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Automated teller machine - Wikipedia, the free encyclopedia (4319 words) |
 | Many ATMs also allow people to deposit cash or cheques, transfer money between their bank accounts, top up their mobile phones' pre-paid accounts or even buy postage stamps. |
| A mechanical cash dispenser, arguably an ATM, was developed and built by Luther George Simjian and installed 1939 in New York by the City Bank of New York, but removed after 6 months due to the lack of customer acceptance. |
| Although ATMs were originally developed as cash dispensers, they have evolved to include many other bank-related functions. |
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