ATM card

They will report the amount of the withdrawal and any fees charged by the machine on the receipt.

The use of the ATM card for in store purchases or refunds is allowed only with pre-approved retailers, but not for on-line transactions.

For other types of transactions through telephone or online banking, this may be performed with an ATM card without in-person authentication.

Canada's Interac and Mastercard's Maestro are examples of networks that link bank accounts with point-of-sale equipment.

Due to increased illegal copies of cards with a magnetic stripe, the European Payments Council established a Card Fraud Prevention Task Force in 2003 that spawned a commitment to migrate all ATMs and POS applications to use a chip-and-PIN solution by the end of 2010.

[9][10][11][12] In November 2023, the total value of transactions via ATM reached over 1,300 trillion VND, an increase of 16.3% compared to the same period in 2022.

MAC (Money Access Card) ATM Card
A card belongs to an account which belongs to a customer