When did the first ATM open?
Quick Answer
The first cash machine went into service on 27 June 1967 at a Barclays bank branch in Enfield, north London, and was created by John Shepherd-Barron.
The Full Story
The worlds first automated teller machine opened to the public on 27 June 1967 at Barclays Bank in Enfield. It was devised by John Shepherd-Barron, who reportedly had the idea after missing bank opening hours. Early machines did not use plastic cards with magnetic stripes; instead customers used special paper vouchers coded with a mildly radioactive substance and entered a personal number. The maximum withdrawal was modest, but the concept of round-the-clock cash access quickly caught on. Within a few years machines using magnetic-stripe cards spread across the world and transformed everyday banking.
Key Facts
YouTube Angle
Suggested video title for this topic:
"The First Cash Machine — Banking After Hours Begins"