Trillium Software
     

By Sophie Baker

Despite the installation of 740 new free-to-use ATMs in the UK’s most deprived areas, four million consumers who are eligible to withdraw benefits are still unable to use them, reveals LINK.

The UK cash machine network said in its annual Consumer Committee Report that consumers with these government-issued Post Office Card Accounts – used for withdrawing benefits – are forced to carry out these transaction in a post office.

The new coalition government must reconsider the restriction the previous Labour government imposed and allow those on benefits to access their cash more easily, said LINK.

“Working with government and consumer groups we’ve had a massive success in spreading free-to-use cash machines into lower-income areas previously without ATMs,” explained Edwin Schooling Latter, managing director of LINK. “The final push to see this important work to a close would be to ensure the government’s own cardholders – four million people receiving their benefits through a Post Office Card Account – can access the free ATMs.”

The UK’s free-to-use ATM network now covers over 95 per cent of the country’s lower-income areas, but the report said LINK’s Consumer Committee hopes to install further machines in some lower-income areas that remain on their target list, including Kirkby in Liverpool, Luton south and parts of rural Cornwall. LINK hopes to have these areas covered in the next year.

Marie Burton, policy advocate at Consumer Focus, said: “Our research shows that Post Office Card Account holders want cash machine access, so it is very frustrating they aren’t benefiting from these free cash machines. In 21st century Britain people shouldn’t need to rely on post office opening hours to take out their own money. Most of us take for granted that we can withdraw cash in the early morning, in the evening or over the weekend – sadly this is not an option for many POCA users.”

The Committee has also focused on supporting the cash machine industry’s efforts to increase the number of ATMs that dispense £5 notes, and in reducing cash machine fraud.

Home     More News


Other stories you may find of interest:

Cash usage in rapid decline says latest Payments Council report
Cash will make up less than half of all transactions in just five years' time, predicts the Payments Council in its 'The Way We Pay 2010' report, which details how "cards [particularly debit cards] took control of our wallets over the last decade, with cheques and cash being increasingly replaced"

Latest payments research shows DD growing in popularity and ATMs spreading
The latest research by Bacs shows that 1 in 4 direct debit (DD) users in the UK are now using the service more than they were 12 months previously and ATMs are continuing to spread across the country with more than 60,000 now in use

worldpay_240ct2011


markevans


FStech Whitepapers
Single Customer View in Financial Service
This white paper outlines what a single customer view is and what the UK requirements are, why this represents best practice and how it can be advantageous to the business, and the techniques and technologies that will be most effective in establishing and maintaining such an approach.
TATA Consultancy Services - Cloud Computing
Cloud computing is the convergence of virtualization, distributed applications, grid, maturity of enterprise software applications and enterprise IT management.
Genesys. Sustained Management: Changing the Game with Genesys iWD
The article explains how Genesys intelligent Workload Distribution (iWD) has the power to change the game in the contact center space based on new visibility into tracking, reporting, and performance management
Research Study: The Revolution in Self-Service Channels in the Financial Services Sector
This report analyses the growth of consumer self-service channels in key areas of the Financial Services Market
Genesys. Staffing and Workload Management:
Fleshes out the importance of properly managing contact center and back office work, especially through the alignment of employee skill sets.
Genesys. The Importance of Proper Hiring, Training, Career Path Development, Skilling, and Routing
Which explains why it is imperative to implement these factors correctly in the contact center and back office to ensure competent customer interactions.
Genesys. Rethinking Contact Center and Back Office Processes:
The Challenges of Achieving Balance and Consistency
SVC Analysis Report
Getting value from a single customer view?

This website is a part of Perspective Publishing Limited, registered in England No 2876166.