Today we do not have to stand in long queues for cash. Through ATM (Automatic Teller Machine) you can easily withdraw money anytime in 24 hours. Often we press the Cancel button after withdrawing cash from the ATM so that the entered PIN code and information is completely deleted, but does this really happen?
New Delhi. Today you can withdraw cash whenever you want through ATM (Automatic Teller Machine). Today withdrawals can be made not only through ATM card but also through credit card and UPI. Often we press the Cancel button after withdrawing cash from ATM. So that the information recorded in the ATM machine is deleted. Now the question is whether the transaction is cancelled by doing this or not.
What is the benefit of this?
If media reports are to be believed, the PIN that you enter while making a transaction in the ATM machine. It is automatically removed from the system after cash withdrawal. Then whether you press the Cancel button or not.
It is also said that ATM machines have an encryption system. This means that the PIN entered by you is converted into a code and reaches the bank server, then it is removed from the system as soon as the transaction is completed.
What is the Cancel Button for?
The Cancel Button present in the ATM machine is used when you enter the wrong information and you want to end or delete the transaction in between. Now let us know what things should be kept in mind while using an ATM machine.
Keep in mind while using an ATM machine
While entering the PIN in the ATM machine, hide it with your hand.
Do not ask for help from a stranger to make a transaction.
Before using the ATM machine, check whether any kind of chip is installed anywhere.
The post ATM Withdraw: After withdrawing cash from ATM, pressing the cancel button does not lead to PIN theft? What is the complete truth first appeared on informalnewz.
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