Machines will now have to display the charge on screen in an easy-read size. It follows a report from the Treasury Select Committee, which slammed the operators of cash machines that charge for a withdrawal for not being straight and fair with consumers. There are 54,000 cash machines in the UK, and four in 10 charge a fee. Many of them are in convenience stores.
Dave Chew, who runs Dave’s Convenience Store in Cheshunt, Hertfordshire, has already put new signage up warning of a charge. He said: “The machine has always highlighted to users that they will be charged £1.50. They have to press a button to say they accept this before getting their money. No-one has mentioned the new sign and I don’t expect it to make any difference.”