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Government accepts legislation to introduce free cashback from retailers’ tills
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20th April 2021
The government last night (19 April) accepted an amendment in the House of Lords to the Financial Services Bill that will help to facilitate a potential nationwide rollout of free cash withdrawals from participating retailers’ tills.
Once the legislation has successfully passed through the House of Commons potentially thousands of shops could begin to offer the service.
In October 2020 Link and PayPoint began a trial to allow consumers to withdraw cash using the Link network from retailers’ tills without paying a fee or making a purchase. The trial is operating across 12 shops in four communities across the UK. The communities are Cambuslang (Scotland), Denny (Scotland), Hay-on-Wye (Wales) and Burslem (England). ....

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