On this day in History | Today in History | Historical events

Click for Special Gk Quiz Free Mock Test in English Free Mock Test in Hindi Monthly Today History
Facebook Twitter google+ Pinterest

2 September 1969, the day when the first ATM was launched

2 September 1969, the day when the first ATM was launched

Today, the date that revolutionized the financial and banking sector, that is, on this day, 2 September 1969, ATM was presented to the world for the first time. The Automated Teller Machine (ATM) was first introduced to the general public in New York, the financial capital of the United States. ATM Machine was first established by Chemical Bank in New York. The bank had advertised this before launching this machine, 'Our bank will open from 9:00 am on September 2 and will never close'.

Preparation Of ATM Machine

  • Many people tried to make an ATM machine but only Don Wetzel got success. Initially, only the cash was released from this machine.
  • While unveiling this machine in the world, it was clear that banks would no longer have to install  Ques to withdraw money.
  • In the US, the modernity of ATM machines has increased so much that facilities like withdrawing, depositing and transferring money exist.
  • A financial survey conducted in 2015 revealed that there are more than 3 million.
  • It means more than 3 million ATMs worldwide and now an ATM is being installed every five minutes.
  • And 8.6 billion rupees are withdrawn from these ATMs every year.
  • ATMs in India were started in the year 1987 by Hong Kong and Shanghai Banking Corporation (HSBC).

Related Question:-

Q.1 When was the world's first ATM launched?
A. 15 January 1960
B. 22 April 1954
C. 2 September 1969
D. 30 June 1966
Ans: 2 September 1969
Q.2 When was the first ATM launched in India?
A. 1978
B. 1987
C. 1990
D. 2002
Ans: 1987

Examlover website provides Today in History & Historical events about what happened on this day with daily updates for better preparation of all India government exams, Like SSC CGL, SSC CHSL, SSC Clerk, SSC MTS exam, UPSC exams, CDS exams, all online and offline exams, Banking exams, PO exams, Clerk exams, Railway exams. You can broad up your knowledge through this website which is full of study materials. Today in History or On This Day in history updating day to day date wise. Here we provide today in history information about national and international important days.

Today in History preparation for govt. exams, so you can visit here for Today in History GK, Today History GK, On this day gk, Daily history Quiz, Daily history GK and Today in History Quiz etc. You can also find here all the study material and learning data for One Day Exams, Online Exams and also Offline Exams preparation. All types Today in History category here and uncategorized Today in History updates by us day to day related Birthday, Death Anniversary, Important Days, Movements, Wars, Researches and Discoveries etc.