The debate on the cash-machine hots up

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Debate on the future of ATMs in the UK has increased, a reduction in the fee that operators receive from the banks.

The start of a reduction, which occurs in the course of the four years, the fee every time a cash machine is used, on Sunday.

Link, which argues the supervision of ATMs, is that the movement is crucial for the sustainability of the network.

However, buying houses, industry and consumer group say disappear machines.
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The fee, known as the exchange-rate reduced from 25p to 20p per withdrawal in annual increments over four years, with an exam each year.

However, the fee is the same for free-to-ATM, 1 km or more from the nearest ATM. Those in remote locations an additional grant.

Link has said that the movement, in addition to other measures, which would “shift the incentive” for the operators, the move since the clustering of ATMs in the inner cities, in rural and less well-to-do areas and the network is sustainable as cash use drops.

However, the Association of Convenience Stores (ACS) has calculated that the change could mean a drop in income of between £2,500 and £ 3,000 a year for some small stores that were already with other financial pressure.

The Association argued that the transactions with cash-machines were at a disadvantage, because they are as part of your evaluation for the occupational taxes.Disagreement

Ron Delnevo, of the ATM Industry Association, suggested that hundreds have been removed from the machines and the facilities cancelled “at a much faster rate than smug observers expected”.

Consumer Group Which? said, it had to be analyzed, Link numbers, and suggested that almost 1,500 machines closed between November last year and April, which it said was a near six-fold increase of a constant rate of less than 50 closures a month since 2015.

The investigation suggested that the machinery in the rural communities were at least as affected as the urban areas – down to 2.1% and 2% – in the UK at a time when more and more bank branch closures have been announced.

However, Link the controversial nature of the analysis. He said: “What? has suggested that ATMs have fallen by 1,500 in the period between November-March, 2017 and 2018, but Link can confirm that in this period, the number of free-to-use ATMs actually increased.”