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Mark is sending letters to convenience stores in his
constituency asking for support for his campaign to increase the
number of free-to-use machines there.
For the past year, Mark has been involved in campaigning for more
free-to-use machines in South Derbyshire. He supported the
Government's Financial Inclusion Scheme to install the machines in
deprived areas by nominating a number of stores. One shop -
Lifestyle Express in Goseley Avenue, Hartshorne - was
successful. But now he wants to see more widespread use of
free-access machines.
His research has shown that in South Derbyshire there are just nine
locations - usually shops and convenience stores - where there are
free-to-use machines.There are four post offices which house
free-access machines. But there are 22 locations in the district
where people have to pay to withdraw their money from a
machine.
The average fee for a charging machine is around £1.50 to £1.75 per
cash withdrawal which is split between the landlord, LINK member
and leasing company. For a free machine, 30p is received from
the cardholder's bank or building society for each cash withdrawal
and £0.17 for each balance enquiry. This has to be split
between the parties as well. However Mark believes that if
the machine is free-to-use it may attract substantially more
business, especially if it is in a good prominent location and
there are no other free-to-use machines nearby.
For example, the machine at Lifestyle Express in Hartshorne now has
as many as 1,300 users a month.
Mark is now sending letters to convenience stores in South
Derbyshire to find out if there is any interest in installing
free-to-use machines or switching from a fee-paying one which is
possible even if there is a contract for a fee-paying machine.
He said: "I sit on the Treasury Select Committee which identified
the increasing general trend to charge to get access to cash some
time ago. Research showed the problem was particularly acute in
poorer areas as they tend to have few outlets where a machine might
be located and are often some way away from town centres where free
machines are common.
"A free link machine isn't just a good thing in itself. It will
often draw customers to a shop and boosts business. I'm writing to
shopkeepers asking if they would consider either a new free machine
or switching from a pay-machine. I can get the company that runs
the network to visit, survey the site, and answer shopkeepers'
questions."
Anyone who is interested in the campaign should contact Mark's
constituency office on 01283 551573.
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Peter Shanker, the owner of
Lifestyle Express in Goseley Avenue, Hartshorne.
The number of people using the free-to-use machine is about
1,300 a month. Mark nominated the shop for the machine as part of
the Financial Inclusion Scheme.
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