Tip of the hat to Carrie at CanPay, who forwarded me an article in Marijuana Moment about how the use of cashless ATM transactions on the Visa network is a no-no.#
I assume that the card networks send out warnings like this all the time, but I'm new enough to the industry that I don't actually know.#
My first read of this article made me think it was only about intentionally miscoding a credit card purchase as a cashless ATM transaction, but then I started to wonder if it really covered more than that.#
One great thing about this article is that it made me realize how much I don't know about what actually happens in a cashless ATM transaction.#
If you'd asked me before I read this article whether a cashless ATM transaction touched the Visa or Mastercard or Discover networks, I would have said no.#
Now I'm not so sure what happens! Oh goodie, another thing to research.#
Tip of the hat to Carrie at CanPay, who forwarded me an article in Marijuana Moment about how the use of cashless ATM transactions on the Visa network is a no-no.#
I assume that the card networks send out warnings like this all the time, but I'm new enough to the industry that I don't actually know.#
My first read of this article made me think it was only about intentionally miscoding a credit card purchase as a cashless ATM transaction, but then I started to wonder if it really covered more than that.#
One great thing about this article is that it made me realize how much I don't know about what actually happens in a cashless ATM transaction.#
If you'd asked me before I read this article whether a cashless ATM transaction touched the Visa or Mastercard or Discover networks, I would have said no.#
Now I'm not so sure what happens! Oh goodie, another thing to research.#