With the use of cash steadily on the decline for several years, banks have started to dismantle devices, as their operation can no longer cover the costs. That said, the Swiss population remains entitled to a comprehensive supply of ATMs (source: Link). SIX is solving this problem by pooling ATMs, thus pursuing a clear vision: It consolidates the strengths of individual banks, reduces overcapacity, and simultaneously ensures access to cash – everywhere in Switzerland.
SIX and Senozon have performed a study demonstrating that present demand for cash can be met with significantly fewer ATMs – without compromising accessibility (Sources: Link 1, Link 2), This shows that by planning in a targeted manner and using resources intelligently, quality can be ensured while simultaneously streamlining the infrastructure.
With the pooling model, banks can save up to 60% of their current infrastructure without compromising the supply. This provides relief not only to the banks, but also to the environment through less transport and energy consumption.
With ATM pooling, SIX creates a platform where banks jointly take responsibility, thereby ensuring a modern and resilient approach to cash supply.