Property News · June 10, 2017

As we wave goodbye to cash, ATMs have had to get a whole lot smarter


Who needs to withdraw old-fashioned notes when we can pay with the tap of a card? But the ATM is fighting back, with a raft of new technology set to take over where high street branches are leaving offIt’s 50 years this month since actor Reg Varney, best-known for his role in 70s sitcom On the Buses, withdrew £10 on the opening day of the world’s first cash machine at a Barclays branch in Enfield, north London. Since then, more than 70,000 have been installed across the UK, last year dispensing £129bn.But as contactless and mobile payments increasingly become the norm, will ATMs on the high street become a quaint relic of yesterday’s technology? Continue reading…

Source : theguardian.com
Read more…As we wave goodbye to cash, ATMs have had to get a whole lot smarter

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