Irish Examiner View: Temporary retreat on ATMs was necessary

Once money and currency is solely digital, then the Government and banks will have full oversight and control over citizens and a record of every transaction
Irish Examiner View: Temporary retreat on ATMs was necessary

AIB have reversed their decision to make 70 of their 170 nationwide branches  'cashless' by the end of 2022.

The rapid about-turn by AIB on its plans to close ATMS in mainly rural, or predominantly poorer, areas is a welcome respite from the constant, and over-exaggerated, claims that abolishing cash will be a net benefit to society.

The inept performance of head office in Molesworth Street in attempting to increase the number of cashless outlets to 54% of its 170-strong network has been embarrassingly rebuffed. For now. AIB’s grand plan was that branches would focus on trying to make more money out of us, while those people who needed cash would be pointed towards the local post office.

Already a subscriber? Sign in

You have reached your article limit.

Subscribe to access all of the Irish Examiner.

Annual €130 €80

Best value

Monthly €12€6 / month

More in this section

Revoiced

Newsletter

Sign up to the best reads of the week from irishexaminer.com selected just for you.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited