Belgium to launch new ‘smart’ ATM network
Network will look to solve geographical disparity and maintain cash services
Four of Belgium’s biggest banks have set up an integrated ATM network, as use of the cash in the country declines.
Belfius, BNP Paribas Fortis, ING and KBC have joined forces to establish a “smart distribution” of ATMs across the country to address the issue of oversupply in certain locations, and undersupply elsewhere.
The new system will ensure 95% of people in Belgium have access to an ATM no further than five kilometres away. The banks have decided to roll out the network over a five-year
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