One can easily withdraw money through ATM of any bank. In such a situation, PIN is the only security tool that secures your money. Usually this PIN is of 4 digits, but have you ever wondered why this PIN is only 4 digits.
ATM Pin Interesting Fact: In today’s era of digital transactions everything has become so easy. People can travel anywhere without cash. Even if there is a need for cash, ATM machines are installed everywhere. People simply insert their card, enter the PIN and price and withdraw money.
Your money is safe only because of the PIN
This process of withdrawing money from ATM is quite easy. Anyone can withdraw money from any bank’s ATM. There is a pin to protect it. PIN is the only security tool that secures your money. Usually this PIN is of 4 digits, but have you ever wondered why this PIN is only 4 digits.
Hence the 6 digit pin not kept
Have you ever thought that when the coding system was installed by the ATM machine maker, then why did the PIN keep only 4 digits? Let us tell you that the experts say that earlier this PIN was not being kept for 4 digits but for 6 digits. But when it was put into use, it was realized that people are generally able to remember only 4 digit PIN. People were getting uncomfortable in the 6 digit PIN and due to this the use of ATM started decreasing.
6 digit pin is more secure
However, after this experiment, the PIN of the ATM was reduced to 4 digits. But still the truth is that 6 digit PIN is more secure than 4 digit ATM PIN. It is worth noting that the 4-digit PIN ranges from 0000 to 9999. With this, 10000 different PIN numbers can be kept, in which 20 percent of the PINs can be hacked. Although this is also a difficult task. But 4 digit PIN is slightly less secure than 6 digit PIN. Although even today many countries use only 6 digit ATM PIN.
Special things related to ATM
It is noteworthy that this machine was discovered by a Scottish scientist, whose name was John Adrian Shepherd-Barron. The interesting thing here is that this Scottish scientist Shepherd Baron was born in India itself in the city of Shillong. He made the ATM machine in the year 1969.
