You are here:

Electronics/ATM Accepting Coins Currency ?.



Assuming that $50, $100 are manufactured as coins then can ATM Machine accept (input) and output to the Customer who wants to withdraw money in the forms of coins ?.

Awaiting your reply,

Thanks & Regards,
Prashant S Akerkar

ANSWER: As a practical matter ATM machines in USA, Europe and other developed countries do not provide machines that accept coins.

In the USA the 50cent coin is still in circulation but the $1.00 coin has pretty much disappeared.

However, there is a movement among some banks to handle coins automatically for the convenience of their customers.  The technology of coin handling is not new and incorporation into an ATM is mostly a software issue - if the market is present among consumers and business accounts.

The above is a recent report on coin based ATMs.

Hope this helps.

---------- FOLLOW-UP ----------


Thank you.

Here the challenging aspect would be segregation of coins value kept in the ATM Machine ?. i.e. Rs 1, Rs 10, Rs 50, Rs 100, Rs 500, Rs 1000, RS 5000 etc in coins similar to paper notes currency.

There could be two drawers within ATM machine one each for paper currency notes and one for coins ?.

If a customer wants to withdraw money from ATM Machine, Then there could be output of notes and coins both, only notes, only coins.

Awaiting your reply,

Thanks & Regards,
Prashant S Akerkar

Are you so sure that coins are necessary?  It seems to me that coins are a small market need for ATM users; rounding off the withdrawal to even number paper money seems adequate - especially in view of the fact that new technology for handling financial transactions will spell the end of the ATM as we now know it.  The smartphone, smartcards, smart kiosks are rapidly replacing the conventional credit card and ATM transactions of today.

In our country, USA, the modern super market and others already have checkout machines that will take and give both printed money and metal coins. They work good, too.  


All Answers

Answers by Expert:

Ask Experts




Electronics questions about AC, DC and digital theory.


Graduate electrical engineer with over 40 years in electronic design, manufacturing, project organization and patent review. Experience in fields of industrial and consumer electronics (audio, video, acoustics, etc.)

IEEE (Institute of Electrical and Electronics Engineers); Senior Life member AES (Audio Engineering Society), Fellow Life member

BSEE University of North Dakota

©2016 All rights reserved.