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07

Jan 2022

Last Updated: 06/01/2022
News
News

Loss of Masham cash machine will hit trade, say market traders

by Suzannah Rogerson

| 07 Jan, 2022
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Masham stallholders raised concern that the removal of one of the town's cash machines could have a "big impact" on trade. The company which operates the machine said it is underused and may be removed.

masham-atm-and-market

Masham stallholders have raised concerns about losing one of the town's cash machines saying it will have a "big" impact on trade.

The town currently has two cash points one at the bus stop on Market Place and the other in the Co-Op. However the company which operates the machine on Market Place says it is underused and may be removed.

Traders have said the Wednesday market in particular would suffer if it was lost and added that the mid-week market is largely attended by elderly locals who prefer to use cash.

They are concerned if customers are forced to go to the Co-Op for cash they will do their shopping at the store for ease.

Even stallholders who have card machines said a lot of customers still prefer to use cash.

One trader, Val Cocker, who has a card stall on both Wednesday and Saturday in Masham, said it will have an impact on trade. She said:

"It will have a big impact, I think in general the locals will feel it most. Masham market has had a bit of a revival in recent years and soon people may not bother if they can't get cash."


Another stallholder, Mark Foster, said:

"It's often difficult to get cash in Masham because sometimes both machines are empty. I'd much rather be taking cash because it cash in hand straight away rather than waiting for card payments to go through. It'd be a real shame to lose it."






Read more:



  • Banking facilities set to return to Knaresborough next year

  • Masham Parish Council agrees to plans for up to 60 homes






The cash machine provider, NoteMachine, currently pays £5,000 in rent to Masham Parish Council. Councillors have offered the company a rent reduction in hopes of maintaining this community service and are awaiting a reply.

In the minutes of the most recent council meeting councillors said the machine is often without cash and questioned if this was a ploy to give grounds to remove it.

They added the clerk had approached other companies last year to take on the service but none had offered an alternative.

The Stray Ferret approached NoteMachine for comment, but did not receive a response by the time of publication.