The ATM Industry Association is offering five reasons to support the ATM Industry U.S. Defense Fund.
Their rationales include the trade groups efforts to ease the transition to EMV, combat reductions to interchange fees, deal with patent trolls that file lawsuits or collect fees for licensing products, counteract suits by plaintiffs looking to capitalize on Americans with Disabilities Act regulations, and argue for repeal state laws that still require dual ATM fee notifications.
And, these five issues are just the tip of the iceberg when it comes to the critical industry matters ATMIA is tackling, thanks to contributions to the U.S. Defense Fund, David Tente, the associations U.S. executive director, said in a press release. Theres simply no time left to waste.
The U.S. Defense Fund, which the association manages, covers the cost of monitoring proposed legislation and regulations that could affect the ATM industry on the state and local levels, the trade group said in the release.
"With all the issues facing the ATM industry -- and pressure on Congress and state legislatures to increase revenue -- supporting the U.S. Defense Fund is vital to the future of our industry," said Jeff Matthews, eGlobal ATM Services CEO and chair of the associations Independent ATM Deployer Committee.
Last year, ATMIA and the Electronic Funds Transfer Association helped convince Congress to abolish the federal ATM fee sticker requirement last year.
"Eliminating the federal dual ATM notification requirement was a huge success for the ATM industry," Tente said. "This is a terrific example of how we use the funds contributed by members to benefit the industry as a whole."
Congress rescinded legislation that had required placing a sticker on ATMs to alert users to fees charged for the service. The industry argued successfully that the warnings on the machines video screens were sufficient.
The association also filed an amicus brief last year in the merchant class-action surcharge lawsuit against Visa and MasterCard, developed a generic brief to support ATM operators who continue to fight fee sticker cases in the appeals court, and represented the industry at the U.S. EMV Migration Forum, the release said.