But Australia’s second biggest independent operator, Stargroup,...

But Australia’s second biggest independent operator, Stargroup, forecast fees would rise to account for any fall in volume, and to offset increasing technology and cash-transit costs.

“I think medium to long-term, prices will go up,” Todd Zani, CEO of Perth-based Stargroup, which has 2300 ATMs told News Corp Australia.

He said people were “prepared to pay for convenience”, pointing to a trial last year in which Stargroup upped its charges by $1 to $3.50 at seven locations.

“It had zero impact,” he said.

http://www.news.com.au/finance/mone...p/news-story/7500d9b4cc6c64da783fb2e2f7c50be2