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Visa warns on “cashless ATMs”

visa

By Alex Halperin
12/13/2021 10:41 PM GMT-0700
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Credit card company Visa warned customers that miscoding point-of-sale purchases through "cashless ATMs" could lead to unspecified penalties.Marijuana Moment

Fincann CEO Nathaniel Gurien estimated estimated thousands of dispensaries do this to accept credit or debit cards. He called it “clever, attractive and likewise fraudulent.” 

  • “Cashless ATMs are POS devices driven by payment applications that mimic standalone ATMs. However, no cash disbursements are . . .

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