Property News · July 16, 2018

Fears of UK cashpoint 'deserts' lead to scaling back of ATM fee cuts


UK’s largest ATM network alters planned reductions in fees paid by banks to operatorsPlans to slash the fees paid by banks to cash machine operators have been scaled back after they prompted fears of ATM “deserts” appearing in parts of the UK.The U-turn came less than a month after Link, the UK’s largest cash machine network, began a phased reduction in “interchange” fees, with cuts of 5% a year planned until 2021. Continue reading…

Source : theguardian.com
Read more…Fears of UK cashpoint ‘deserts’ lead to scaling back of ATM fee cuts

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