British consumers like surchage-free ATMS, deployers raise security concerns

Published: 8 August 2008 y., Friday

 

The Link Interchange Network Ltd. says around 2,000 new free-to-use ATMs were installed in the United Kingdom in 2007, with more than 400 of those being located in low-income areas.
 
The network's second-annual Consumer Committee report finds that more than 1 million people living in those low-income areas had not been served with free-to-use ATMs until after Link spearheaded its efforts, which have involved numerous banking societies in the kingdom.
 
“This has been a good year for the Link cash-machine network,” said Ken Andrew, chairman of the consumer committee. “The number of free-to-use cash machines has increased significantly over the year, with many of these new free-to-use ATMs placed in the small proportion of targeted lower-income areas which previously did not have a free machine. The number of pay-to-use cash machines also grew slightly, helping to bring convenient cash access to locations where it would not be economically viable to run a free cash machine.”
 
The Consumer Committee's report shows that success in some areas of the U.K. — such as major cities in Scotland, the North East and Wales — has not been matched in areas such as Birmingham, Liverpool and Manchester. ATM operators and the Consumer Committee say a fear on the part of retailers and other deployers that the installation of an ATM could generate crime could be a factor.

Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Regional recipes for success

European conference promotes regional solutions to global challenges. more »

Iceland Express to launch flights from Vilnius Airport

Iceland‘s low-fare airline Iceland Express will launch regular flights by the new-generation „Boeing 737-700“ planes to about 8 different destinations from Vinius International Airport. more »

Economic crisis: women in developing world pay high price

Over 3 million people around the world have lost their jobs due to the financial crisis and, according to the UN, economic recovery is unlikely to reach those that have suffered most - poor women and children. more »

Airport infrastructure in Lithuania: Commission approves State aid to airports of Vilnius, Kaunas and Palanga

The European Commission has today decided not to raise any objections to the public financing of infrastructure developments at three Lithuanian airports – Vilnius, Kaunas and Palanga International Airports. more »

Single Euro Payments Area (SEPA): Commission consultation shows general support for end-date for SEPA migration

The European Commission has published the results of a public consultation launched in June 2009 on whether and how deadlines should be set for the migration of existing national credit transfers and direct debits to the new Single Euro Payments Area (SEPA) payment instruments. more »

Innovative solutions to global challenges

A favourable climate for innovation in the EU can speed up the transition to an eco-efficient economy and increase Europe’s global competitiveness. more »

IMF Signs €15 Billion Borrowing Agreement with Deutsche Bundesbank

The International Monetary Fund (IMF) and the Deutsche Bundesbank have signed an agreement to provide the Fund with up to the equivalent of €15 billion (about US$22 billion). more »

ECB publishes the Euro Money Market Survey 2009

Today the European Central Bank is publishing a report entitled “Euro Money Market Survey 2009”, which illustrates the main developments in the euro money market in the second quarter of 2009, in comparison with the second quarter of 2008. more »

Banks and finance - a year on

New EU laws proposed for closer oversight of financial services industry, sending a strong signal to this week's G20 summit. more »

Commission statement on aid for Opel Europe

The European Commission has repeatedly underlined that the restructuring plan of new Opel Europe must guarantee that the company will be viable in the future. more »