When was the first ATM used?



  1. 0 Votes

    The first ATM was used in 1977 in England. The first person to make a withdrawal was Reg Varney. 

  2. 0 Votes

    Don Wetzel was standing in a bank line in 1968 when he had the idea for the ATM. One year later a prototype was developed at a cost of $5 million and installed in New York’s Chemical Bank at 10 N. Village Avenue. The ATM was limited to credit card holders only, but the kinks were worked out by 1971. There were similar prototypes in 1968 in London and even one as far back to 1939, however it never took off because of a lack of demand. There is more detailed information on the link below. 

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