New Trends Underscore Role of Surcharge-Free ATM's 2017: Market Trends Suggest it is time for Banks and Credit Unions to take Another Look at Cash Access Strategies - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "New Trends Underscore Role of Surcharge-Free ATM's" report to their offering.

While other countries look to discourage reliance on cash, consumers in the U.S. continue to include cash in their day-to-day payment transaction mix. The use of cash permeates across generations, suggesting that although cash use has seen a small decline in use, it will still play an important role for many years to come.

The latest report, New Trends Underscore Role of Surcharge-Free ATMs, provides an understanding of cash usage in the U.S., the reasons that financial institutions of all sizes are latching onto surcharge free networks, and a discussion of the small group of market providers for these services.

"Smaller institutions, online-only banks, and alternative financial product providers have been the traditional buyers of surcharge-free ATM networks to offer cash access points that could rival big financial institutions. Now, with new trends such as the rising expense of surcharge rebate programs and a desire to get out from underneath the overhead expense of managing off-premise ATM fleets, very large financial institutions are embracing surcharge-free as a lower-cost option", comments Sarah Grotta, Director, Debit Advisory Service and the author of the report.

Highlights of the report include:

- Trends in cash usage in the U.S.

- Channels U.S. consumers use to get cash

- The influence of convenient cash access has on the choice of a financial institution

- Recent trends that are influencing the use of surcharge-free strategies by larger banks and credit unions

Key Topics Covered:

1. Executive Summary

2. Introduction

3. For the Love of Cash

4. Getting Cash

5. The Market for Surcharge-Free ATMs

6. New Trends Have Big Banks Looking at Surcharge-Free Networks

- Shrinking Branch Networks

- Consideration of Off-Premise ATMs as a Core Competency or Not

- Merchant Pullback on Cash Back at the POS

- Surcharge Rebate Programs Reach a Tipping Point

7. Making the Business Case for Surcharge-Free ATMs

- Questions and Details to Consider

- Expense Items Entailed

8. Market Providers of Surcharge-Free Services

9. Conclusions: Thinking About Cash Strategically

Endnotes

Companies Mentioned

- Allpoint

- CO-OP

- CU 24

- CVS

- Citibank

- Costco

- Fifth Third Bank

- First Tennessee

- Fiserv

- Green Dot

- Kroger

- Mastercard

- Safeway

- Star SF

- Target

- Visa

- Walmart

For more information about this report visit http://www.researchandmarkets.com/research/p7bwpw/new_trends

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: ATM

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: ATM