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Economy

As Japanese banks shed ATMs, convenience stores take up the slack

Convenience stores play a bigger role getting cash into customers' hands.

People are increasingly getting their money from ATMs at convenience stores.

TOKYO -- With convenience stores almost everywhere in Japan -- many with automated teller machines -- there is less reason than ever for customers to seek out bank-operated ATMs.

In a country where many people still prefer to use cash, Japanese banks for decades were keen to install ATMs wherever they thought people wanted them.

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