Association of Convenience Stores says cuts feed ‘torrent’ of free-to-use ATM closuresConvenience stores are urging the operator of the UK’s largest cash machine network to scrap further cuts planned to the fees it charges for transactions in an attempt to stem the “torrent” of free-to-use ATM closures.The Association of Convenience Stores (ACS) said previous cuts by Link to the so-called interchange fee – payments made by banks to cash machine operators every time money is withdrawn – led to thousands of free cash machines being closed across the UK. Continue reading…
Via: Convenience stores urge Link to scrap further ATM fee cuts

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