25th November 2019

quora
16

Which bank first introduced ATM in the world?

The ATMs installed were from Diebold. HSBC -- the Hongkong and Shanghai Banking Corporation -- was the first bank to introduce the ATM concept in India way back in 1987. Now, most of the banks have their ATM outlets in India.

Moreover, where was the ATM machine invented?

While taking a soak, inventor John Shepherd-Barron devised what is hailed as the world's first automatic teller machine, although his claim to the title is a matter of dispute. He pitched the device to the British bank Barclays. It accepted immediately, and the first model was built and installed in London in 1967.

Who made the first ATM?

John Shepherd-Barron
Donald Wetzel

When did ATMs become popular in the US?

From its humble and uncertain beginning nearly 50 years ago, the ATM has become pervasive. But it wasn't until the 1980s, more than 15 years after the machine's invention, that the ATM's success was assured.
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