The 'Cashback Without Purchase' initiative is already live in around 1,000 stores, but it's being rolled out to a further 1,000 shops by the end of the year. Cash machine network LINK and card payment processor PayPoint are behind the scheme.
It comes amid concerns over the decline of free-to-use ATMs and bank branch closures, which may leave vulnerable consumers without access to cash. Only this week TSB, for example, announced the closure of 70 branches next year, while 41 Lloyds Bank branches and seven Halifax branches closed in October.
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It comes amid concerns over the decline of free-to-use ATMs and bank branch closures, which may leave vulnerable consumers without access to cash. Only this week TSB, for example, announced the closure of 70 branches next year, while 41 Lloyds Bank branches and seven Halifax branches closed in October.
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The Indian Digital Currency wants to put an end to Cash
