The first ATM required a check to get cash

Technology
The first ATM required a check to get cash

Surprisingly, the first ATM in 1967 demanded users insert a special check-like voucher to access cash, a quirky start to modern banking convenience.

Imagine needing a check to get cash from an ATM! The world's first automated teller machine, unveiled in London in 1967, truly required users to insert a special paper voucher, essentially a pre-printed check, to withdraw money. Invented by John Shepherd-Barron, this pioneering device dispensed up to £10 using a four-digit PIN, a concept inspired by World War II code memorization.

There's more to this story — open the app to keep reading.

Continue Reading in App
1 more paragraphs · plus a 3-question quiz
Open in App

Get the full experience

Download Facts A Day