Problem is, customer habits are already changing. ATM use is...

Problem is, customer habits are already changing. ATM use is falling off dramatically. More and more retailers have POS terminals. Anywhere that an ATM can go, a retailer can provide payment facilities with contactless.

I think CBA and the others are just reacting to this fact. STL will be swept up in the general trend. There might be a little blip as banks retire ATMs or customers accidentally choose an STL ATM without realising there's a fee, but in the end the ATM business looks stuffed.

No wonder Indue sold.