Easy ATM Withdrawal from Smartphones: Will QR Codes Soon Replace Pin Numbers?

Diebold, national leaders in ATM manufacturing, gave consumers a sneak peek at what may be the future relationship between smartphones and ATMs at the recent Las Vegas Consumer Electronics Show.

The ATM manufacturers exhibited prototypes of “mobile wallets,” or smartphone-based payment systems to showcase what ATM banking might look like sooner than we think. It will use a multitouch screen with a swipe-down dial — not unlike the iPhone — to withdraw money; and it’ll give you the option to have your receipt emailed or even texted to your phone!

QR Codes for ATM Withdrawal

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If you’re wondering what’s going to take the place of the ATM card itself, it’s simple: The user can scan a QR code to make withdrawals!

Only time will tell if this will become a device we come to rely on. In the meantime, if your business is looking for ATM machines for sale, contact us today!

What is an NDU?

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Visit ATMMS To Shop For Note Dispensing Units.

When you start looking into ATMs, you will almost inevitably also hear about NDUs. Also known as note-dispensing units, these are the heart of most modern automatic teller machines, allowing them to dispense multiple denominations of bills safely and securely. But that’s like explaining a toaster by saying you put in a slice of bread, push down, let the wires get hot, and wait for it to come back up. While accurate enough, it doesn’t explain everything an NDU does or can do. Let’s dig a little deeper.

A note-dispensing unit can be as simple or as sophisticated as you want it to be, but the basic design of an NDU is relatively simple: slots to insert stacks of bills in denominations from one to one hundred dollars, a sturdy thief-resistant casing, and an electronically controlled governor to make sure it dispenses the proper amount of money for any given transaction.

With this basic design, you can increase the size for the needs of a large resort casino cage or make them small enough to allow you to safely and securely store petty cash in a desk drawer. You can also add in security systems such as GPS, internal auditing, and other countermeasures against unauthorized access, intrusion, or theft. This makes NDUs indispensable for business offices of all shapes and sizes, allowing you to quickly and easily access cash when you need to while still protecting your funds.

Many of the features above are standard on most NDUs today, because of the high demand for secure note dispensing units. The best part is that an NDU can be used to quickly and accurately process customer transactions without the hassle or risk of your employees having to access a cash drawer. This helps to make your business less appealing to robbers and thieves of all stripes, because NDUs make it easier for regular transactions to occur while deterring or even thwarting robbery attempts.

Nearly every casino in Las Vegas utilizes note-dispensing units as part of their day-to-day operations, resulting in lower overhead and greatly reduced concerns about theft. These cost-effective units pay for themselves almost immediately by increasing productivity and customer satisfaction while reducing accounting errors and other problems. There is no bulletproof way to eliminate human error from the accounting equation, but having an NDU onsite is a great start. To learn more about how NDUs can help your business, contact ATMMS!

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Technological Advances in the ATM Sales World

The first automatic teller machines were simple devices that did one thing and one thing only: Give out money. These progenitors of modern ATMs operated on specially printed checks which were given to the account holder and only dispensed one denomination of bills. Obviously, these ATMs were not nearly as secure as they could be, and some of the finest minds in the banking and computer sectors dedicated themselves to solving these problems.

One such innovation that is in common use today for everything from ATM machines to secure military facilities is the magnetic stripe card. These cards are printed with a special stripe upon which the user’s information is imprinted. These stripes tell the machine whose card is in use, but also prompt the machine to ask for further information, such as a Personal Identification Number. This helps to keep customer funds safe and secure and ensure that only authorized individuals can access a given account.

Another problem the previous ATMs had was security, both for the funds within and the customers who use them. Robbery at ATM machines became a commonplace crime until the advent of cameras. Additionally, the first ATMs were about as secure as a commercially available household lock-box, making the funds inside easy targets for thieves and safe-crackers. As more secure locks and innovative materials were made available, the banking industry applied these to ATMs, making them more difficult to break into.

The biggest improvement to date, however, is the wireless alarm and camera systems on modern ATMs today. These systems allow a given unit to be monitored from a remote location. Whenever an ATM is moved or opened without proper authorization, these units send an alarm to the bank and to the monitoring company. GPS tracking systems and remote closed-circuit TV cameras also aid in the protection of ATM customers and the prosecution of thieves and robbers who might attempt to steal the ATM or strongarm users.

Today, the array of special features and security options available to customers of ATM sales Las Vegas businesses trust is greater than ever. Your customers can do everything from checking their account balance to redeeming your company’s special bonuses and incentives for loyal users. This makes ATMs more flexible and beneficial to your business than ever before. To find out more about how an ATM can be modified or customized to your unique needs, contact ATMMS for sales, service, and training at a great value!

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