“Cash services”: what will change with the joint distributors BNP, Société Générale and Crédit Mutuel

by time news

2024-01-11 23:47:21

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This approach is part of a context of decline in cash since it only represented 50% of transactions in 2022 in France compared to 68% in 2016 according to the annual Space survey of the European Central Bank. At the end of 2022, there were only 46,292 ATMs left in France according to the Banque de France, or almost 7,000 fewer in 5 years. “ATMs are very generally underactive compared to their intrinsic performance with on average less than 3,000 withdrawals per month while they can absorb 3 times more,” notes Olivier Fournier, president of 2SF.

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