Milestones in 50 cash machine history: from ATM to VTM

Although newly developed 50 years ago, ATM is a device that contributes to changing the way people use, store and pay cash, providing a convenient, quick and popular way of distributing money. ever.

Through years of development, ATM has gradually evolved along with the technology world to provide more convenience for users with smart features.

Most recently, the VTM (Video Teller Machine) machine , not only withdraws money, but also allows users to make transactions such as making deposits, opening savings accounts, opening cards, etc. by interacting via video calling. No need to go to the bank counter.

Picture 1 of Milestones in 50 cash machine history: from ATM to VTM
ATM was born on June 27, 1967 in London, England.

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The father of this ATM system is John Shepherd-Barron.

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Vietcombank is the first bank to offer domestic ATM cards.

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Agribank is the first bank to charge in-network ATM transaction fees.

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City Bank is the first bank in Vietnam to pilot a new generation automated bank VTM.