The ATM Reforms - New Evidence from Survey and Market Data

Darren Flood, Jennifer Hancock and Kylie Smith
Additional contact information
Darren Flood: Reserve Bank of Australia
Jennifer Hancock: Reserve Bank of Australia
Kylie Smith: Reserve Bank of Australia

RBA Bulletin (Print copy discontinued), 2011, 43-50

Abstract: Following the introduction of direct charging in March 2009, ATM pricing has become more transparent and flexible. Cardholders continue to respond to the clearer price signals by changing their cash withdrawal behaviour to avoid paying direct charges, and newly available data indicate that behaviour varies across age groups and geographic locations. For the small proportion of transactions that do incur a direct charge, flexibility in ATM pricing has led to a distinct pattern in these charges across different types of ATM locations. Variations in business models between ATM owners mean that most consumers have access to a large number of ATMs on which they pay no direct charge, while it remains possible for ATMs to be profitably deployed in high-cost or low-volume locations.

Keywords: ATMs; ATM reforms; ATM fees; foreign fees; foreign ATMs; direct charging; ATM surcharging; interchange fees; ATM Access Regime; ATM Deployment; payments reform; consumer use study; payment patterns; consumer behaviour (search for similar items in EconPapers)
Date: 2011
References: View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
https://www.rba.gov.au/publications/bulletin/2011/mar/pdf/bu-0311-7.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rba:rbabul:mar2011-07

Access Statistics for this article

RBA Bulletin (Print copy discontinued) is currently edited by Luci Ellis

More articles in RBA Bulletin (Print copy discontinued) from Reserve Bank of Australia Contact information at EDIRC.
Bibliographic data for series maintained by Paula Drew ().