In Depth: UK Cash Machine Operators Call For Interchange Fee U-Turn

Cash machine operators in the UK have argued that ATM interchange fees should be set through an independent cost study, after regulators launched discussions of whether the funding model should be restructured in the light of falling demand.

Historically, interchange fees on the LINK network — paid by card-issuing banks to the firms that operate cash machines — were set following a study audited by KPMG.

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