MANILA, Philippines — The committee on banks and financial intermediaries of the House of Representatives is set to look into the looming increase in fees for bank transactions done through automated teller machines (ATMs). Makati City Rep. Luis Campos Jr.
Kenya has fired a direct shot at the nation’s endemic corruption: by issuing a new generation of banknotes. In a surprise move, the government announced the 1,000 shillings ($10) note will be discontinued by October 1 in a bid to
The Association of Convenience Stores (ACS) has called for greater protection for access to cash after a report from LINK, the UK’s main cash machine network, showing that cash withdrawals from ATMs declined year-on-year across the UK’s nations and regions
The demand for cash is higher in States with a high population density Nearly three years after demonetisation of high-value currency, cash in circulation continues to be high. Experts believe that it will continue to be the preferred mode of
When Bluestone Lane decided to go cashless, the people running the coffee franchise were thinking of efficiency. “Cash takes time,” said Andy Stone, vice president of brand marketing and events at the company, which was inspired by cafe culture in
MUMBAI: Indian consumers appear to show zero loss of appetite for cash despite New Delhi’s numerous efforts to wean them away from currency notes and get them to transact digitally. Indians are still withdrawing money from ATMs, or automated cash
As of last week, 300 ATMs in the Netherlands manufactured by In2Retail began displaying alerts about missing children. The ATMs are currently mainly located in airports, shopping malls, and in close proximity to tourist attractions. If the idea proves successful, authorities