14
ARGO U
SER
M
ANUAL
ATM transaction processing.
The ATM sends the customer transaction request to a processor. A processor is a
fi
nancial intermediary, such
as an Independent Sales Organization (ISO), bank, or other
fi
nancial institution that provides transaction-
processing services for ATMs. The ATM must be set up with a particular processor before customer transactions
can take place.
The processor routes the transaction to the appropriate ATM network. An ATM network is a regionally or
nationally organized clearing house for
fi
nancial transactions, that deals directly with the appropriate
fi
nancial
institution, such as the customer’s bank or credit card company, in order to complete the transaction. The
processor will select the appropriate ATM network to use based on factors such as the type of ATM or credit
card used, location of the customer’s bank, or other considerations. The transaction may be transferred between
several networks before ultimately reaching the customer’s bank or credit card company.
The ATM network routes the transaction to the appropriate bank or other institution, con
fi
rms successful
completion of the transaction, and sends a con
fi
rmation message back to the processor. If the request was for
a cash withdrawal, an Electronic Funds Transfer (EFT) takes place to debit the funds (including any surcharge
fee, if applicable) from the customer’s bank account and credit the funds to the processor’s bank account.
The processor forwards a con
fi
rmation message to the ATM (and an authorization to dispense currency, in the
case of a cash withdrawal). The ATM dispenses the requested currency, if necessary, and provides the customer
with a printed receipt as a record of the transaction.
The processor credits the merchant’s account for the amount of any cash withdrawals (plus surcharge fees, if
collected), typically by the end of the next business day.
Summary of Contents for ARGO RL1713
Page 5: ...SECTION 1 INTRODUCTION ...
Page 11: ...SECTION 2 BASIC OPERATION ...
Page 20: ...16 ARGO USER MANUAL 7 ARGO with printer and topper ...
Page 21: ...SCDU HCDU MiniMech SDD NMD50 SECTION 3 CASSETTE CLOSE CASH REPLENISHMENT ...
Page 33: ...ARGO USER MANUAL 29 12 1 ARGO Deep cabinet ...
Page 34: ...12 1 ARGO with topper SECTION 4 GENERAL MAINTENANCE ...
Page 40: ...12 1 ARGO with printer No topper SECTION 5 SETUP BASICS ...
Page 54: ... 33 1 62 7 5 16 5 0 17 203 1 0 66 21 67 7 0 176 ...
Page 58: ... 33 1 55 17 6 59 67 7 0 17 ...
Page 65: ... 33 1 7 6 3 17 17 21 7 1 ...
Page 66: ... 33 1 7521 2 6 1 77 5 675 7 2 7 6 1 2 7 ...
Page 72: ... 33 1 0 1 2 6 ...
Page 74: ...SUPPLEMENT A T5 AND T7 PCI EPP BATTERY REPLACEMENT PROCEDURES SA 1 ...
Page 77: ...SA 4 THIS PAGE INTENTIONALLY LEFT BLANK ...
Page 78: ...SUPPLEMENT B KEY MANAGEMENT PROCEDURES T5 PCI EPP T7 PCI EPP ...