Cash point - Scottish bank notes, dispensed from a local ATM, Automatic Teller cash machine, Glasgow, Scotland, UK, G3 8AD
Scotland sees steepest fall in cash machine withdrawals in 2021 Data from the UK's main cash machine network reveals that ATM transactions fell by up to 68% during the first national lockdown The UK’s main cash machine network LINK has published data showing that despite a 37% fall in ATM transactions in 2020, UK adults on average still withdrew more than £1,500 each from cash machines. Scotland saw the steepest fall, with adults withdrawing almost £900 less than they did in 2019. On average, UK adults visited ATMs 12 times less in 2020 than they did in 2019. In recent years, as consumers use alternative payment methods such as contactless cards or online payments, ATM transactions have fallen on average around 10% year-on-year. However, in April 2020, when the UK went into the first national lockdown, ATM transactions fell initially by up to 68%. Despite subsequent lockdowns, on average more than £ was still withdrawn for cash machines every week for the rest of 2020.
Size: 4308px × 3648px
Location: Argyle Street, Glasgow, Scotland, UK, G3 8AD
Photo credit: © Tony Smith / Alamy / Afripics
License: Licensed
Model Released: No
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