india employmentnews

ATM: After withdrawing cash from ATM, pressing the cancel button does not lead to PIN theft? What is the complete truth..

 | 
Social media

Today, you can withdraw cash whenever you want through an ATM (Automatic Teller Machine). Today, withdrawals can be made not only through an ATM card but also through a credit card and UPI. Often, we press the Cancel button after withdrawing cash from the ATM. So that the information recorded in the ATM is deleted. Now the question is whether the transaction is cancelled by doing this or not.

What is the benefit of this?

If we believe the media report, the PIN that you enter while making a transaction at the ATM. It is automatically deleted from the system after a cash withdrawal. Then, whether you press the Cancel button or not.

It is also said that the ATM has an encryption system. This means that the PIN entered by you, converted into a code, reaches the bank server, and then it is deleted from the system as soon as the transaction is completed.

What is the Cancel button for?

The Cancel button in the ATM is used when you enter the wrong information and you want to end or cancel the transaction in between. Now, let's know what things should be kept in mind while using an ATM.

Be careful while using an ATM

While entering the PIN in the ATM, hide it with your hand.

Do not ask for help from a stranger to make a transaction.

Before using the ATM, check whether any kind of chip is installed anywhere.


Disclaimer: This content has been sourced and edited from Dainik Jagran. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.