Springs Branch
Established Member
Are cash dispensers on the way out?
Just got back from my local shops. While there I went to get cash for the weekend, but the spot where the cashpoint used to be (and where 12 months ago there was a choice of machines for two different banks) is freshly boarded up, and there are now no cash dispensers in what is quite a busy & prosperous centre.
Another shopping centre I visit used to have three cash machines, now has only one. And in the city centre I've noticed several handy hole-in-the-wall locations have had the facility removed.
This is in Australia, where there's been enthusiastic take-up of contactless card & smartphone NFC technology - to the extent some shops seem surprised when someone offers cash for payment - so it makes sense less cash is being dispensed.
Looks like we've already passed "peak cashpoint" and maybe there are scrapyards somewhere filling up with redundant machines.
Anyone noticed a similar trend with disappearing cash machines in the UK?
And is the handy cashpoint going the way of payphones and local pubs to become few & far between?
Just got back from my local shops. While there I went to get cash for the weekend, but the spot where the cashpoint used to be (and where 12 months ago there was a choice of machines for two different banks) is freshly boarded up, and there are now no cash dispensers in what is quite a busy & prosperous centre.
Another shopping centre I visit used to have three cash machines, now has only one. And in the city centre I've noticed several handy hole-in-the-wall locations have had the facility removed.
This is in Australia, where there's been enthusiastic take-up of contactless card & smartphone NFC technology - to the extent some shops seem surprised when someone offers cash for payment - so it makes sense less cash is being dispensed.
Looks like we've already passed "peak cashpoint" and maybe there are scrapyards somewhere filling up with redundant machines.
Anyone noticed a similar trend with disappearing cash machines in the UK?
And is the handy cashpoint going the way of payphones and local pubs to become few & far between?