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1967 CE The sixties & seventies Technology

The First ATM Is Installed

The first ATM was installed on June 27, 1967.

Setting the scene

Banks wanted to extend service beyond branch hours, and inventor John Shepherd-Barron conceived a machine that could dispense cash using a coded token instead of a teller.

What happened

The first ATM was installed on June 27, 1967, at a Barclays branch in Enfield, London; customers used paper vouchers before magnetic stripe cards became standard.

Why it still matters

Cash machines spread worldwide and redefined banking around twenty-four-hour access and later digital transfers. Memorable detail: Shepherd-Barron said the idea came to him in the bath when he missed his bank's Saturday closing time.

Background

John Shepherd-Barron's idea spread worldwide.

Sources

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