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Recent Developments in the ATM Industry

Author

Listed:
  • Stephen Mitchell

    (Reserve Bank of Australia)

  • Chris Thompson

    (Reserve Bank of Australia)

Abstract

The ATM industry in Australia is undergoing a number of changes. Use of ATMs has been declining as people use cash less often for their transactions, though the number of ATMs remains at a high level. The total amount spent on ATM fees has fallen, and is likely to decline further as a result of recent decisions by a number of banks to remove their ATM direct charges. This article discusses the implications of these changes for the competitive landscape and the future size and structure of the industry.

Suggested Citation

  • Stephen Mitchell & Chris Thompson, 2017. "Recent Developments in the ATM Industry," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 47-54, December.
  • Handle: RePEc:rba:rbabul:dec2017-06
    as

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    File URL: https://www.rba.gov.au/publications/bulletin/2017/dec/pdf/bu-1217-6-recent-developments-in-the-atm-industry.pdf
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    References listed on IDEAS

    as
    1. Mary-Alice Doyle & Chay Fisher & Ed Tellez & Anirudh Yadav, 2017. "How Australians Pay: Evidence from the 2016 Consumer Payments Survey," RBA Research Discussion Papers rdp2017-04, Reserve Bank of Australia.
    2. 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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