Instant cash (1960s)

1967: The very first ATM in the world was established in Enfield, London. This report from 1997, on its 30th anniversary, charts the development of the humble bank machine.

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💵 The death of cash transactions around the world.

In 1969, the idea of getting money from a machine in the wall was a new and exciting concept.  Date of broadcast: 1 Jan 1969.

How an cash machine ATM works

Why does he have instant potatoes and instant coffee in his lapel? 🤣🤣

🇺🇸The first credit card is often considered to be the Diners Club Card, introduced in 1950 by Frank McNamara and Alfred Bloomingdale. However, there were earlier forms of credit cards used primarily for business expenses. The Diners Club Card was a significant development because it was the first widely accepted credit card for personal use. It allowed cardholders to make purchases at a variety of merchants and pay a single monthly bill.

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