Earliest Cash Machine

Earliest Money Machine

The earliest money machine was invented for a North London branch of Barclays in 1967. At the point, the artificial cards with a fascinating strip were not yet invented, so the money machine used an article test which was saturated with Radio Carbon 14, kindly radioactive materials. The mechanism could interpret the information’s and an Individual Identification Number prohibited people from attaching in their own checks and withdrawing money from the bank account. The greatest amount of money that could be rewarded out was £10. The architect of this money machine was John Shepherd-Barron who came up with an idea in the bathtub.

In the present there are now approximately more than 1.6 million money machines globally and they can be found on each continent, as well as Antarctica.

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