Surcharges on Electronic Benefit Transfer (EBT) transactions are proscribed by an increasing number of states. The interchange fee schedule for EBT programs has been modified in 16 states and the District of Columbia, with Utah most recently joining that list. In these states, ATM cash withdrawals made with an EBT card on any terminal charging [...]
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Senator Tom Harkin’s (D-Iowa) office has confirmed changes in Senate Amendment 3812, commonly known as the Harkin Amendment. The modified Amendment will no longer set a defined $.50 limit on ATM processing fees. ATM operators, manufacturers, merchants and others in the payment processing industry can take heart in this about face, but the fate of [...]
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Senate Bill 3712 has been scheduled for a cloture vote this afternoon, according to reports out of Washington. A vote on cloture would mean an end to discussion and debate over the wording in the bill, and no additional amendments will could be added. As of this time, the most recent attempt at cloture failed [...]
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Amendment 3812 to Senate bill 3217, known as the Harkin Amendment, poses an existential threat to the ATM industry. Should this Amendment pass the Senate, the ATM processing and credit card processing industry as it exists today could very disappear. Urge your Senators to vote No on Amendment 3812. This is a Call-to-Action, and we [...]
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