Why ATM will not go extinct in India any time soon (AP Hota for The economic Times)

in bitcoin •  8 years ago 

Fifty years back, the first automated teller machine (ATM) was installed by Barclays Bank in London. At that time, it was a much talked-about invention by John Shepherd-Barron (1925-2010).

Dispensing cash to customers without the deployment of teller or cashier was a service engineering of unique nature. Since then, banks all over the world have been installing ATMs to supplement brick-and-mortar branches. At airports in many countries, one can withdraw various currencies. An industry has develo ..

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http://economictimes.indiatimes.com/articleshow/59403164.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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