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Happy 50th Birthday to the ATM

By June 27, 2017May 25th, 2022No Comments1 min read

It has been 50 years since the first ATM installation. This infographic looks at how history has shaped this cornerstone of the payments industry and what the future may hold.

From humble beginnings

Prior to the invention of the ATM, an experimental bankograph was used by New York’s First National City Bank in a couple of its branches. This allowed customers to pay utility bills and receive a receipt, but was removed due to lack of customer acceptance.

Click on the link below to see more interesting information about the history of the ATM.