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Where are ATMs now?

In the 1990s, another ATM market had opened up: Independent automated teller deployers (IADs, to use the lingo) were installing ATMs unaffiliated with specific banks in ever more convenient locations, from corner shops to cruise ships. Now, ATMs are pretty much everywhere (Wells Fargo Bank even operates two at McMurdo Station in Antarctica).

How does MasterCard ATM locator work?

Mastercard ATM Locator guides you to the nearest ATM location with just a click. Find ATMs from across the world quickly, easily & securely.

How do ATMs work?

ATMs require you to use a plastic card—either a bank debit card or a credit card—to complete a transaction. Your identity is authenticated by a PIN before any transaction can be made. Many cards come with a chip, which transmits data from the card to the machine.

When was the first Wetzel ATM invented?

In September 1969, a Chemical Bank branch on Long Island installed the first of Wetzel’s machines. By 1970, dozens of U.S. banks had jumped on the ATM bandwagon. To introduce this new machine to consumers, banks used all kinds of advertising tricks.

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