Withdrawal symptoms: 50 years of the cashpoint

The ATM (Automated Teller Machine) is 50 years old today and, to celebrate, here are twelve things you (probably) didn't know about the hole in the wall.

:: The first ATM was unveiled at a branch of Barclays (LSE: BARC.L - news) in Enfield in north London on 27 June 1967.

:: Actor Reg Varney, star of TV sitcom On The Buses, was the first person to use the new machine.

:: As of 2015 there were 70,270 cash points in the UK, more than 52,000 of which were free to use.

:: Since the 1980s most of these have been connected to the Link network, giving us access to cash nationwide.

:: Currently there are around 176.4m UK held debit and credit cards which can be used in cash points.

:: 48 million of us use cash machines and 89% use them at least once a month.

:: In 2015 the amount of average withdrawal was £69.

:: In 2016 approximately £179.78bn was withdrawn from ATM's in the UK.

:: On average each cash machine dispensed £7,576 per day in 2015 - and that figure is on an upward trend.

:: The daily record for cash withdrawals was £730m, which was set on 23 December 2016.

:: 46% of cash machines are in supermarkets, shops and shopping centres, 27% are in banks and 4% in Post Offices.

:: Cash machines have had a good 50 years, but they may not have another 50 left. Debit cards are expected to surpass cash as the most popular form of payment as soon as 2018.