Today was good day for the ATM industry. The Justice Department is ending an Obama era program that had attempted to cut off credit to “shady businesses”. If you operate an ATM Company- you are classified as a “shady business” even though the flow of cash is 100% traceable. Even more so than most businesses out there.
Although this is positive news for the ATM industry, all we can do is hope that sooner than later this will translate to fewer bank closures and less headaches in dealing with banks to get cash.
Read the full article at:
http://www.foxnews.com/politics/2017/08/18/trump-doj-ends-obama-era-operation-choke-point.html?
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Peter Wilkenshoff
Peter Wilkenshoff is the President of Best Products Sales and Service Inc./ BestATMstore.com. With more than 20 years in the payments industry, he has made a career out of helping businesses get paid in the simplest and smartest ways possible. Cash, cards, mobile wallets or whatever futuristic payment gadget someone invents next week, he is here for it. He loves taking the stress out of money movement and turning complex processes into something anyone can understand. When he is not working he is usually fishing, building something around the house, out on a boat, surfing or planning the next family Disneyworld trip which sounds like a strange mix until you meet him and suddenly it all adds up.
Follow Peter on LinkedIn: https://www.linkedin.com/in/peter-wilkenshoff/
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