Hundreds of cash machines close as UK turns to contactless payments - I Newz360

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Friday, June 29, 2018

Hundreds of cash machines close as UK turns to contactless payments

Which? says ATMs around the country are shutting down and rural operators are worst hit

Cash machines around the UK are closing at a rate of 300 every month, with rural communities worst hit, according to an analysis by Which?.

Almost 1,500 machines on the Link network shut down between November 2017 and April 2018, partly because the dramatic increase in contactless payments for small transactions is making cash less necessary.

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from The Guardian https://ift.tt/2KllRSv

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