Aldi Nord Enables Cash Withdrawals at 2,200 Locations
The service aims to ease cash access in areas with sparse banking facilities, requiring minimal purchase amounts.
- Aldi Nord customers can now withdraw cash at 2,200 stores across Germany with a minimum purchase of one euro.
- The service allows withdrawals in increments of ten euros, up to a maximum of 200 euros per transaction.
- Accepted payment methods include Maestro and V-Pay Girocards, debit cards, and Master and Visa credit cards.
- This initiative comes as Germans continue to prefer cash transactions more than many other Europeans, despite a decline in cash usage.
- Boston Consulting Group reports a global increase in electronic payments, though with decreasing profitability for financial institutions.