WHEN AND HOW ATM’s EMERGED..


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WHEN AND HOW ATM’s EMERGED..





Excerpts:

Inventor of ATM Card and Cash Machine: John Adrian Shepherd-Barron

Year of Invention: 1967

Place: North London

First Bank to Introduce Automated Cash Machine: Barclays Bank

ATM is Automated Teller Machine. John Shepherd-Barron is the inventor of ATM Card. He was the British inventor who led the team who involved in developing the first cash machine. Invented in the year 1967. He came up with the concept of a self-service cash dispenser in 1965 while lying in a bath after getting to his bank too late to withdraw money.





John Shepherd-Barron
 Barclays Bank in its Enfield Town branch in North London, United Kingdom was first put into use the automated cash machine on 27th June 1967. Rag Varney was inaugurator of this machine who was English comedy actor.
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