How did Dikran Masis, the first person to bring ATMs and money counting machines to Turkey, become so successful?
December 23, 2023
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A lot these days money counting machine actively used in the company or bank, It officially ranks first among the products that make our lives easier. Otherwise, we
A lot these days money counting machine actively used in the company or bank, It officially ranks first among the products that make our lives easier. Otherwise, we might still be living day after day in the gold counting scene of Kemal Sunal’s famous film Köyden İndim Şehire.
Both ATM and money counting machine The name of the person who brought it to our country is not well known, but he is actually a very important person.
Banks, created after the invention of money, have always been important throughout human history. Another innovation would take this radical change to another level.
It was clear that many people, who wanted to minimize waiting times for banking transactions, were tired of having to adhere to bank operating hours and wait in long lines. Although the first steps to solve this problem were taken in the late 1930s, it did not attract enough attention and was decommissioned within a short time. To actually invent a commonly used ATM, We had to wait until the 1960s.
Aimed at making banking transactions easier British engineer John Shepherd Barron Since people could even buy chocolate from automatic machines, he wondered why they couldn’t withdraw money. He implemented this idea in 1967 and designed an ATM, and this device was used in the town of Enfield, England.
The Shepherd-Barron ATM, unlike the current one, only had the ability to withdraw cash and no modern plastic debit cards. markedspecial checks was used.
Although John Shepherd Barron is credited with inventing the ATM, some sources claim that James Goodfellow invented the world’s first ATM a year before Barron.
Cards were used at Goodfellow’s ATM, as they still are today. However, because Barron’s ATM was introduced later than Goodfellow’s, Goodfellow is today widely regarded as the inventor of the ATM. Don’t even think about applying for a patent Shepherd Barronstated in an interview that he was not granted a patent because he did not know how the system worked.
The first ATM in our country Dikran Masis It was put into service after being imported by İş Bankası on December 25, 1987.
Before we go into the details about Dikran Masis, it is useful to mention the invention of the money counting machine that he brought to Turkey.
in the twenties, Money counting machine appears in the US. The goal was to minimize, or even eliminate, the risk of errors at the US central bank.
During those periods it stopped when the desired amount was reached. While the bundles are separated from each other with a wooden stick Nowadays, this process is carried out many times in digital form in a very simple way. Digital copies are also produced in 1962.
It spread quickly without taking much time.
Machines that are computer-based and much more advanced than before It was produced in 1981. This money counting machine, which has become the apple of the eye of the financial sector, manages to be the best on the market with its function of counting countless banknotes per hour. The ability to detect even counterfeit and damaged items was one of the features that marked the period.
Unfortunately, with the world in this state, we can’t get to know this invention so early.
When the digital one comes out, that is It was only used again in our country in the 1980s.started money counting machine. How did Dikran Masis manage to become a pioneer in this machine, like in ATM?
Dikran Masis, who is known for the many innovations he brought to Turkey, is the person who brought the money counting machine to our country.
Dikran Masis, born in 1964, is a businessman of Armenian descent. It can also be said that the two main machines that Masis, known as a famous auctioneer, brought to Turkey were ATMs and money counting machines.
His commercial insight is also reflected in the scoops he brought to our country. Masis, who knows how to evaluate the money he has, tells in many of his interviews how he made such smart moves. He gave the last money he had to such companies. and he says he never regrets it.
So how did he do this?
He tells the story of what he experienced before bringing the money counting machine to the country and what led him to this initiative. Dikran Masis, He starts by telling how he witnessed the difficulties in the banks. One day he went to an employee of the Ziraat Bank, who could not count the pile of papers with old and torn money. “Doesn’t this have a machine?” When he asked the question, he received the answer that there was such an invention, but no torn coins were put into it and he was not sufficiently developed to count them.
On this He told his sister in America to find a factory where he could develop machines. When he found a factory where he could develop this idea, it became the only fortune he had. 130 thousand dollars issued for this machine. Masis says this is how he made his first million dollars by introducing a money counting machine in the country.
He is known as the ‘Native Robin Hood’.
Especially during the Covid epidemic, many operators and tenants were unable to pay their rent. Dikran Masis became a name that was on the agenda at the time with this news. Because Not collecting rent from 1447 tenants He performed an act of charity that set an example for the country’s agenda.
In a program he attended The things he said about his work in Istanbul are enough to give anyone an economics lesson:
“If I had $100,000 today, I’d make it a million again. I approach every job with an open mind. If I sell lemons, I will become the lemon king in a year. The secret to this is not money, but calculated success. Money comes later. If you are honest and trustworthy and try to do your job successfully, money will come. Turkiye is a slippery slope. Statues should be erected in this country of honest people who have made honorable money for the past fifty years. Because I have always been honest, my credibility has never diminished.”
The arrival of ATMs and money counting machines in Turkey is based on such a story. Calculate success, not money Dikran Masis, He is a name that has achieved economic success and will be an example for everyone.
Sources: Independent, you have your opinion Program with Balçiçek İlter
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Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.