Moneybox has already successfully developed the concept in the UK, installing over 130 freestanding kiosks in 2004 offering secure 24-hour cash availability. Free-standing kiosks are designed to be installed in prominent locations and their greater visibility has proved highly effective in generating transactions. As a result, Moneybox has found them particularly effective in helping it to win new contracts. Moneybox is already well represented in the Netherlands with around 170 machines deployed. Most of these are located inside convenience stores and leisure outlets, and complement the bank-owned machines deployed mainly in branch locations and high traffic public transport terminals. Customers pay a charge for each withdrawal, typically Euro 2.50 The new Kiosk ATMs will provide further consumer choice in this market.
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