News

ATM celebrates 50th birthday

 27th June, 2017
Category:

The automated teller machine (ATM) marked its 50th anniversary, with a British bank decorating the site of the world's first cashpoint in gold to mark the occasion. The first ATM was unveiled by Barclays at their Enfield branch in north London on 27 June, 1967. The Barclays cashpoint in Enfield has been given a gold makeover, and a roped-off red carpet approach to celebrate the anniversary.

The original cash machine was the brainchild of John Shepherd-Barron, who was commissioned by the bank to create six cash dispensers. There are now an estimated three million plus cash machines on the planet. The world's most southerly ATM is at the McMurdo Station research base on Antarctica, while the highest is at 4,693 metres in Pakistan's Khunjerab Pass near the Chinese border.


Read More: