Westpac refuses to support direct fees on ATMs

Industry discussions on the abolition of ATM interchange fees and the introduction of direct charging for the use of ATMs may collapse. Westpac no longer supports a shift to direct charging. Under the plan debated over 18 months, banks and independent ATM owners have been working out a plan to introduce a new fee model. Westpac advised other banks that it did not believe the proposed model would benefit its customers.

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