With branch numbers dwindling, the UK government wants to ensure that all Brits have access to ATMs where they can not only withdraw, but deposit, cash. Meanwhile, a London politician is calling for cash machines to be upgraded so that they can be used by rape victims to alert police.
ChangeGroup the leading provider of foreign currency services and international payments in 11 countries across Europe, Asia-Pacific and North America has extended their innovative ATM capability with membership to the UK domestic scheme - LINK.
There are now more than 69,000 cash machines in the UK – up 58% from the 43,600 ATMs that we had access to in 2003.
LINK, the UK's ATM network today (8 January 2015) announced that Christmas 2014 was a record time for cash machine withdrawals.
The UK government is planning to put supervision of MasterCard and Visa alongside the country's main interbank payment systems into the hands of a new Payment Systems Regulator (PSR), whose chief remit is to inject more competition into the country's payments industry.
Link, the UK cash machine network, is pleased to announce that The Change Group International Plc., the global currency specialist, has joined the Link ATM Scheme.
Link, the UK's cash machine network, has today (8 May) announced a new initiative that allows customers to suggest a cash machine that they would like to dispense £5 notes.
To coincide with Monday's (11 March) publication of the Payments Council's Access to Cash research Link has launched a simple way for consumers to suggest new sites for cash machines online.
Tsys (TSS) today announced that it is now a Certified Service Bureau of the Link Scheme.
Link cash machine withdrawals were up by 4.6%* during the Olympics, compared to the same 17 day period last year.
© Finextra Research 2015