4th September 2015
The number of ATMs in the UK reached 70,180 in July, surpassing 70,000 for the first time according to new figures from LINK, the UK’s cash machine network.
ATM figures from July, also published by LINK, highlighted the enduring preference for cash in the UK, as the total amount withdrawn from cash machines in July 2015 increased by 4% compared with 12 months earlier, rising from £10.9bn to £11.3bn.
During 2014 overall, the UK’s cash machines, of which over 50,000 are free-to-use, were used 2.8bn times to withdraw £189bn.
John Howells, chief executive of LINK, commented:“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.
“With cash machine numbers at a new record high of 70,000, LINK is committed to continuing to make sure everybody has safe, reliable and easy access to their cash.”