News Update:
Bank Machine ATMs served around 60 Million customers in 2009...that's the equivalent of every man, woman and child in the UK visiting our ATMs at least once during the year! ……
Press Release
14th June 2007

Cash Strikes The Right Notes

To celebrate its first day with 100,000 customers, Friday 25th May 2007, Bank Machine, the Independent ATM Operator has launched a song in praise of something the British Public all love - CASH. The song, "Cash Believer", based on the Monkees Classic, "Daydream Believer", celebrates the pleasure of using cash, contrasted with the perils of over-using Credit Cards.

The British Public proved again in 2006 just how much they love cash with over 2.8 billion ATM cash withdrawals, delivering £180 billion in total – a record for cash dispensing in the UK. With a 75% increase in the number of ATM cash withdrawals over the last 10 years, it is clear that consumers do NOT wish the UK to become a cashless society - and they “vote” with cash from their wallets and purses! Despite Banks almost doubling the number of plastic cards they have rained on customers in the last few years - every man, women and child in the UK now having an average of 3 – in 2006, nearly 70% of all purchases were still made using cash.

Says Ron Delnevo, Managing Director of Bank Machine and Director of the UK Payment Council, "Of course, the song is in one way a bit of fun - in fact it can be played on the "Fun @ ATMs" page on our Website www.bankmachine.com - BUT it is also contains an important message. Card Issuers like Maestro are running a massive ad campaign proclaiming cash is dead. It is not dead, as we can see from the 2006 usage figures BUT organisations like Maestro want it to die so we use more and more cards, running up massive debt in the process. The message to the British Public is simple: USE IT OR LOSE IT! If you are seduced by the Card Issuers, before you know it they will take cash away from you altogether. That will mean the Pound dies without us joining the Euro!”

A recent independent YOUGOV survey recently commissioned by Bank Machine revealed that 75% of the British Public prefer cash, and are not happy with the thought of the UK becoming a cashless society.

-Ends-

For further information please contact Gemma Young at The SPA Way on 020 7403 6900 or email gemma.young@thespaway.com

Notes to Editors

About Bank Machine: Based in Hatfield, Hertfordshire, Bank Machine created the UK Independent ATM market in 1998 and is today the leading independent ATM operator in the UK with well over 1500 ATMs in a variety of locations including forecourts, convenience stores, shopping centres and cinemas. For more information about Bank Machine visit www.bankmachine.com

Bank Machine is a division Cardtronics Inc – the world’s largest ATM Operator - which has ATMs across the US and Mexico, as well as in the UK. Founded in 1989, the company will expand to operate more than 31000 ATMs during 2007.

Outstanding service • Increasing choice • Delivering profit
Bank Machine Managed ServicesA Division of Cardtronics