important parts of atm card
Answers
Answer:
Explanation:
PIN number is the key for the lock .
The lock is of no use without the key and in the same manner, the key is of no use without the lock.
In fact debit card (ATM card) is the medium through which the customer establishes his contact with the bank (bank server)
However, such medium can be handled by anybody including a bearer of the card.
As such there is a security mechanism in the form of PIN number and such number is only known to the accountholder (till such time he discloses to others)
Answer:
Explanation:
PIN number is the key for the lock .
The lock is of no use without the key and in the same manner, the key is of no use without the lock.
In fact debit card (ATM card) is the medium through which the customer establishes his contact with the bank (bank server)
However, such medium can be handled by anybody including a bearer of the card.
As such there is a security mechanism in the form of PIN number and such number is only known to the accountholder (till such time he discloses to others)