February 3, 2023
NatWest, a London-based bank, will install "reverse" vending machines to allow consumers to recycle old credit and debit cards as an effort to reduce plastic waste, according to a finextra.com report.
The machines also accept plastic bottles and card readers for recycling.
The first machines are planned for the Canary Wharf and Victoria Place shopping centers in London as well as St. Thomas and Guys hospitals.
Santander Bank began piloting a similar recycling scheme in U.K. branches in December.