Saturday, November 27, 2021

Tag: link

Crunch point for cash as close to 8,000 ATMs removed from service

Which Survey ATMs
Consumers who are looking to withdraw and spend cash in nearby shops or on the high street are those being hardest hit if they are left without a way to access it locally, claims Which? consumer survey.

ATM withdrawals down, must they come back up?

ATM Cash Withdrawals
Withdrawals from cash machines in the UK have fallen by £37bn during the 12 months of the Covid pandemic.

Purchase free cash access trial gets underway

ATM scheme trial
A small number of shops throughout the UK are trialing a new scheme sponsored by ATM operator Link, in which convenience stores offer customers cashback services without requiring an in-store purchase.

Covid leads to massive decline in cash withdrawals

ATM use cash withdrawals
Many argued it was already on the way out…but new figures released by ATM network operator Link show that Covid-19 may well represent the final nail in the coffin for the widespread use of hard currency in the UK.

Four Link members pledge to protect free-to-use ATMs

Link ATMs member pledge
Link has confirmed that PayPoint, Barclays, NatWest and Sainsbury’s Bank have pledged to maintain free access to cash from ATMs during the Coronavirus pandemic.

Link announces bank-funded ATM protection strategy

Link ATM protection strategy
Following the continued decline in free cash access across the UK, Link has announced a bank-funded strategy to restore lost ATMs, however, more than..

Link launch increased fee to protect remote ATMs

link, atms
Link has announced it will increase the ATM withdrawal fee paid to operators in remote areas as of April, in order to keep outlying free-to-use cash machines in operation. The UK’s largest ATM provider will increase its subsidy to £2.75 per withdrawal for between 50 and 100 of the 3,500 ATMS situated over 1km away from other free-to-use machines. “It is...

Bacta progress growing concerns over ATM removals

The future accessibility to cash through ATMs has been a growing concern in the UK over recent years...

Cashless under review as 300 ATMs close per month

ATM cashpoint
ATM network provider Link has launched an independent review into the effect of a cashless society on communities and small businesses, but many in the amusements industry are already feeling the crunch from cash machine closures. A review into how Britain’s increasingly cashless society is affecting communities and small businesses has been commissioned by ATM network provider Link, with the...