Five decades after it heralded a transformation in the way people obtained & used cash, the site of the worlds first cash machine was turned to gold to celebrate its 50th anniversary in June.
Since that very first launch there are now around 70,000 cash machines across the UK & 176 million cards in the UK that can be used to withdraw cash at them.
Where would we be without them? Cash still remains a crucial part of our day-to-day lives – whether its to pay for groceries or doing the office coffee run in the mornings as we do here!
Zouch have had the pleasure over the last 6 years of working alongside NCR, who are one of the global leaders of ATMs and consumer transaction technology. Zouch manufacture and supply technical and precise components that are used within the NCR Corporation. Here we undertake strict manufacturing protocol which result in a precise performance part that excels in such a demanding application used continuously 24 hours a day, 7days a week and 364 days a year!
NCR aim to make the ATM a “bank branch in a box” saying that their research showed that 80% of the transactions completed within a typical banking branch could be completed through a video teller at an ATM in future.
Here’s to the next 50 years!