The way they raise money in automatic boxes in this country is about to change deeply. A new project is being implemented to replace traditional multibancos with innovative equipment, bringing a significant transformation to access to cash in the coming years.
A transformation in the banking system
In France, the project called Cash Services aims to modernize the money and deposit services, introducing expanded features for users. The implementation takes place in a phase, with about 1,000 new machines scheduled to be operational until June 2025, according to the Le Monde newspaper. By the end of the same year, the network will have three thousand devices in operation.
Banks shared network
One of the main changes is the creation of a unified automatic box network, shared by the three main banks in the country, according to information advanced by Le Figaro. This network will allow customers from any of these banks to raise money at no additional costs, regardless of the card issuing institution.
According to the same source, it is intended to simplify access to money and eliminate the fees charged in surveys outside the origin bank.
The new machines, identified by the Cash Services network logo, will maintain the customer’s bank’s graphic interface by inserting the card to preserve familiarity and facilitate adaptation to the new system.
In addition to the cash survey, the same source states that the equipment will allow cash deposits, checks and bank transfers, functioning as automatic counters that increase convenience.
We recommend:
Innovation and Accessibility
Equipped with tactile screens and intuitive interfaces, the new crowds promise, as referred to by the same source, faster and simpler operations. Project responsible ensures that advanced technology will not compromise the ease of use, even for clients less familiar with digital tools.
Network expansion also includes rural areas and more isolated locations, responding to the progressive closure of bank branches in these areas and facilitating access to financial services.
Challenges for users
According to Le Monde, although well received by many, the transition arouses some apprehension, especially among the most elderly customers used to the traditional format of the multibans. The banks involved ensure that light support and instructions will be made available to facilitate adaptation.
Family design and personalized interface of each bank in new machines should help minimize resistance to change. The gradual introduction of the new automatic boxes aims to allow an unhurried adaptation.
However, the centralization of services in a common network raises questions about competition in the banking sector, with experts warning of possible monopoly risks. Banks argue, however, that this unification will allow costs to reduce and increase coverage throughout the territory.
What expects the future of the money lifting
With Cash Services, France prepares for a new paradigm in access to physical money, replacing traditional equipment with modern devices that simplify operations and broaden their accessibility.
According to the adaptation may be a challenge for some users, especially the least familiar with technology, but the transition is already underway. Until 2026, traditional automatic boxes are expected to have disappeared almost completely from the French banking scenario.
It remains to follow the reaction of users and understand if this modernization responds to the needs of all.
Also read:
