on the street.
A fresh viewpoint: Top Merchant Banks
Features and Customization
Our CashPoints ATMs offer a range of convenient features, including 24/7 access to verify balances, transfer funds, make deposits and withdrawals, and more. No matter where you are in North Carolina, you'll have access to these services.
One of the best things about our ATMs is that there are no surcharge or access fees for SECU debit cards. This means you can use your card without worrying about extra charges.
You can also customize your ATM experience to suit your needs. For example, you can select your own 4-digit ATM PIN, choose your language (English or Spanish), and decide whether to receive a receipt or not.
For your interest: No Cash Out Refi
Customize Your Preferences

You can customize your CashPoints ATM experience to suit your needs. This includes selecting your own 4-digit ATM PIN.
You can choose to receive, not receive, or be prompted for a receipt during each use. This is done through the "Receipts" option under the "MY SECU" menu.
To make quick withdrawals, you can designate an account as your "Fast cash account". This can be done through the "MY SECU" menu as well.
You can also choose how much cash to withdraw at a time, with increments of $20, $40, $60, $80, $100, or $200.
The language of the ATM can be changed to English or Spanish through the "Language" option under the "MY SECU" menu.
Customizing your preferences can make using the ATM more convenient and efficient.
Software
The software that powers our platform is designed to be highly customizable, allowing users to tailor their experience to their specific needs. This is evident in the fact that users can choose from a variety of programming languages, including Python and JavaScript.

With the ability to integrate with third-party APIs, users can extend the functionality of the platform to suit their requirements. This is particularly useful for developers who need to integrate the platform with existing systems.
The software is also designed to be highly scalable, making it suitable for use in a wide range of applications, from small startups to large enterprises. This scalability is achieved through the use of cloud-based infrastructure.
The user interface is highly customizable, allowing users to personalize their experience by selecting from a range of themes and layouts.
Intriguing read: How to Use a Cash Point
Security
ATM security has several dimensions, and it's a crucial aspect to consider when using these machines.
ATMs often use general commodity components that are not considered "trusted systems", which can be a security risk.
Encryption of personal information is used to prevent fraud, and it's required by law in many jurisdictions.
Sensitive data in ATM transactions are usually encrypted with DES, but transaction processors now usually require the use of Triple DES.
For your interest: Atm Security
Remote Key Loading techniques may be used to ensure the secrecy of the initialisation of the encryption keys in the ATM.
Message Authentication Code (MAC) or Partial MAC may also be used to ensure messages have not been tampered with while in transit between the ATM and the financial network.
Customer identity integrity is a significant concern, as there have been incidents of fraud by man-in-the-middle attacks.
These attacks involve attaching fake keypads or card readers to existing machines to record customers' PINs and bank card information.
ATM manufacturers have put in place countermeasures to protect their equipment from these threats.
Alternative methods to verify cardholder identities have been tested and deployed in some countries, such as finger and palm vein patterns, iris, and facial recognition technologies.
Cheaper mass-produced equipment has been developed and is being installed in machines globally that detect the presence of foreign objects on the front of ATMs.
These devices have shown a 99% detection success rate for all types of skimming devices.
Openings on the customer side of ATMs are often covered by mechanical shutters to prevent tampering with the mechanisms when they are not in use.
Alarm sensors are placed inside ATMs and their servicing areas to alert their operators when doors have been opened by unauthorised personnel.
ATMs have a built-in firewall to protect against hackers, which locks down the machine once it detects malicious attempts to break in remotely.
Rules are set by the government or ATM operating body that dictate what happens when integrity systems fail, and banks may or may not be liable in such cases.
Customers often comment that it's difficult to recover money lost in this way, but this is complicated by policies regarding suspicious activities.
In some countries, multiple security cameras and security guards are a common feature at ATMs.
The New York State Comptroller's Office has advised the New York State Department of Banking to have more thorough safety inspections of ATMs in high crime areas.
Legislative efforts to require an emergency PIN system have appeared in several states, but none have succeeded yet.
If this caught your attention, see: State Bank of India Saving Account
Frequently Asked Questions
What ATMs do not charge a fee?
ATMs from CO-OP and PULSE networks typically do not charge a fee, with over 30,000 and 380,000 locations respectively, but STAR Network ATMs may have more locations overall
Is a CashPoints card a debit card?
Yes, the CashPoints card is a Visa Debit Card, linked to the CPG Account for added security. This debit card functionality helps protect against fraudulent activity.
Featured Images: pexels.com