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, United States (USA) (American Colonies) - 1968 - The ATM is invented (Don Wetzel, United States)
In 1968 the ATM was pioneered in the U.S. by Donald Wetzel, who was a department head at a company called Docutel. Docutel was a subsidiary of Recognition Equipment Inc of Dallas, Texas, which was producing optical scanning equipment and had instructed Docutel to explore automated baggage handling and automated gasoline pumps.
On 2 September 1969, Chemical Bank installed the first ATM in the U.S. at its branch in Rockville Centre, New York. The first ATMs were designed to dispense a fixed amount of cash when a user inserted a specially coded card.
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