25 May 2013

Link reports Olympics cash boost

16 August 2012  |  678 views  |  0 Source: Link

Link cash machine withdrawals were up by 4.6%* during the Olympics, compared to the same 17 day period last year.

Fuelled by the events going on throughout the country and the better weather, ATMs dispensed over a quarter of a billion pounds more to Brits compared with 2011.

LINK cash withdrawals between Friday 27 July and Sunday 12 August rose by £270 million or 4.6% from £5.838 billion to £6.108 billion when compared to the same period last year,
John Howells, LINK Scheme CEO comments: "August is normally a quiet month for ATM withdrawals but so far 2012 has proved the exception. This extra cash should boost spending which should prove a valuable bonus to retailers."

* LINK cash withdrawals do not include the vast majority of overseas card withdrawals, customers using their own banks' or building societies' ATMs or ATMs within the Olympic venues. 

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Related company news

 
Find out moreFind out more

Who is commenting?

Finextra Member Commented on: The Naked King
Finextra Member Commented on: Cash is dead - in Finl...
Finextra Member Commented on: Cash is dead - in Finl...

Featured job

Competitive Salary
London

Find your next job