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Barclays Bank in the UK claims to have installed the first cash dispenser

27th June 1967
Barclays Bank in the UK claims to have installed the first cash dispenser

Barclays Bank in the UK claims to have installed the first cash dispenser in the world in June 1967.

This machine operates very different from today’s devices (ATM). There were no magnetic cards; customers are issued with paper vouchers which are inserted into the machine which retains the voucher, and dispenses a single £10 note. Other banks use machines which accepts thin plastic cards; these are returned to the customer through the post after processing so that they can be used again. The dispenser machines are far from reliable.


 

 

 


 

Barclays Bank in the UK claims to have installed the first cash dispenser

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