Vending Technology Watch Podcast: Why The Durbin Amendment Won’t Affect Cashless Vending

July 19, 2011

John Powell, a vending cashless vending veteran, says the Durbin amendment, which limits the fee that banks can charge retailers for debit card transactions, has no impact on the vending industry. In an interview with Elliot Maras, editor of Automatic Merchandiser Magazine, Powell notes that the cost that Durbin addresses is a small part of the cashless investment that vending operators must consider. To listen to the podcast, click here.