Wanderlust

Tag: atm

  • Man trapped in Texas money system sends ‘help me’ notes

    handwritten note Image copyright KZTV Symbol caption The Person slipped handwritten notes pleading to bank shoppers to get assist

    A Texas guy who discovered himself trapped within a money machine slipped “assist me” notes throughout the receipt slot.

    The Person, who police say was working on a maintenance of the financial institution, left his phone in his car earlier than getting stuck in the force-through ATM’s vault.

    The unnamed workman was freed after shouting to ATM customers, who persevered withdrawing money all through his ordeal on Wednesday in Corpus Christi.

    Police concept it a hoax earlier than kicking in a door to withdraw him.

    Symbol copyright KZTV Symbol caption Corpus Christi Police Officer Richard Olden defined hearing the guy’s shouts

    “Sure sufficient, we can pay attention a bit voice coming from the machine, so we’re all thinking this is a joke, it is gotta be a funny story,” mentioned police officer Richard Olden.

    One handwritten word slipped via the trapped man to a customer stated: “Please Lend A Hand. I’m stuck in right here, and that i wouldn’t have my telephone. Please name my boss.” The message included the employer’s phone number.

    The Man was once freed after spending greater than hours inside the Financial Institution of America device.

    Officer Olden advised native media: “everyone is ok, however you’ll by no means see this on your life, that someone was once stuck in the ATM, it used to be just loopy.”

    Like ATMs? This Is more…

    The Man who in reality invented the money gadget

    Media playback is unsupported for your instrument

    Media captionWatch: Raiders in Bobcat rip out money gadget

    (more…)

  • Free cash machines closing at record rate

    ATM Image copyright Getty Images

    More than 250 free-to-use cash machines are disappearing a month as operators shut unprofitable ones, the network co-ordinator Link has said.

    There are 53,000 free machines in the UK – but the number is shrinking at a record rate as people use less cash.

    Now the Payment Services Regulator (PSR) is cracking down on the closures and asking for more network protection.

    “Free-to-use ATMs continue to play a vital role in helping people access their money,” the regulator said.

    Hannah Nixon, the PSR’s managing director, said: “The requirements we intend to place on Link will help ensure that Link achieves their commitment to protecting the geographic spread of free-to-use ATMs across the UK.”

    Falling demand

    Link’s ATM Footprint Report found that between the end of January and the start of July 2018, the number of free-to-use ATMs fell from 54,500 to 53,200.

    That is partly because people are using cash less, Link said, thanks to the rise in popularity of new payment methods such as contactless transactions.

    But it is also because cash machine operators such as Cardtronics and Note Machine, who get a fee from our banks each time we use one, are finding that fewer of their machines are economic to run.

    Row intensifies over cash machines fee Who do we trust after cash? The High Streets with ‘too many’ ATMs

    Under pressure from banks, Link is cutting the fee it pays to operators while trying to restrict the resulting closures in city centres,

    Link said it had set up “specific arrangements to protect free-to-use ATMs more than 1km away from their next nearest free-to-use ATM”.

    The organisation has earmarked some 2,365 free machines in remote and rural areas that it wants to remain open.

    But 76 of these protected cash machines closed between January and July, 21 of them without even a Post Office nearby to get cash over the counter.

    The PSR says it is concerned and is taking action to ensure Link meets its commitments.

    It is also seeking renewed commitments from banks that consumers will continue to be offered services, allowing them to access their cash.