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ATM

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    ATM's history
  •   Study   Slideshow
  • What does ATM stand for?
    Automated Teller Machine
    Automated Telling Machine
    Automatic Telling Machine
    Automatic Teller Machine
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  • What year was the first ATM opened?
    1977
    1987
    1967
    1997
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  • Where was the first ATM opened?
    Paris
    Lisbon
    London
    New York
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  • What inspired John Shepherd-Barron to come up with the idea for the ATM?
    A cigarattes vending machine
    A chocolate bar vending machine
    An automated ticket dispenser at a train station
    A public payphone coin slot
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  • Why did banks need an automated cash machine solution in the 1960s?
    Because banks were closed on weekends
    Because paper banknotes were being replaced by digital coins
    Because banks were only open until 3:30 p.m.
    Because banks would take a big interest for each transaction
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  • Why do we use a four-digit PIN today instead of a six-figure number?
    That was about the year of each person's birth
    The bank's computer system could not process six figures
    Shepherd-Barron's wife could only remember four digits
    A four-digit number was safer against bank frauds
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  • How much money did the first cashpoint allow customers to take out at a time?
    any amount up to £20
    any amount up to £10
    any amount people wanted
    £10 exactly
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  • What is one of the modern things new ATMs DON'T allow users to do?
    Print a bank statement
    Top up your phone
    Print digital photos
    Exchange foreign currencies instantly
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