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ATM Transactions: Post COVID Lockdowns

ATM Transactions: Post COVID Lockdowns

Issue 305 | 6 April 2022

Apr 06, 2022
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Payments:Unpacked
Payments:Unpacked
ATM Transactions: Post COVID Lockdowns
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ATM Transactions: Post COVID lockdowns

Last week the volume of ATM Transactions decreased by 27% compared to the week before the first COVID lockdown (week ending 13/3/20).


Weekly ATM value and volume figures 03 April 2022

The volume of ATM transactions:

  • decreased by 0.3% when compared to the previous week in 2022.

  • increased by 12% when compared to the equivalent week in 2021.

  • increased by 53% when compared to the equivalent week in 2020.


Daily

The graph below from LINK shows Mondays’ transactions over the last four years.

The graph clearly shows the fall in 2020 as the Lockdown was announced. Similarly compared to 2021 when Lockdown 3.0 was still in force, yesterday’s transactions were up by 37%. However the equivalent Monday in 2021 was also Easter Monday and with pubs and non essential shops still closed there were fewer people outside and hence the opportunities and need for cash was significantly reduced.

Source: LINK

The following graph also shows LINK ATM use in 2022 now above 2020 as the first full lockdown was in force.

The pattern for 2022 itself shows little change just tracking ahead of 2021 which although more subdued given the restrictions in place is also relatively consistent overall. The significant fall in 2020 can be seen though as the Lockdown restrictions took hold.

Source: LINK

Weekly

Source: LINK

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