Weekly ATM value and volume figures 3 January 2021. Key observations for week ending 3 January: Last week ATM transactions decreased by 5.6 million (when compared to the previous week). Last week's ATM transactions were 17.9 million less than the equivalent week in 2019. After some recovery during December weekly ATM use reduced by 46%... Continue Reading →

Weekly ATM value and volume figures 27 December 2020. Key observations for week ending 27 December: Last week ATM transactions decreased by 5.6 million (when compared to the previous week). Last week's ATM transactions were 10.9 million less than the equivalent week in 2019. Weekly ATM use has reduced by 29% (compared to equivalent week... Continue Reading →

Weekly ATM value and volume figures 20 December 2020. Key observations for week ending 20 December: Last week ATM transactions increased by 1.1 million (when compared to the previous week). Last week's ATM transactions were 19.6 million less than the equivalent week in 2019. Weekly ATM use has reduced by 38% (compared to equivalent week... Continue Reading →

Weekly ATM value and volume figures 13 December 2020. Key observations for week ending 13 December: Last week ATM transactions increased by just 0.1 million (when compared to the previous week). Last week's ATM transactions were 17.4 million less than the equivalent week in 2019. Weekly ATM use has reduced by 36% (compared to equivalent... Continue Reading →

The latest UK’s cash habits (week ending 6 December): ATM transactions increased by 2.7 million (when compared to the previous week). ATM transactions were 18.6 million less than the equivalent week in 2019. Weekly ATM use has reduced by 38% (compared to equivalent week in 2019). The final weekend of the lockdown clearly took its toll on cash usage with the... Continue Reading →

In a recent Forbes article Dave Birch asks where has all the money gone? The use of cash is going down but the amount of cash out there is going up. Where is it all?In the UK, a committee of MPs has said that the Bank of England should be trying to track down £50bn... Continue Reading →

Weekly ATM value and volume figures 6 December 2020. Key observations for week ending 6 December: Last week ATM transactions increased by 2.7 million (when compared to the previous week). Last week's ATM transactions were 18.6 million less than the equivalent week in 2019. Weekly ATM use has reduced by 38% (compared to equivalent week... Continue Reading →

Weekly ATM value and volume figures 29 November 2020. Key observations for week ending 29 November: Last week ATM transactions increased by 1.2million (when compared to the previous week). Last week's ATM transactions were 22million less than the equivalent week in 2019. Weekly ATM use has reduced by 44% (compared to equivalent week in 2019).... Continue Reading →

Weekly ATM value and volume figures 22 November 2020. Key observations for week ending 22 November: Week ending 22 November saw a new low in weekly ATM transactions at 26.7m (a reduction of just 0.1m) - the lowest weekly volume of ATM transactions since early summer. Weekly ATM use has reduced by 43% (compared to... Continue Reading →

Weekly ATM value and volume figures 15 November 2020. Key observations for week ending 15 November: Week ending 15 November saw a new low in weekly ATM transactions at 26.8m - the lowest weekly volume of ATM transactions since early summer. The value of ATM transactions on Saturday 14 November was down by 46% (compared... Continue Reading →

On this day (12 November) in 1984 the BBC reported that the English pound note was to disappear after more than 150 years. News of the familiar green £1 note's withdrawal had just been announced by the then Chancellor, Nigel Lawson, when he made his autumn statement in parliament. Mr Lawson said the note -... Continue Reading →

Weekly ATM value and volume figures 8 November 2020. Key observations for week ending 8 November: Sunday's (1 November) 'dash for cash continued on Monday (2 November) which was the busiest Monday for ATMs since March with £238m dispensed. The 'dash' tailed off after a couple of days and week ending 8 November saw the... Continue Reading →

Weekly ATM value and volume figures 1 November 2020. Key observations for week ending 1 November: Sunday saw a 'dash for cash' equating to an 18% increase to £174m in the value of cash taken from LINK ATMs when compared to the previous Sunday. Monday was the busiest Monday for ATMs since March with £238m... Continue Reading →

After the announcement of a second lockdown in England on Sunday (1st November) saw a dash for cash with an 18% increase to £174m in the value of cash taken from LINK ATMs when compared to the previous Sunday. Monthly LINK ATM transaction volumes for October were 138million: Source: LINK Volumes have been static over... Continue Reading →

Weekly ATM value and volume figures 26 October 2020. Key observations for week ending 25 October: Lowest weekly ATM use and amount of cash withdrawn for the last eleven weeks. ATM volumes have reduced last week by a further 1%, a 37% reduction compared to 2019. Cash withdrawn from ATM's last week has reduced by... Continue Reading →

It's the last day of September and LINK report an ATM peak earlier (12.38) of 6,349 transactions in one minute. However, last week (week ending 27 September) saw a 36% reduction in cash ATM withdrawals compared to the equivalent week last year: Source: LINK Helpfully, LINK produce a graph detailing the reduction in cash ATM... Continue Reading →

The PSR report that, in May, a Which study found that nearly half of all people who previously used cash for shopping, now pay entirely with a debit or credit card following the outbreak of Covid 19 and a further 25% have replaced some of their cash purchases with cards. Source: Payments System Regulator and... Continue Reading →

Last week we covered the 39% reduction in ATM withdrawals - the infographic below helps us complete the picture on how people access their cash. Source: Payments System Regulator. In this breakdown we see that: 80% of cash withdrawals (by value) are via ATM’s.6% of cash withdrawals (by value) are via branches (over the counter).2%... Continue Reading →

Latest cash ATM withdrawal data (week ending 23 August) is now available from Link: There were 31.4 million ATM withdrawals last week (this is 20 million fewer than the equivalent week in 2019). There was a 39% reduction in ATM withdrawals compared to equivalent week in 2019. Source: LINK Eight things we should be thinking... Continue Reading →

The Payments System Regulator (PSR) state that 'for many people cash continues to be a vital way of making payments, despite the changes brought about by Covid 19. As High Streets prepare to re-open, more shops will rely on the availability of cash and the ability to access banking services such as deposit facilities to... Continue Reading →

In this week’s subscriber edition of Payments, Payments, Payments we take a look at the invention of the cash dispensing Automated Teller Machine (ATM). It is claimed that the world's first ATM was unveiled at Barclays Bank in Enfield in June 1967, but the real inventor of the bank cash machine has been a source... Continue Reading →

A guest blog by Jonathan Jensen (Twitter: @sevendotzero) The debate around cash has become very vocal recently, especially with the rolling programme of bank branch closures and free to use ATMs closing, leaving swathes of the country without a way to ‘get cash’.  Various arguments are put forward about the importance of access to cash. ... Continue Reading →

Three years ago this weekend the Bank of England issued the polymer £5 note - the first polymer note to be issued by the UK’s central bank. It is estimated that the accompanying “FirstFiver” campaign that encouraged people to donate the first polymer note they received may have raised £12.5m for good causes in 2016.... Continue Reading →

The closure of Barclays on Aldeburgh High Street earlier this year meant the only 24*7 ATM in town was removed. Thankfully, for those that use cash, the 'free to use' Bank Machine ATM remained but was only accessible during Post Office hours. Cashless options abound in Aldeburgh - everywhere takes cards / contactless / ApplePay... Continue Reading →

Spent the week in Belfast. As you would expect Belfast is as cashless as anywhere in the UK - even down to a 65p bottle of water in Boots. However, Northern Ireland has very cool bank notes so I did indulge in using an Ulster Bank ATM to withdraw a couple of the new vertical... Continue Reading →

Ulster Bank’s vertical five and ten pound notes are now in circulation, and the challenge is on to replicate the success of the #FirstFiver campaign. The brainchild of corporate fundraising consultant and recruiter John Thompson, the #FirstFiver campaign saw £12.5m go to charities across the UK through people taking up the challenge to donate their first... Continue Reading →