UK: ATM Usage Reaches New Record

You think the world is moving away from cash? Well, think again. We spotted this today:

"The use of cash machines in the UK hit a record level in 2011, with £191bn withdrawn over the year, figures show.

ATMs were used 2.87 billion times over the year, so the average withdrawal was £67 on each visit.

The Payments Council, which collated the figures, said that the frequency and value of withdrawals was higher than the previous record in 2008."

Statistics Source: BBC