HISTORY OF ATM
Author: SENTHIL KUMAR
ATM Industry History
The history of the ATM often is open for debate, since the cash dispenser's development occurred long before the machine was put into use. That written, most historians agree that Barclay's in the London was the first to deploy an ATM in 1967. It wasn't until the mid to late 1980s that ATMs gained wide acceptance.
After MasterCard and Visa lifted their surcharge ban in 1996, the off-premises market in the United States exploded. The United States now has the largest ATM market, with somewhere between 420,000 and 450,000 ATMs, in the world. Today, worldwide ATM deployment is estimated to be 1.5 million.
This research center is dedicated to ATM industry history
