ATM cash usage continues to grow in UK
Figures from Link, the UK’s cash machine network, show that the number of ATMs in the UK reached 70,180 in July, passing 70,000 for the first time. ATM figures from July show that the total amount withdrawn from cash machines in July 2015 was £11.3 billion, up 4% compared with July 2014.
In calendar 2014 UK ATMs were used 2.8 billion times to withdraw £189 billion.
“Despite cards, contactless payments and digital payments becoming ever more popular, our latest figures show that cash still has a very important place in our purses and wallets. In fact, 47 million UK adults, or 92% of us, used a cash machine in the UK last year,” said John Howells, chief executive of Link.