{"id":113391,"date":"2025-09-04T06:58:36","date_gmt":"2025-09-04T06:58:36","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/113391\/"},"modified":"2025-09-04T06:58:36","modified_gmt":"2025-09-04T06:58:36","slug":"portugal-cash-deserts-the-portugal-news","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/113391\/","title":{"rendered":"Portugal \u201ccash deserts\u201d &#8211; The Portugal News"},"content":{"rendered":"<p>According to data from the Bank of Portugal (2022), 1,276 parishes (41%) have no access points to physical cash.<\/p>\n<p>&#8220;The reduction in cash access points is creating veritable cash deserts throughout the country, particularly affecting the most isolated and vulnerable groups,&#8221; Den\u00e1ria&#8217;s national representative, M\u00e1rio Frota, stated in a statement, marking the 40th anniversary of the Multibanco.<\/p>\n<p>For the association, it is imperative to strengthen network coverage and ensure that all Portuguese citizens maintain their right to use cash, the most widely used payment method in Portugal.<\/p>\n<p>Den\u00e1ria Portugal is a non-profit association that advocates for the use of cash as a common means of payment.<\/p>\n<p>The Multibanco ATM network was launched on September 2, 1985. At the time, nine ATMs were available in Lisbon and Porto.<\/p>\n<p>Data from SIBS, the Multibanco operator, reveals that there are currently approximately 13,000 ATMs in Portugal, allowing for more than 90 different transactions.<\/p>\n<p>Last year, 693 million transactions were carried out on the ATM network, it says.<\/p>\n","protected":false},"excerpt":{"rendered":"According to data from the Bank of Portugal (2022), 1,276 parishes (41%) have no access points to physical&hellip;\n","protected":false},"author":2,"featured_media":113392,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-113391","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/113391","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=113391"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/113391\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/113392"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=113391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=113391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=113391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}