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Independent Retailers Association warns of difficult year ahead.

8 Jan 2024

The British Independent Retailers Association has said 2024 is anticipated to be a challenging period for shop keepers as economic challenges are still set to bite.
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Indie Retail Christmas Opening Hours

20 Dec 2023

The Indie Retail office will be open as usual (9am-5pm) for the majority of the Christmas period, with some exceptions.
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Bira CEO addresses surge in retail crime on the BBC

19 Dec 2023

Bira's CEO, Andrew Goodacre, took the spotlight on BBC Breakfast this week and later spoke with Nicky Campbell on BBC Radio 5 Live, shedding light on the rise in retail crime and shop theft,... Read more…

Dress shop crowned winner of Cambridge Christmas shop window competition.

18 Dec 2023

Dress shop Pocket Watch & Petticoats in Trinity Street has been crowned the winner in Cambridge BID’s Christmas window competition.
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Bira issues guide to protecting yourself against festive cyber scams

18 Dec 2023

In the age of online shopping, the pursuit of the best deals during the festive season is increasingly common. However, as consumers flock to virtual marketplaces, cybercriminals are seizing the... Read more…

Shoplifting now among the most common crime against small firms

18 Dec 2023

Fresh evidence about the increasing problem of thefts from shops has been revealed amid a warning that organised shoplifting is now among the most common type of crimes against small firms.
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Oldest record shop in Liverpool reopens with museum to celebrate city's musical heritage.

18 Dec 2023

One of the North West’s oldest record shops has reopened after 14 months, creating a small museum to pay tribute to its long-standing musical connections with the city.
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Indie jewellery retailer creates unique gold ‘Key Ring’ for new ITVX series

6 Dec 2023

Bristol and Cirencester-based bespoke fine jewellery retailer Titcombe Bespoke Jewellery, a member of the National Association of Jewellers, has received one of its most unusual commissions... Read more…

Family-owned butcher’s shop hopes 'Mary' will help Wigan families in need of food.

6 Dec 2023

Reynolds’ Butchers in Parbold, near Wigan, have set up a scheme called Mary’s Mince to help people living in the village.
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American Express Shop Small Highlights UK’s Top High Streets for Independent Shops

5 Dec 2023

Research commissioned by American Express Shop Small reveals the top 10 high streets for independent shops in the UK, shining a light on the nation’s small businesses that play... Read more…

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ATM network body, LINK, cuts interchange fees

Posted on in Business News, Cycles News

LINK, the ATM network body, has implemented cuts to the interchange fees paid by banks to ATM operators which are then split with retailers in July 2018 and January 2019.

This has led to ATM operators switching retailers' free-to-use (FTU) ATMs to pay-to-use (PTU) machines.

ACS voice of local shops

The Association of Convenience Stores (ACS) are here to support retailers who have been impacted by these changes.

ACS has been campaigning on ATM interchange fees, working closely with MPs and the Payment Systems Regulator to communicate that cuts to interchange fees will introduce difficult decisions on whether ATMs are retained, switched from FTU to PTU, or removed completely. This has contributed towards LINK postponing its previously scheduled interchange fee cut for 2020 and putting its 2021 cut on hold, pending a review of the 2018 and 2019 cuts.

ACS is working with Which? on the Freedom to Pay. Our Way. campaign calling for consumer choice on payment methods and access to cash through ATMs. ACS has also worked closely with the Access to Cash Review, published last week, which has recommended the government tasks a regulator with operating a local ‘guarantee' for access to cash and prevents a shift away from FTU ATMs becoming the norm.

ACS are collecting case studies on the switch from FTU to PTU machines. If you have been affected by changes to your ATM, please get in touch with Steve Dowling directly via email or by phone on 01252 533 009.

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