Effective April 2010 MasterCard International announced they have lowered the Interchange for Cirrus ATM Transactions by $0.18. Many ATM Companies must now pass this on to the owners or operators of the ATM in the form of a network fee.
The ATM Industry Association is conducting a study on the impact of the new fee structure.
ABOUT THE AUTHORS:
Noah Wieder, Founder of ATM Depot an ATM Machine Processing Company, has been in the ATM Machines business since 1994 and was founder of the former XtraCash ATM. Jeremy Camhi, National Sales Manager, ATM Owner and resident in-house ATM Expert has been in the ATM Machines business since 1999. Follow us on Twitter