National ATM Council Formally Objects To MasterCard-Visa Merchant Settlement

By  |  November 7, 2012
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The National ATM Council (NAC) has filed an objection with the U.S. District Court over the proposed MasterCard-Visa merchant settlement, reports Finextra.

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    The NAC has stated that, “the proposed settlement was sufficiently vague to be improperly read to encompass the interests of the nation’s independent ATM operators, despite the fact that ATM providers have not been parties to the case and no specific ATM issues have been raised in the proceeding or addressed by the terms of the proposed settlement.”

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