Home > News > Providing Student Services with Cash Recycling ATMs

Providing Student Services with Cash Recycling ATMs 

 
United Kingdom — YourCash, Europe’s Largest Independent Provider of ATM Solutions has increased the number of Free to Use ATMs it operates within UK colleges and universities to over 100.
 
These ATMs process more than 200,000 transactions every month and have helped student unions recycle more than £3m of cash by using the very successful Merchant Fill proposition. This proposition allows student unions or other campus retailers to fill their ATM using their own cash takings, removing the time consuming and costly need to bank cash. 
 
By having convenient access to a YourCash Free to Use ATM, students can check their bank balances to help them keep track of their finances, as well as being able to withdraw cash at no charge. YourCash ATMs also provide a useful mobile phone top-up service. 
 
Lisa Whitehead, Finance, Nottingham Trent Students Union, said: “This arrangement has helped us to minimise our costs of cashiering, as we now have reduced security company collection charges and it has reduced our banking charges considerably”. 
“We simply want to provide a service to our students and the YourCash Free to Use ATM helps us achieve our objective of enhancing the lives of students studying here at Nottingham Trent”. 
 
“We are extremely happy with the on-going support given by the team at YourCash; we would highly recommend them to anyone in similar circumstances”. 
 
Jenny Campbell, Chief Executive of YourCash Ltd, commented: “We are delighted that so many student organisations have chosen a YourCash ATM. We welcome the opportunity to enhance the service that student unions provide and to help then reduce the cash within their commercial operations”. 
 
“Using cash as a payment method can really help those on a tight budget and we frequently hear about the lack of free ATM services in the education sector. We would urge student unions to speak to YourCash to find out more about our Free to Use ATM proposition”. 
 
End

Notes to editors
 
About YourCash
YourCash is Europe’s Largest Independent Provider of ATM Solutions. It offers robust and secure, internal standalone ATMs for the retail and services market.
 
YourCash deploys more Free to Use ATMs in the UK than any other independent provider with over 1,700 machines.  This represents around 32% market share within the independent ATM market (December 2010) showing strong success in the product and services offered to UK businesses.  Around 73% of cash withdrawals made through a YourCash ATM in the UK are free to customers (December 2010). YourCash also deploys over 600 Free to Use ATMs in the Netherlands, predominately in the large supermarket chains.  In 2010, YourCash ATMs helped customers recycle cash amounting to over £1.8bn in the UK and €0.8bn in the Netherlands via their ATM network.
 
YourCash has plans to expand its international proposition across Europe including the introduction of high speed terminals, wireless technology and branding licences to offer our business partners a unique service proposition for their customers. 
 
YourCash incorporating Hanco
 
YourCash Enquiries
Twitter: @yourcash

In other news..

YourCash pledges 200 ATMs for Belgium

Released: 18 May 2012
YourCash pledges 200 ATMs for Belgium through partnerships with leading Belgian supermarkets.

Planet Wincor interviews Jenny Campbell CEO YourCash

Released: 26 Apr 2012
YourCash featured in the latest issue of Planet Wincor, Volume 1 2012.

YourCash signs new contract with Symstream to provide innovative connectivity solutions for their UK ATM estate

Released: 13 Feb 2012
United Kingdom, London – YourCash Ltd, a leading independent European ATM deployer, has awarded a 3 year contract to Symstream...

YourCash renews its contract with international payments provider, VocaLink

Released: 31 Jan 2012
United Kingdom, London – YourCash Ltd, a leading independent European ATM deployer, has renewed its UK contract for ATM servic...