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Cashback in France

Categories : Cash covers a broad range of transactions, Cash is universal
March 20, 2018
Published in : ATM, France, Ubiquity
Cash will now be even more accessible in France thanks to the newly amended cashback policy.
Communication Team

You can now ask for cash-back when shopping in France. Following European directive on payment services (DSP2), the French National Assembly made amendments to the law to allow retailers to provide an additional service to their customers: cash-back. Secretary of State for Economic Affairs, Delphine Gény-Stéphann stated that this measure will not only allow retailers to attract more consumers, but that it will offer better access to cash to citizens living in remote areas.

There are about 850 ATMs per million people in France. This number is much lower compared to its European counterparts like Spain, Portugal and Luxembourg where there are 1,000 per million.

The French have a tendency to withdraw more money in terms of value at each ATM visit, but they also go to the cash machine less frequently compared to their European counterparts. 

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