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The ATM System since the 2009 Reforms

Author

Listed:
  • Darren Flood

    (Reserve Bank of Australia)

  • Stephen Mitchell

    (Reserve Bank of Australia)

Abstract

The past seven years have seen two major forces affecting the ATM system. Reforms to pricing arrangements in 2009 have had a number of effects, including establishing an environment that has encouraged a rise in ATM numbers. More recently, the ATM industry has been affected by a shift in consumer preferences towards payment cards, which has seen a decline in cash use and a resulting fall in the demand for ATM services. This article examines how activity and pricing in the ATM system have evolved since 2009. It finds that while ATM transactions are declining, ATM numbers at this stage continue to increase overall. ATM direct charges have risen slightly in real terms, but the number of withdrawals on which a fee is charged has fallen significantly.

Suggested Citation

  • Darren Flood & Stephen Mitchell, 2016. "The ATM System since the 2009 Reforms," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 31-38, March.
    • Handle: RePEc:rba:rbabul:mar2016-04
    as

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    File URL: https://www.rba.gov.au/publications/bulletin/2016/mar/pdf/bu-0316-4.pdf
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    References listed on IDEAS

    as
    1. Crystal Ossolinski & Tai Lam & David Emery, 2014. "The Changing Way We Pay: Trends in Consumer Payments," RBA Research Discussion Papers rdp2014-05, Reserve Bank of Australia.
    2. Brendan Filipovski & Darren Flood, 2010. "Reform of the ATM System - One Year On," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 37-45, June.
    3. Darren Flood & Jennifer Hancock & Kylie Smith, 2011. "The ATM Reforms - New Evidence from Survey and Market Data," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 43-50, March.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Guerino Ardizzi & Massimiliano Cologgi, 2022. "Business models and pricing strategies in the market for ATM withdrawals," Temi di discussione (Economic working papers) 23, Bank of Italy, Economic Research and International Relations Area.

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