USA Technologies Inc.’s Mike Lawlor Explains Small Ticket Transaction Fees To Hold Steady For Foreseeable Future

Mike Lawlor, senior vice president of sales at USA Technologies Inc., explains that the recently announced transaction fee hikes for small ticket purchases will not be imposed in the foreseeable future. He notes that USA Technologies Inc. will maintain Visa-branded debit and pre-paid cards in addition to all major credit cards, including Visa, MasterCard, Discover and American Express at its current processing rates, and he is believes the credit card companies recognize the growth potential for vending and other small ticket merchants.