ATM and POS are not the same thing; they are two different devices with different uses and functions, although both are related to bank card transactions.

Below are their main differences:

ATM is the abbreviation for Automatic Teller Machine and is mostly used for cash withdrawals.

- Function: ATMs are mainly used to provide self-service banking services, such as withdrawal, account balance inquiry, transfer, deposit, payment on behalf of others.

- User: Directly aimed at cardholders, i.e. consumers for their own use.

- Location: Usually located in bank branches, shopping centres or other public places.
- Connection: Directly connected to the bank’s system to process all transactions related to the account.

POS is the abbreviation for Point Of Sale.

- Function: POS are mainly used by merchants to complete transactions for goods or services at the point of sale, provide data services and management, and support payment by credit or debit cards.

- User: Primarily used by merchants to accept electronic payments from consumers.
- Location: Located in retail stores, restaurants, or other commercial locations, usually as a fixed transaction point for merchants.

- Connection: Connected to banks and payment networks through a payment acquirer to process consumer payment transactions.

In general, ATMs are more used as a self-service terminal for banks, while POS machines are used as tools for merchants to collect money. Through these differences, it can be seen that although both ATM and POS machines involve the use of bank cards, their design purposes, use scenarios and modes of operation are significantly different.

TouchDisplays provides you with different sizes of customizable POS terminals for your superstore, retail, hospitality and other industries.

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As a producer with extensive industry experience, TouchDisplays develops comprehensive intelligent touch solutions. Established in 2009, TouchDisplays expands its worldwide business in manufacturing POS Terminals, Interactive Digital Signage, Touch Monitor, and Interactive Electronic Whiteboard.

With the professional R&D team, the company is devoted to offering and improving the satisfying ODM and OEM solutions, providing first-class brand and product customization services.

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