VMW Blog: Durbin Amendment Doesn’t Impact Cashless Vending, But Operators Must Get Up To Speed On The Issues

July 6, 2011

Elliot Maras, editor of Automatic Merchandiser Magazine, notes in his blog that the Federal Reserve Board’s decision last week to cap interchange fees for debit transactions has generated a lot of buzz in the banking and retail industries, but will not impact the vending industry’s cashless initiatives. Maras notes that there are other more significant costs related to cashless which vending operators need to get up to speed on since cashless holds the key to the future. To read the blog, click here.