To help citizens tighten their belts, one British firm has launched a network of ATMs that only dispense the smallest possible denomination of paper money. But will the move motivate Britons to save — or spend?
To help citizens tighten their belts, one British firm has launched a network of ATMs that only dispense the smallest possible denomination of paper money. But will the move motivate Britons to save — or spend?
This should come as no surprise.
At the beginning of June, the Bank of England launched a campaign to reinvigorate the 5-pound banknote, so these ATMs fall in line with that strategy.
Read more about that here: http://globalpapersecurity.com/britain-attempts-5-banknote-revival.htm and check out http://www.globalpapersecurity.com for more updates on all kinds of banknote news.