National Automatic Merchandising Association Claims Resolution Near On Debit Swipe Fees

The National Automatic Merchandising Association (NAMA) announced that a resolution is near on changes to debit swipe fee charges brought on by the Durbin Amendment to the Dodd-Frank financial reform legislation. Once the agreement is finalized, NAMA will notify its members and post updated information on the NAMA website at www.vending.org.

NAMA's actions have included working on a legislative solution to the issue, working with representatives in Illinois and Washington D.C., including the office of the House Small Business Committee. In addition, NAMA has also met with VISA and MasterCard directly, as well as Bank of America Merchant Services.

 

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