Cash Withdrawal news and trends

Swedish Lawmakers Want To Force Banks To Stick With Cash
Cash // June 12, 2018

Swedish lawmakers are trying to slow down the nation’s move toward going entirely cashless by forcing the country’s largest banks to offer cash withdrawals and handle daily receipts. According to Bloomberg, Parliament’s Riksbank committee is in the process of reviewing the law, which would apply...

Quick Reads
UK Cash Points Close Ahead Of ATM Interchange Fee Drop

June 29, 2018
Ahead of a planned reduction in interchange fees, which card issuers pay for cash withdrawals at ATMs in the U.K., data from LINK indicates that over 500 cash points have closed this year over a five-month period to May. During that time, the number of cash points in the U.K. declined by 2,611 to 66,999 cash […]

Swedish Lawmakers Want To Force Banks To Stick With Cash

June 12, 2018
Swedish lawmakers are trying to slow down the nation’s move toward going entirely cashless by forcing the country’s largest banks to offer cash withdrawals and handle daily receipts. According to...