14632 How does it work? | ATM
How does it work? | ATM

How does it work? | ATM

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the first ATM Prototype was invented by an American scientist Luther Simpana in 1939. The device gave out cash, but could not deduct them from the account: the device was not associated with the Bank. In 1967 in London was a more perfect ATM. He still didn’t know how to check the availability of money in the client account, and therefore the amount of cash withdrawn was limited to 10 pounds. The ATM was “cardless” and were given cash in exchange for a special voucher (check) which should be obtained from the Bank. For protection against forgery on the checks were slightly radioactive label. How does the modern ATM? This was in today’s issue!

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