Online payment, the use of subscription plans and of course card payments have also been favored since the coronavirus crisis. (PIXABAY / MOERSCHY)
The number of automatic teller machines (ATMs) is constantly decreasing in France. In 2019, this decrease of just over 4% affected the most populated areas of the territory, according to figures from the Banque de France.
There are fewer and fewer automatic teller machines (ATMs) in France. There are currently just over 50,000 left in mainland France, according to a report from the Banque de France published Thursday July 30 and spotted by hooly-news.com. More than 2,100 ATMs were canceled in 2019, which represents a drop of almost 4% in the territory.
Changes in consumption patterns
This decline is greater than those noted in previous years. Between 2015 and 2018, the fall in the number of ATMs averaged 1.8% per year. The Banque de France justifies this decrease by “The erosion of the use of cash in transactions, under the effect of changes in consumption and payment methods”. Indeed, between 2012 and 2019, cash payments decreased by 13.2%, the report points out.
Online payment, the use of subscription formulas and of course card payments have been favored since the Covid-19 epidemic. The cap on contactless payment has also gone from 30 to 50 euros since deconfinement. Even without this boost, over the past ten years, card payments have increased by 67%.
Their purchase and maintenance have a significant cost
Another reason for the disappearance of ATMs is the cost. The purchase of one of these devices for a bank is estimated between 35,000 and 50,000 euros. Its maintenance and the supply of banknotes reach 15,000 euros. In addition, due to competition from online banks, traditional banks are closing some of their branches without leaving an ATM.
However, their disappearance is observed in the most populated areas, according to the Banque de France. “The number of municipalities equipped with at least one cash dispenser has only decreased by 0.2% over one year”, specifies the institution.