A retailer has raised concerns around store security following reports that ATM provider Link is to trial free cashback services across shops to combat declines in cashpoint usage.
Speaking to the Daily Telegraph, Link chief executive John Howells said increased card spend would see the amount of cash withdrawn from the UK’s 70,000 ATMs halve over the next decade. He added Link would trial a scheme next year where retailers would not pay fees for offering cashback services.
However, Joe Williams, of the Village Shop in Hook Norton, is worried the scheme would come at the cost of store safety.
“We’d have to carry more cash in our tills and I’m worried the risk of thieves coming into store would increase,” he said.