Automatic Teller Machines news and trends

Mastercard and Visa Pay $197 Million to Settle ATM Suit

May 30, 2024
NCR - Digital-First Banking - March 2022 - Explore why more ATM network providers and FIs are catching on to the appeal of cash-recycling ATMs
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Mastercard and Visa Pay $197 Million to Settle ATM Suit

May 30, 2024
Visa and Mastercard will pay $197 million to end a class action suit centered on ATM fees. According to court papers filed Wednesday (May 29), the two payments giants have agreed to settle the case, brought by consumers who withdrew cash from bank-operated ATMs, and who accused the companies of anti-competitive behavior by agreeing to […]