ATM fees RSS

Link – the UK’s largest cash machine network – wants to lower the interchange fee that card issuers in the network pay to each other and independent providers when their customers withdraw cash. There are fears this will lead to reduced provision because a lower fee would make running free cashpoints less profitable. John Howells, [...]

The post UK warning as Link plans ATM interchange reductions appeared first on Payments Cards & Mobile.

ATM Industry Association (ATMIA) issued a response to misleading statements about ATM fees contained in a rash of recent US news articles. Political reactions to those articles, branding the fees “exploitative” and “usurious”, were offered with little or no effort to determine the true facts. A survey of bank ATM fees published several weeks ago, [...]

The post ATMIA responds to misleading statements about ATM fees appeared first on Payments Cards & Mobile.