Home > News > Potential ATM loss impact on consumers and small businesses

I’ve been keeping a close eye on the provision of free cash points since the ATM network LINK announced reductions in the fees paid to operators, which could lead to some places getting rid of them. This month I met with Which?, the Federation of Small Businesses and the Payment Systems Regulator to discuss the impact of this on consumers who rely on cash points, as well as the impact on small shops which can’t afford to accept cards for low-value purchases.

Glad that LINK is responding to concerns by cancelling and reviewing some of the planned fee reductions. There is support available to keep isolated ATMs in rural and deprived areas open, so if you fear the closure of a local cash point or a shop with one in it, please let me know and I’ll raise it with LINK