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Number of Atms in Germany Falls Below 50,000
10 Articles
10 Articles
In Germany, the use of cash decreases as digital payment methods increase. The Bundesbank reports a decline in ATMs and a greater dependence on cards and apps. This development leads to social challenges, especially for older people. Cash remains important for anonymity and individual freedom.
In Germany, the number of ATMs continues to decline.
Transactions with cards or smartphones are on the increase, which means that banks do not have more and more branches and ATMs. According to the Bundesbank, this makes the provision of cash to the population only more complex.
Banks close branches, vending machines disappear – consumers feel the consequences of digital change when paying and withdrawing money. The path to the next vending machine becomes longer for many people.
Banks close branches, vending machines disappear - consumers feel the consequences of digital change when paying and withdrawing money. The way to the next vending machine becomes longer for many people.
The ATM network is shrinking across the Eurozone, as Europeans seem to be paying cashless, with cards still the most prevalent means of payment. The… Banks: The ATM network is shrinking across Europe – Most people pay by card - ΙΝΑΦΤΕΜΟΠΟΡΙΚΙ
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Bias Distribution
- 67% of the sources are Center
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