March 18, 2020

Biometric ATM

What is Biometric ATM? The ATMs which have been design to reduce the possibilities of fraud which are on the rise because of loss of cards and PINs.  By using stolen cards and PINs, cash can be easily withdrawn from ATMs but in  Biometric ATM it is not possible as the PIN for Biometric ATMs is the fingerprints of the card holder or his retina scan. These ATMs cannot be duplicated and hence prevent theft.                              

Why it is not easily available everywhere? Due to higher cost, Biometric ATMs are less used, through they are well suited to the requirements of the rural people.

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