When it comes to self-service banking, you should remember that it first started in 1939 when Luther George Simjian invented Bankograph. Of course, it did not work as an automatic teller machine, but it accepted deposits in coins, cash, and checks.
The only bank that had it was the City Bank of New York, but the Great Depression created turmoil, so executives removed it. The main reason for that is that people did not trust robots.
Thirty years afterward, Barclays Bank in London introduced a cash-dispensing automatic teller machine that revolutionized self-service banking. Today, you can find millions of ATMs available worldwide, almost everywhere you can think of.
At the same time, people started trusting machines, so the number of transactions increased significantly. Therefore, they use devices for numerous financial transactions, including deposits, transfers, and withdrawals.
It is vital to learn more about ATM Service in Salem and Eugene, which will help you find the model you wanted in the first place.
The ATM industry is still advancing and evolving, so we will present you with the latest advancements you will get with new models.
Gold Dispensing ATMs
One of the most interesting advancements is that you can find gold-dispensing machines. The first one appeared in Dubai, but today, you can find it in the Middle East and Europe.
These machines can dispense gold bars and coins, which is a perfect option for investors that wish to protect their money value due to high inflation and economic turmoil.
You can also find gold-dispensing machines in Florida nowadays, which come with a specific name such as “Gold to Go.” They come with the ability to check the gold value in real-time and adjust the exchange rate each one and a half minutes or ninety seconds.
Withdrawal Control Button
The recent …