Economics and Business


When were ATMs introduced?

The ubiquitous automatic teller machine (ATM) was introduced in 1967 by Britain’s Barclays Bank at a branch near London. Two years later, the Chemical Bank opened the first ATM in the United States, at Rockville Centre, New York. Self-service banking grew steadily in the 1980s and took off in the 1990s, when some banks began charging their customers for banking through tellers rather than ATMs.


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