18 February 2018
visit www.nextgenbanking.co.uk/

YourCash increases number of free ATMs at UK universities

21 February 2011  |  2816 views  |  0 Source: YourCash

YourCash, Europe's Largest Independent Provider of ATM Solutions has increased the number of Free to Use ATMs it operates within UK colleges and universities to over 100.

These ATMs process more than 200,000 transactions every month and have helped student unions recycle more than £3m of cash by using the very successful Merchant Fill proposition. This proposition allows student unions or other campus retailers to fill their ATM using their own cash takings, removing the time consuming and costly need to bank cash.

By having convenient access to a YourCash Free to Use ATM, students can check their bank balances to help them keep track of their finances, as well as being able to withdraw cash at no charge. YourCash ATMs also provide a useful mobile phone top-up service.

Lisa Whitehead, Finance, Nottingham Trent Students Union, said: "This arrangement has helped us to minimise our costs of cashiering, as we now have reduced security company collection charges and it has reduced our banking charges considerably".

"We simply want to provide a service to our students and the YourCash Free to Use ATM helps us achieve our objective of enhancing the lives of students studying here at Nottingham Trent".

"We are extremely happy with the on-going support given by the team at YourCash; we would highly recommend them to anyone in similar circumstances".

Jenny Campbell, Chief Executive of YourCash Ltd, commented: "We are delighted that so many student organisations have chosen a YourCash ATM. We welcome the opportunity to enhance the service that student unions provide and to help then reduce the cash within their commercial operations".

"Using cash as a payment method can really help those on a tight budget and we frequently hear about the lack of free ATM services in the education sector. We would urge student unions to speak to YourCash to find out more about our Free to Use ATM proposition".

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit www.swift.com/your-needs/instant-paymentsvisit www.nextgenbanking.co.ukVisit https://www.capgemini.com

Who is commenting?

Top topics

Most viewed Most shared
Saudi central bank provides sandbox for banks to try out Ripple techSaudi central bank provides sandbox for ba...
10470 views comments | 16 tweets | 11 linkedin
Aussie real-time payments platform goes liveAussie real-time payments platform goes li...
8257 views comments | 15 tweets | 41 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
7749 views 10 comments | 21 tweets | 26 linkedin
hands typing furiouslyHow can Blockchain Help with AML KYC
7619 views 3 | 9 tweets | 4 linkedin

Featured job

Competitive
Germany, Austria or Switzerland

Find your next job