Vending Technology Consultant Glenn Butler Notes New Debit Card Fees Challenge Cashless Vending

Oct. 4, 2011

Glenn Butler, a vending technology consultant (CTO Services Inc., Boston, Mass.), notes that the debit swipe fee increases for small ticket transactions announced by Visa and MasterCard are a serious issue for the vending industry. Interviewed by Elliot Maras, editor of Automatic Merchandiser Magazine, Butler notes that the Durbin amendment has resulted in a decision by the institutions to boost small transaction fees. 


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Visa And MasterCard Consider Raising Debit Card Fees On Small-Purchase Products Oct. 1

Sept. 29, 2011
Analysts say Visa Inc. and MasterCard Inc. plan to raise debit card interchange fees charged for small-ticket purchases, according to Bloomberg.The fees would increase from 8 ...