Disappearing ATMs...

emer_b

Whats the story with ATMs being removed lately? There are 4 in my town which I would use regularly (yep, have loadsa money) that have been boarded up/taken away in the last few months, meaning other ATMs in the area are regularly out of cash.
Are there high costs involved in having an ATM in a shop/on the street?
Heard on the news today that the only ATM in Roundstone, Galway is being removed.

admiralofthefleet

emer_b wrote: »

Whats the story with ATMs being removed lately? There are 4 in my town which I would use regularly (yep, have loadsa money) that have been boarded up/taken away in the last few months, meaning other ATMs in the area are regularly out of cash.
Are the high costs involved in having an ATM in a shop/on the street?
Heard on the news today that the only ATM in Roundstone, Galway is being removed.

something to do with jcb's in the dead of the night

dmc17

We have nothing to put in them

Balfie

they are taking the term ''hole in the wall'' seriously?

Voltex

emer_b wrote: »

Whats the story with ATMs being removed lately? There are 4 in my town which I would use regularly (yep, have loadsa money) that have been boarded up/taken away in the last few months, meaning other ATMs in the area are regularly out of cash.
Are the high costs involved in having an ATM in a shop/on the street?
Heard on the news today that the only ATM in Roundstone, Galway is being removed.

If they wernt so easy to rob...

Rabidlamb

My friend Mick down the pub says for a shop to have one they need a certain turnover as they lodge their big notes in it at night.
Perhaps the business has dropped below the threshold.

Eric Cartman

most ATM's beside shops are being replaced by ones inside shops and pubs due to them being harder to rob and the floor standing ATM's carrying less cash

phasers

None being removed in Dublin.

AngryBollix

https://www.youtube.com/watch?v=YcXMhwF4EtQ

Seachmall

Ya, at least 2 have been removed around here as well.

44leto

I noticed this myself. I think the idea is the banks off load their own ones and contract the service out to (can't think of their name they are usually the machines in the convenience shops SPAR Centra etc), the ones that say there will be a fee before you proceed.

That way the bank cut costs and we pay more for cash,,,so everybodiess happy,,, I hate banks.

Sinfonia

The one in Morton's in Ranelagh was gone yesterday.

Edit: It presumably still is.

oppenheimer1

Simple really. ATMs cost money to keep in service. Our banks are under severe pressure to cut costs so non-essentials like external ATMs are ripe for the chop.

Kidchameleon

I was on red tube today OP and there was plenty of ATM there so I cant say ive noticed myself...

Vizzy

This answer is waay to serious for AH but here goes anyway.
I heard a guyfrom Roundstone yesterday "talking to Joe" and he was saying that when the ATM runs out of money he has to travel 19km into Galway to "buy" more cash to fill it again,then he has to fill it himself. Banks themselves want nothing to do with the machine due to the cost of running them.
Then to add salt to the wound the bank are maintaining that because the machines are running out of cash so often,that this is reflecting badly on them so they(the banks) are now taking them out.
I s**t you not.

Feisar

The two that were at the front of Bank of Ireland in Mullingar are boarded up now.

emer_b

Three of the four that I've noticed are on the street, not associated with shops. 2 BOI and 1 Ulster Bank.
Lots of shops limiting cash back to €50, minimum spend also applies.
Just seems to be getting harder to get access to cash.

Red21

People are finally copping on to the whole cash back carry on

Rhys Essien

emer_b wrote: »

Three of the four that I've noticed are on the street, not associated with shops. 2 BOI and 1 Ulster Bank.
Lots of shops limiting cash back to €50, minimum spend also applies.
Just seems to be getting harder to get access to cash.

With the introduction of the new Visa debit "contactless" card that will be issued shortly from Bank of Ireland,we are coming to the stage where in the not too distant future,cash will be obsolete.

John Doe1

Its the Jews:mad:

squod

Rhys Essien wrote: »

With the introduction of the new Visa debit "contactless" card that will be issued shortly from Bank of Ireland,we are coming to the stage where in the not too distant future,cash will be obsolete.

I gotta see that happen. Ever get a haircut? Bought a cup of coffee? Had fish and chips? Got a taxi ride etc.......

Revenue officials would have it too easy. Lots of places operate on a cash only basis. Saves a fortune come October.

Captain Darling

Maybe the fact that more stuff is being paid for by laser may have something to do with it.

markpb

squod wrote: »

I gotta see that happen. Ever get a haircut? Bought a cup of coffee? Had fish and chips? Got a taxi ride etc.......

I've paid for three of those things by credit card (the fourth was the haircut).

oppenheimer1

The conspiracy theorist in me would say that they're trying to reduce the amount of cash in circulation in the economy, in preparation to leaving the euro...

jimthemental

I haven't seen any atm at home with a users fee. How much are we talking here it's 2-2.50 dollars to get money out in oz if you can't find your own banks atm. Pure robbery.

saa

Feisar wrote: »

The two that were at the front of Bank of Ireland in Mullingar are boarded up now.

That's because there's another one a stones throw away.
The ATM in the local spar is gone because there was one outside right beside the shop, makes sense.

They used to have an ATM in my college but its been long gone because of costs and the one down the road is gone so its a five minute walk to the nearest you (can you imagine that).

And with the amount of people using debit cards and the prevalence of places taking cards is so high I say demand for ATMs has gone way down.

Foghladh

Rhys Essien wrote: »

With the introduction of the new Visa debit "contactless" card that will be issued shortly from Bank of Ireland,we are coming to the stage where in the not too distant future,cash will be obsolete.

I think it will. I'm in Stockholm at the moment and everybody seems to pay for their purchases with plastic. They don't have minimum transaction fees so for everything from a bike to a litre of milk they just hand over their card. I tried that with my UK based bank card and got a nasty shock when I got my statement. My litre of milk got whacked with a commission fee and a transaction fee. The advice I got my friendly banker was to take out as much cash as I could in one hit and stick it in my wallet. That way I'd only get charged once

55chevy

ATM but not forever.

Seachmall

Rhys Essien wrote: »

With the introduction of the new Visa debit "contactless" card that will be issued shortly from Bank of Ireland

And now should you lose your wallet anyone who finds it will be able to make a purchase even without knowing your pin.

Given that they only allow contactless transactions up to €15 and it only takes 10 secs to enter your card an pin the traditional way anyway they're stupid ideas.

Convenience over security, without any actual convenience.

POKERKING

http://www.dublinatm.com/ is handy for finding which ones are still around, think it does other counties and there is an app. Always handy if stuck, nothing worse than going out of your way for an atm and seeing it boarded up!

Nothingbetter2d

emer_b wrote: »

Whats the story with ATMs being removed lately? There are 4 in my town which I would use regularly (yep, have loadsa money) that have been boarded up/taken away in the last few months, meaning other ATMs in the area are regularly out of cash.
Are there high costs involved in having an ATM in a shop/on the street?
Heard on the news today that the only ATM in Roundstone, Galway is being removed.

its likely they have been moved indoors cos the criminal gangs are using jcb's to rip them out of the walls

Peetrik

I would have assumed it would be to encourage people to use credit cards and so increase the banks chances of squeezing more money out of people

Coriolanus

squod wrote: »

Rhys Essien wrote: »

With the introduction of the new Visa debit "contactless" card that will be issued shortly from Bank of Ireland,we are coming to the stage where in the not too distant future,cash will be obsolete.

I gotta see that happen. Ever get a haircut? Bought a cup of coffee? Had fish and chips? Got a taxi ride etc.......

Revenue officials would have it too easy. Lots of places operate on a cash only basis. Saves a fortune come October.

Was in the states there. Taxis take cards. Coffee shops take cards. The hairdresser in Walmart -lol- takes cards.
I run a small business so know the costs associated with providing a cc service here but I think maybe the system in the states is cheaper for merchants.

drdeadlift

Vizzy wrote: »

This answer is waay to serious for AH but here goes anyway.
I heard a guyfrom Roundstone yesterday "talking to Joe" and he was saying that when the ATM runs out of money he has to travel 19km into Galway to "buy" more cash to fill it again,then he has to fill it himself. Banks themselves want nothing to do with the machine due to the cost of running them.
Then to add salt to the wound the bank are maintaining that because the machines are running out of cash so often,that this is reflecting badly on them so they(the banks) are now taking them out.
I s**t you not.

As they say in the states

dotsman

Seachmall wrote: »

And now should you lose your wallet anyone who finds it will be able to make a purchase even without knowing your pin.

Given that they only allow contactless transactions up to €15 and it only takes 10 secs to enter your card an pin the traditional way anyway they're stupid ideas.

Convenience over security, without any actual convenience.

Firstly, they are far more convenient. Yes, sometimes it takes 10 seconds to pay via chip and pin, other times it takes much longer. You also have a huge number of people who don't bother memorising a 4-digit pin so have to go dig around their handbag for a minute to find the piece of paper with it written down (not exactly secure!)

Secondly, they are secure, - because you can only do a number of contact-less payments before having to do a chip and pin payment. Although I haven't hear any specific number - let's just assume it is 5. If the maximum contact-less payment is for 20 euro, then the absolute most a thief will get is €100 before the card is rendered useless (due to not knowing the PIN). That's not very different to the amount of cash a person would have in their wallet anyway.

Thirdly, it is cheaper for businesses. Most shops don't allow debit/credit card transaction for amounts less than €10 as the charge eats up most of the profit from the sale. With a contact-less card, the charge will be much cheaper, thus enabling a business to pay via contact-less card for small amounts.

whitesands

markpb wrote: »

I've paid for three of those things by credit card (the fourth was the haircut).

You probably tried to pay for the haircut too with your laser :rolleyes:

Do you not realise your holding up the queue

Run_to_da_hills

NFC technology incorporated into mobile phone handsets is about to take over.

Just as mobile phones killed the public phone box NFC incorporated phones will kill off the ATM machine.

A NFC phone is basically a miniature cashless ATM in your arse pocket that will track all your spending and day to day movements.