The importance of cash

Yesterday we saw an 11% rise in cash withdrawals against last Monday, mostly driven by a failure of card payment systems for a number of retailers.

For those food retailers who were impacted saw a 35% increase in ATM withdrawals on their estate .

This is a clear indication of the need to have cash systems to ensure resilience and food supplies.


Previous Post
NoteMachine response to HM Treasury’s Access to Cash: Call for Evidence November 2020
Next Post
2021: is change on the horizon? The future of the ATM.