With only a 12% decline in transactions after 2 weeks of direct charging and extensive negative press on ATM's charges
this is a fabulous result for Customers. Furthermore the backdown by the banks on surcharging customers 50 cents for using foreign machines is another win for Customers. Old habits die hard and we can expect transaction levels to gravitate back close to levels prior to direct charging.
Looks like Customers will bank another $4.2M will options in the money at $1.40 next week.
great result for customers
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