Itqualityassurance
The bank (and the machine) reserves the right not to give you the card back. For example, if it's known to be stolen or you type the PIN in wrong 3 times. So by taking the card in, this puts the ATM in control of that.
- Why ATM shows please take your card?
- What happens if you don't take your card from ATM?
- What happens when card is inserted in ATM?
- Why do people take forever at ATMS?
Why ATM shows please take your card?
It could mean that, the ATM system is penetrated in order to avail your card details such as 12-digit card number, CVV, expiry date, etc. Sadly, there are also chip involved in a card which has details of your bank account.
What happens if you don't take your card from ATM?
That's because most cash machines destroy cards once they have swallowed them to prevent fraud. To give you peace of mind, some mobile banking apps will let you freeze the card there and then, so you don't need to worry about someone using it once you leave.
What happens when card is inserted in ATM?
He/she will be required to insert the ATM card & provide the PIN or temporary PIN details and proceed as per the instructions. Some of the banks automatically activate the card as soon as the account holder enters the PIN.
Why do people take forever at ATMS?
One of the obvious reasons people take too long at the ATM is that they need more money than what is allowed during a single withdrawal. Most banks have a limit on how much money account holders can withdraw per transaction and per day.
