onsite and offsite atms.docx

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Onsite and offsite ATMs There has been an increase in the number of ATM that is being set up in India. These have been set up at different places across the country, making it more convenient for people to access ATMs for their banking needs. There are different ways in which the ATM machines can be used. Onsite ATMs These are ATM machines that are set up in the premises where there is a bank branch so that both the physical branch and the ATM can be used. This is known as being on site and this can be used for several purposes. Many people can use this to avoid the lines that are present in the branch and hence save on the time required to complete their transactions. Offsite ATMs These are the machines that are set up on a standalone basis. This means that the bank has a place where there is only an ATM machine then this becomes an off site ATM. This is done to ensure that the bank reaches out to more geographical areas and that people are able to use its services even when there is no bank branch in the area. The following benefits accrue to Partner Bank as a result of outsourcing the deployment and maintenance of ATMs to WPL: Increases brand visibility and awareness Minimizes ATM-related capital expenditures Provides current and advance technology Provides flexibility to banks to focus more on core revenue generating activities Eliminates staffing problems Reduces costly, time consuming and labor intensive processes Reduces overheads Eliminates investment in fixed infrastructure

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Page 1: Onsite and offsite ATMs.docx

Onsite and offsite ATMs

There has been an increase in the number of ATM that is being set up in India. These have been set up at different places across the country, making it more convenient for people to access ATMs for their banking needs. There are different ways in which the ATM machines can be used.

Onsite ATMs

These are ATM machines that are set up in the premises where there is a bank branch so that both the physical branch and the ATM can be used. This is known as being on site and this can be used for several purposes. Many people can use this to avoid the lines that are present in the branch and hence save on the time required to complete their transactions.

Offsite ATMs

These are the machines that are set up on a standalone basis. This means that the bank has a place where there is only an ATM machine then this becomes an off site ATM. This is done to ensure that the bank reaches out to more geographical areas and that people are able to use its services even when there is no bank branch in the area.

   

The following benefits accrue to Partner Bank as a result of outsourcing the deployment and maintenance of ATMs to WPL:

Increases brand visibility and awareness Minimizes ATM-related capital expenditures Provides current and advance technology Provides flexibility to banks to focus more on core revenue generating activities Eliminates staffing problems Reduces costly, time consuming and labor intensive processes Reduces overheads Eliminates investment in fixed infrastructure Gives control over operating costs Helps remain in competitive market Provides value-added services Improves customer satisfaction Enhances performance due to dedicated ATM monitoring staff

Page 2: Onsite and offsite ATMs.docx

Stand alone ATM

. Latest Model Lobby Style ATM

Our ATM is a high functionality ATM giving Australian businesses affordable access to direct marketing promotions such as on-screen advertising, that can impact business profitability.

We work with you to develop or customize applications to suit specific needs and locations.They can also be programmed to better manage your service offering and help protect your patronage. For example:•    Customize direct charge options, eg. variable transaction fees during happy hours or at weekends, or card rate differentiation

•    Engage customers with new direct marketing promotions such as couponing or on-screen advertising with voice prompts

•    Enforce 24-hour withdrawal limits using iRep, our Responsible Entertainment Pack, to manage withdrawal frequencies and amounts as legislated for the gaming industry.More than a new generation of ATMs…

Our ATM’s represents an innovative ATM solution for Australian business owners & managers.

Networked ATM

ATM differs from more common data link technologies like Ethernet in several ways. For

example, ATM utilizes no routing. Hardware devices known as ATM switches establish

point-to-point connections between endpoints and data flows directly from source to

Page 3: Onsite and offsite ATMs.docx

destination. Additionally, instead of using variable-length packets as Ethernet does, ATM

utilizes fixed-sized cells. ATM cells are 53 bytes in length, that includes 48 bytes of data

and five (5) bytes of header information.

The performance of ATM is often expressed in the form of OC (Optical Carrier) levels,

written as "OC-xxx." Performance levels as high as 10 Gbps (OC-192) are technically

feasible with ATM. More common performance levels for ATM are 155 Mbps (OC-3) and

622 Mbps (OC-12).

You're short on cash, so you walk over to the automated teller machine (ATM), insert your card into the card reader, respond to the prompts on the screen, and within a minute you walk away with your money and a receipt. These machines can now be found at most supermarkets, convenience stores and travel centers. Have you ever wondered about the process that makes your bank funds available to you at an ATM on the other side of the country?