FIN.

Payment Systems Regulator invites comments on LINK Specific Direction 8

The PSR is asking for views to be submitted on the operation of Specific Direction 8.  This was given to LINK at the end of last year, and is focused on the maintenance of a broad geographic spread of free-to-use ATMs.

In particular, the PSR has suggested that respondents might wish to comment on matters as:

  • the recent announcement that Barclays’ customers can no longer withdraw cash using over the counter services at Post Offices, and possible consequences on LINK’s policy towards Post Offices;
  • the impact of the ‘Low Volume Premium’ in relation to ATMs that LINK committed to protect; and
  • the processes to replace closed ‘Protected’ ATMs.

The deadline for responses is 28 October.

Emma Radmore