New report shows trends in cash and cash machine usage
4 Jun 2010
UK Cash & Cash Machines 2010, a report published by the Payments Council in co-operation with The UK Cards Association and LINK, shows how Brits go about getting their hands on cash.
The report contains statistics on how, where and how frequently we obtain cash for daily use, as well as forecasts for how cash use will change over the next ten years.
Further to this, UK Cash & Cash Machines 2010 provides information on how we use cash machines, who owns them and what else we use them for. This includes the volume and value of cash machine withdrawals as well as detailed information on geographical distribution and availability of cash machines in the UK.
Copies of UK Cash & Cash Machines 2010 can be purchased for £250 from press@ukpayments.org.uk
ENDS
For further information, contact the press office on 020 3217 8316 or press@ukpayments.org.uk
NOTE TO EDITORS
A complimentary copy of UK Cash & Cash Machines 2010 is available for journalists and libraries upon request. Further copies can be purchased for £250. Please contact press@ukpayments.org.uk to order copies.
About the Payments Council
The Payments Council is the organisation that sets strategy for UK payments. It has been established to ensure that UK payment systems and services meet the need of users, payment service providers and the wider economy. The Payments Council publishes authoritative data on how many payments are made and how we make them. Our publications due to be published include UK Payment Statistics 2010, UK Automated Payments 2010, UK Cheques 2010 and UK Consumer Payments 2010. For more information on these publications please visit our website.
About LINK
LINK is the UK's cash machine network. Virtually every cash machine in the UK (free-to-use and pay-to-use) is connected to LINK, and LINK provides the only route through which card issuers can offer their customers reliable nationwide access to cash. All the UK's significant debit and ATM card issuers are LINK members.
About The UK Cards Association
The UK Cards Association is the leading trade association for the cards industry in the UK. With a membership that includes all major credit, debit and charge card issuers, and card acquiring banks, the role of the Association is both to unify and represent the UK card payments industry. It is responsible for formulating and implementing policy on non-competitive aspects of card payments including codes of practice, card fraud prevention, major infrastructural changes, development of standards and other matters where cross-industry benefits are identified. The UK Cards Association was formed in April 2009. The UK Cards Association also publishes authoritative data concerning the use of plastic cards in the UK in its publication UK Plastic Cards 2010, which is due for publication. www.theukcardsassociation.org.uk