Post Offices still handle only a relatively small percentage of the total cash circulating in the UK.
However, their share of the cash market is increasing every year, as bank branches and ATMs disappears.
That’s why the Payment Choice Alliance believes the Post Office needs a ten year contract from British banks, guaranteeing revenue for a decade and allowing the Post Office to invest in making further improvements in their cash services.
The UK government needs to act to ensure the Post Office gets that 10 year contract NOW, in 2025!
Source: independent.co.uk/money/cash-atm-post-office-cashless-society-b2678459.html