Number of Free-to-Use ATMs Climbs to Record High
In its annual report published November 23, 2012, LINK’s Consumer Council welcomes the increase in the number of free-to-use cash machines installed in the UK’s more deprived areas.
The full report can be downloaded by following this link http://www.link.co.uk/SiteCollectionDocuments/Consumer_Committee_Report_2012.pdf
The number of free-to-use cash machines in the UK now totals 45,033, which accounts for 68% of the UK’s 65,884 ATMs.
Access to cash has been a long-standing focus for the industry. In 2006 LINK Scheme members, the government and local communities across the UK came together to identify areas with a lack of access to free cash. Since then more than 850 free-to-use ATMs have been installed in deprived areas, with 95% of all the key areas identified having one of these machines within the area or within one kilometre from the area’s centre.
Dr. Ken Andrew, Chairman of LINK’s Consumer Council commented:
“The increase in the number of free-to-use ATMs underlines the effectiveness of the industry in providing free access to cash across the whole of the UK. These new cash machines have brought local free-of-charge access to cash to around 2 million people previously without a free-to-use cash machine in their area.”
Other notable achievements highlighted in the Consumer Council report include:
• LINK’s charity donations scheme, which went live on 20 June 2012. Customers can now make charitable donations at over 12,345 ATMs, to over 45 different charities.
• The number of ATMs dispensing £5 notes grew to 5,435 and nearly £200 million is withdrawn in fivers from LINK ATMs per month.
• The LINK ATM Scheme played an active role in maintaining cash distribution during the London 2012 Olympics.
• The LINK ATM Scheme sponsors a dedicated ATM PhD at Central Saint Martins College.