There is provided a method of dispensing telephone cards (10) from automatic teller machines (ATM) and card constructions (figure 5) used therewith. Telephone time is apportioned to a number of sheetlets (10) printed with random numbers which serve as a personal identification number (PIN). They are packaged in bricks and activated when installed in an ATM or when dispensed. The sheetlets (10) are capable of being dispensed like currency and may contain the PIN on a removable zone (18).