Have you heard the Rumor of the ATM Panic Code?

If you use social media like Facebook, or Twitter, you have probably heard the that by entering your ATM Pin number backwards it will send out an ATM Panic Code or distress signal, contact the authorities, or even lock your account if you are being held up at the ATM. For example if your Pin is 1234, you would enter 4321 and the ATM Panic Code would notify the police that you are being held up.

Although the ATM Panic Code may sound like it is a plausible- it is simply false

For starters- you choose your own PIN number. It can be all the same numbers, like 1111. It can be the same backwards as forwards, like 1221 or 3443. Another reason why the ATM Panic Code is a myth is what if your number is complicated. Like 7286. If you are being held up at an ATM, what are the chances that under pressure you will think fast enough to put this in backwards. Probably slim to none.  An even more simple explanation of why the ATM Panic Code is a myth is ATMs are not linked to the authorities. Although there are ATM Alarms, and ATM GPS tracking- these devices are designed to notify the police if the ATM is being stolen. Just like a home alarm system.  ATMs transactions transmit via credit card processing networks. These networks are in turn linked to banks, and accounts. Nothing else. The fact is, by entering your PIN backwards you will simply get the response….incorrect PIN. Don’t believe us? TRY IT YOURSELF AT ANY ATM.

Who is Best Products?

Best Products is a New York ATM company with over 17 years experience selling, servicing and processing ATM transactions. We currently process thousands of ATMs across the United States.  If you or someone you know is looking to get an ATM for his or her business, give us a call today at 877-663-6128.

ATM Panic CodeShould you get held up at an ATM here are some safety tips:

  1. Be aware of your surroundings. If the ATM looks suspicious, don’t use it
  2. Do not count your cash in public
  3. Try to avoid poorly lit ATMs on the street if possible
  4. If you are held up- comply with the robber’s demands

 

 

STAY IN THE LOOP

Subscribe to our free newsletter.

Don’t have an account yet? Get started with a 12-day free trial

Related Posts

  • In the dynamic landscape of modern banking, financial institutions are continually seeking innovative solutions to enhance their operational efficiency and elevate the overall customer experience. One such transformative technology making waves in the banking sector is the Teller Cash Recycler (TCR). By automating and streamlining cash handling processes, cash recyclers bring a myriad of advantages

  • ATMs, or Automated Teller Machines, have become an indispensable part of our daily lives. They provide convenient access to cash, allowing us to withdraw money, check balances, and even perform various banking transactions 24/7. But have you ever wondered about the intricate process that happens behind the scenes when you insert your card and request

  • Looking for a Small ATM? Traveling to Montauk? Check out the iconic “Clam Bar” on the North Side of Montauk Highway, between Amagansett and Montauk. While you are eating a delicious lobster roll, also check out their new small ATM.  Best Products recently installed a new Hyosung 4000W ATM. This is the most compact unit available. This small

  • Uniondale, NY- Flushing Savings Bank implements branch transformation technology in their new headquarters at RexCorp Plaza. The bank installed two Hyosung MX8800 units in the 24 hour lobby of their RexCorp Plaza branch. “We are excited to be one of the first community banks in the New York area to be introducing this new technology,”