Bank-owned ATM numbers are down almost 60%, with many spots now taken by privately-owned machines charging about $3 per withdrawal
Many cheered when banks eliminated ATM fees in 2017 – but now it’s a struggle to find one
https://www.theguardian.com/australia-news/2024/oct/05/fee-free-atms-australia-bank-owned-data
6 Comments
Taleya@aussie.zone · 16 pts · 1y
Yeahhh there's a causation being drawn here that's fallacious.
The death of ATMs was due to lack of use, not lack of fees.
NaevaTheRat@vegantheoryclub.org · 8 pts · 1y
Just regulate it.
you wanna be a bank over a certain size? cover 99% of the pop with atms within 15 minutes or w/e
notgold@aussie.zone · 4 pts · 1y
No one needed a crystal ball to see this was going to happen
hitmyspot@aussie.zone · 3 pts · 1y
Men. Who uses cash?
I'd prefer free, unneeded and slightly less availalable than everywhere, necessary and rip off.
108@lemmy.world · 1 pts · 1y
Valmond@lemmy.world · -1 pts · 1y
Possibly not related, we use less and less cash.
IsThisAnAI@lemmy.world · -1 pts · 1y
I'm shocked operators didn't want to run the machines while losing money. SHOCKED!