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Wales Online
Wales Online
National
Neil Shaw

Covid accelerated decline of cash machines, and use 'will never recover'

ATM use is not expected to return to “anything like pre-pandemic levels”, according to UK cash machine network Link.

Some places that at one time would only accept cash, such as pubs and markets, are now encouraging contactless card payments, while customers have formed new habits of visiting ATMs less often, it added.

Transactions fell by 7% last year, with 1.5 billion withdrawals and balance inquiries made, down from just over 1.6 billion in 2020, Link’s figures revealed.

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