⏰ when

When did the first ATM open?

HistoryTechnology

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

1.The first ATM opened on 27 June 1967 in Enfield, London.
2.Early machines used special paper vouchers rather than plastic cards.
3.The personal identification number idea grew from these early systems.

YouTube Angle

Suggested video title for this topic:

"The First Cash Machine — Banking After Hours Begins"