Gareth Shaw, Which? Money Expert, said:
“While LINK is claiming it wants to maintain free access to cash, we’re concerned about its ability to do so, not least when it is facing a clear threat from banks to leave the network.
“LINK’s plans could still lead to a significant reduction in free-to-use ATMs across Britain, leaving consumers facing an uphill struggle to access the cash they need.
“It’s alarming that these potentially far-reaching proposals appear to have simply been waved through without a thorough public consultation. With over two million consumers in the UK reliant almost entirely on cash, it’s vital that the Payment Systems Regulator conducts an urgent market review.”