A July 13th article from American Banker discusses increases in ATM surcharge fees at a time when the number of ATMs and the number of ATM transactions is rising. A decline in per-machine ATM traffic is threatening surcharge fee revenue and prompting fee increases to make up for lost volume, researchers say. Bank mergers are said to have contributed to this trend, since ever-larger banking companies make it easier to find ATMs from their own bank branches and avoid paying fees to others. The use of PIN debit cards to get cash back while making purchases at stores has also cut into the profits for ATM surcharging. Some banks are also reimbursing customers for surcharges imposed by other banks, adding another factor to the fee debate.

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