20 August 2017
visit www.avoka.com

Bank holiday weekend sees record UK cash machine withdrawals

04 May 2010  |  3445 views  |  0 Source: Link

Friday 30 April was the busiest day ever for Link cash withdrawals with £590 million withdrawn, beating the previous record, which was on Christmas Eve 2009, by £25 million.

Over £1.5 billion had been withdrawn by the end of the Bank Holiday weekend, an increase of 9% on the same period in 2009.

Friday lunch time is the busiest time of the week for cash machines and, on Friday 30 April, transactions hit a new record of over 1,100,000 in one hour and nearly 20,000 in a single minute.

LINK processed a total of 13,434,665 transactions on 30 April, with 1,101,102 in the busiest hour (between 12:00 noon and 1.00pm) and 19,800 in the busiest minute (1.10pm). The busiest second was 12:10:52pm when there were 433 transactions.

Edwin Schooling Latter, Managing Director, LINK Scheme commented, "For most people in the UK, queuing at a counter to obtain cash is a thing of the past. Cash machine usage continues to grow, with new records for cash dispensed set this weekend."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.abe-eba.euvisit www.worldpaymentsreport.com

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
9223 views comments | 23 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
7933 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
7408 views comments | 10 tweets | 7 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
6780 views 0 | 1 tweets | 1 linkedin
hands typing furiouslyWhy Blockchain Might Not Be The Future For...
6540 views 1 | 5 tweets | 3 linkedin

Featured job

Find your next job