Payments News from Glenbrook Partners
Glenbrook   Book   Education   Views   Archives   Store   Advertise   About         SUBSCRIBE:

Vending Payments

Welcome to the News View for "Vending Payments".

Here, on these archive pages, you'll find all of the articles on Payments News for Vending Payments listed in date sequence beginning with the most recent article at the top of the page.

Click here for a complete listing of what's available in the Payments News Archive - organized by both posting date and subject category.

Subscribe to Payments News!

April 28, 2015

Headline News from PaymentsNews.com - April 28, 2015

On the Web:

On the Wires:

  • Chase Commerce Solutions and USA Technologies Form Strategic Relationship - “We continue to enable commerce through a simple, secure payment experience for consumers and for our business clients,” said Kimberly Fitzsimmons, U.S. Market President for Chase Commerce Solutions. “We are pleased to work with USA Technologies, a market leader in this important and rapidly emerging space to accept all types of payments easily and securely.”
  • Synchrony Financial and Stash Hotel Rewards Announce Exclusive Agreement to Provide Co-Brand Credit Card Program - “We created Stash because we saw travelers passing on exceptional hotel experiences to stay at predictable chain hotels, just so they could earn points,” said Jeffrey Low, Founder and CEO of Stash Hotel Rewards. “Stash is designed to let the traveler have it all – a memorable stay and meaningful rewards. By partnering with Synchrony Financial we’re creating a card that accelerates rewards while keeping with our tradition of remarkable experiences without compromise.”
  • Citi Prepaid Services and Enservio Announce Partnership for Prepaid Insurance Payments - Deirdre Ives, Global Chief Operating Officer of Citi Prepaid Services, said, “We are excited to partner with Enservio to provide our prepaid cards to their flexible, innovative, and cost-effective payment solution for the insurance vertical. Prepaid cards are a smart alternative to checks, and our award-winning prepaid product simplifies claims payments for insurance clients while delivering an exceptional cardholder experience.”

Glenbrook's 2015 Payments Education

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

January 27, 2015

Headline News from PaymentsNews.com - January 27, 2015

On the Web:

On the Wires:

  • USA Technologies Announces Support for Apple Pay - "This immediately adds approximately 200,000 Apple Pay acceptance points to the growing list of locations officially supporting Apple Pay, bringing the advanced mobile payments service to owners and operators of coffee brewers, vending machines, kiosks, laundry equipment, parking pay stations and other self-serve appliances."
  • Blackhawk Network Announces Launch of Blackhawk Engagement Solutions - "Blackhawk Network is a leader in providing unique and easily accessible prepaid and egift content. It was natural for us to extend our solutions beyond retail with the incentives marketplace where we meet needs of consumers, employees and business partners," said Talbott Roche, Blackhawk Network's president.
  • Digital River Expands in India Through a Partnership with Ecommerce Provider Net Distribution Services - “Ecommerce is evolving at a rapid pace in India,” said Ajay Miglani, chief executive officer of NDS. “We are very excited to be working with Digital River to deliver a high-performance ecommerce solution to the market and accelerate our clients’ online expansion plans.”
  • New Publication Establishes Guidelines for Evolving Payroll Card Industry - “A high-quality card can help hard-working Americans plan for the future and take control of their financial health,” said Jennifer Tescher, President & CEO, CFSI. “We are pleased that MasterCard and Visa are putting our Compass Guide to Payroll Cards into practice, and we look forward to working with them to ensure consumers have access to the high-quality products they need.”
  • Western Union Offers Apple Pay™ as New Pay-In Option for Money Transfer Customers - “Our customers have an expectation of using mobile technology to make money transfer service and product accessibility easier. Western Union is rising to the occasion as we harness our system with modifications to link cash and digital transfers between retail locations, mobile phones, prepaid cards, online and traditional bank accounts and ATMs,” said David Thompson, Executive Vice President, Global Operations and Technology and Chief Information Officer.
  • TCF Bank Now Offering Apple Pay Integration with Debit and Credit Cards - “Consumers want fast, convenient and secure ways to pay for purchases,” said Mark Jeter, Managing Director of Branch Banking at TCF Bank. “With Apple Pay, TCF Bank customers now can make payments at thousands of participating retailers or when they make in-app purchases with the confidence that their personal and financial information is protected.”
  • TSYS and Banco CSF S.A. Extend Payments Agreement - "TSYS supports Carrefour’s 12 million hybrid and private-label cards in circulation in Brazil on its market-leading TS Prime® processing solution. The Carrefour portfolio has grown 64% since the Carrefour and TSYS card program began in 2012."
  • Prosper Marketplace Acquires American HealthCare Lending - “This acquisition is an important part of our strategy to grow awareness and expand our product offerings and capabilities into new vertical markets,” said Aaron Vermut, CEO, Prosper Marketplace.

Glenbrook's 2015 Payments Education Schedule Now Available!

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

December 03, 2012

USA Technologies and Isis Bring Mobile Commerce to Vending Machines

USATechnologies logo 140x60pxUSA Technologies announced up to 7,500 vending machines in Austin and Salt Lake City will be targeted for mobile payment acceptance powered by USAT’s NFC-enabled ePort technology and ePort Connect service in order to participate in the Isis Mobile Wallet market trial.
“Our work with Isis is a great example of how we are executing our comprehensive mobile payments strategy, including leveraging USAT’s growing footprint of NFC enabled touch points to bring more value to our customers,” said Stephen P. Herbert, Chairman and Chief Executive Officer of USA Technologies. “We also believe that our work with Isis sends a clear message to vending companies in these two cities—and to the broader market we serve—that there is tremendous opportunity in cashless adoption. Through the Isis Mobile Wallet, we believe these merchants will have unparalleled new opportunity to attract consumers as well as participate in marketing programs with global brand names.”

November 07, 2011

October 24, 2011

October 03, 2011

Visa and MasterCard Increase Small Ticket Debit Interchange

Chart growth 140pxVisa and MasterCard have increased small ticket debit interchange up to the legal cap prescribed by Regulation II. To understand the impact of this increase on small ticket sellers, see this story in Digital Transactions magazine on the likely reaction from vending operators. For reference, Visa's US Interchange Rate Schedule is located here; MasterCard's Schedule is here.

September 06, 2011

August 17, 2011

Vending Sales Analysis Finds Consumers Spend More With Payment Cards

USATechnologies logo 140x60pxUSA Technologies has announced that "based on its July 2011 survey of over 10,000 traditional vending machines utilizing its ePort cashless payment system, consumers, on average, spent one-third more when making a cashless purchase than a cash purchase. In addition, cashless purchases made up approximately 26% of all sales at these vending machines."

April 13, 2011

January 03, 2011

July 30, 2009

USA Technologies, Visa to Expand Visa payWave Acceptance

USATechnologies_logo-140px.jpgUSA Technologies has announced the signing of an amendment to its existing agreement with Visa to expand the deployment of its ePort cashless payment solution for vending machines by another 2,500 terminals, for a total of up to 4,000 terminals, that are expected to be installed in markets nationwide. READ MORE »

September 11, 2008

New Cashless Vending Research

USA Technologies has released details of vending research it has conducted "showing that vending machines equipped to accept debit and credit cards have dramatically changed consumer-purchasing habits." READ MORE »

March 25, 2008

USA Technologies, ViVOtech Expand Contactless Relationship

USA Technologies and ViVOtech have announced entering into an agreement by which ViVOtech would provide 25,000 contactless/magstripe card readers for USAT’s ePort technology.

READ MORE »

February 13, 2008

MasterCard, USA Technologies Expand PayPass Vending Acceptance

MasterCard Worldwide and USA Technologies have announced the expansion of ePort cashless payment terminals to 17,500 vending machines nationwide, adding more than 4,000 new locations that accept MasterCard PayPass contactless payments.

READ MORE »

August 07, 2007

More Coca-Cola Vending Machines Enabled for Card Payments

MasterCard and USA Technologies have announced the "installation of a record number of cashless payment terminals into Coca-Cola Enterprises vending machines in several markets nationwide. Coca-Cola Enterprises Inc., the world's largest non-alcoholic beverage bottler, will install the new terminals in selected vending machines in the Atlanta, Boston, Chicago, Denver, Las Vegas, Miami, New York and Seattle markets." The enabled vending machines will accept both mag stripe and contactless payment cards.

READ MORE »

July 05, 2007

V-Cash to Make Mobile Payments Easy in India

Contactless News reports that "India's E3India is researching and planning on releasing a new mobile-commerce product, V-Cash, to enable payments to vendors directly through cellphones."

April 24, 2007

More Vending Companies Enabling For Contactless Payments

MasterCard Worldwide and USA Technologies have announced that "six of America's most prominent vending companies are installing e-Port(r) cashless payment technology on their vending machines to accept MasterCard PayPass cards and devices."

READ MORE »

April 10, 2007

Coca-Cola United to Convert Vending Machines to Cashless Card Payments

MasterCard Worldwide and USA Technologies have announced that Coca-Cola Bottling Company United Inc., the third largest bottler in America, is installing cashless payment technology in vending machines.

READ MORE »

April 02, 2007

Contactless Vending Machines Now At Atlanta's Hartsfield-Jackson Airport

SkyeTek, in partnership with Isochron, has announced they have enabled cashless payment at vending machines located throughout the Hartsfield-Jackson Atlanta International Airport. Consumers equipped with RFID enabled credit cards can now make a purchase by just waving a card within a few feet of the new vending machines.

READ MORE »

December 21, 2006

MasterCard, USA Technologies Expand MasterCard PayPass Deployment

MasterCard Worldwide and USA Technologies have announced that "Cadbury Schweppes Americas Beverages (CSAB) will equip vending machines in several U.S. markets with the e-Port cashless transaction solution to begin accepting all major credit cards, including those enabled with MasterCard PayPass contactless payment functionality."

READ MORE »

November 21, 2006

How To Pay For A Fruit Juice - With Your Mobile Phone

Esther Dyson posts a photo of a fruit juice vending machine in Poland that accepts mobile payments provided by MPay. She describes the process - including how the system responds with an offer for a quick discount on chips from the other vending machine to your left.

November 16, 2006

MasterCard, USA Technologies Expand MasterCard PayPass Deployment

MasterCard Worldwide and USA Technologies have announced that 5,000 additional self service point-of-sale terminals, including vending machines, will be equipped with the e-Port cashless transaction solution to begin accepting MasterCard® PayPass. According to the companies, the deployment is the largest rollout to date of contactless technology in self service point of sale and vending machines.

READ MORE »

November 09, 2006

VeriSign Enables Coca-Cola Vending Purchases via Mobile Phones

VeriSign has announced a deal to enable purchases at Coca-Cola vending machines via mobile phones in Austria. Now, over two million mobilkom austria and ONE wireless customers have access to the mobile payment function at vending machines across Austria.

READ MORE »

August 31, 2006

Prof Predicts Cashless Vending On Campus

Fredricka Paul reports for The State News that Michael Kasavana, Michigan State University National Automatic Merchandising Association-endowed professor, predicts that vending machines that accept credit and debit cards will become more popular in coming years. "By 2009, half of the six million vending machines will be capable of having cashless technology," Kasavana said. "About half of those will have card readers."

August 19, 2006

Finance, Fitness Experts Wary Of Card Accepting Vending Machines

Becky Yerak writes for the Chicago Tribune about the push to deploy card accepting vending machines - and how both fitness and financial experts are concerned about consumers finding it easier to buy more from the machines. It's a combination of more snacks and higher credit card debt that has them concerned.

August 18, 2006

Vending Machines Court The Cashless

Becky Yerak writes for the Chicago Tribune that "the future of two American habits--consuming carbonated beverages and using credit cards--is likely to be increasingly intertwined as vending machines that accept plastic become more prevalent." She reports that Visa believes opportunities for card-based payments are "particularly ripe in two areas: vending and transit services that are "unattended," or where people have to serve themselves."

August 02, 2006

SodaVision - A Biometric Vending Machine

Andy Williams writes CR80News about a biometric vending machine developed by graduate students at the University of California San Diego. "Want a Coke? Stick your thumb on the reader so the machine recognizes you as having an account, take out the drink, scan it with the barcode reader, then walk way, never having had to reach into your pocket for change." The project is the brainchild of UCSD engineering associate professor Stefan Savage.

July 14, 2006

Networks Begin to Make a Case for Cards at Vending Machines

Digital Transactions previews an upcoming story about cashless vending, touching on the general trend towards higher ticket sizes at vending machines.
Currently, no more than 3% of the 8 million vending machines deployed in the U.S. accept credit cards, according to Michael L. Kasavana, a professor in hospitality business at Michigan State University. That figure is expected to reach 50% in 2009, says Kasavana.
The article says that vending machines generate about $45 billion in sales annually, according to London-based Research firm Mintel International Group Ltd.

July 04, 2006

Skip Cash at Vending Machines

Sheila Marikar reports for ABC News on the use of MasterCard's PayPass techology to make contactless payments at vending machines - with no signing or swiping.

June 27, 2006

Coke Bottler, MasterCard To Try Cashless Vending

Chad Terhune reports for the Wall St. Journal on plans by the Philadelphia Coca-Cola Bottling Co. to "equip 1,000 vending machines in the Philadelphia area to accept credit and debit cards" - including MasterCard's PayPass contactless cards.

READ MORE »
Payments News on Facebook
Glenbrook Partners

PAYMENTS NEWS IS PRODUCED BY AND IS A SERVICE MARK OF GLENBROOK PARTNERS, LLC
ISSN 1556-4487

Glenbrook's Consulting Services

  • Innovation and Strategy
  • Payments Product Development
  • Payments Market Assessments
  • Payments Vendor Selection
  • Merchant Payments Optimization
  • Payments Risk Management
  •  
  • To discuss how Glenbrook can
    help you
    , email us:

Glenbrook's Payments Education

  • Payments Boot Camps
  • Payments Essentials Webinars
  • Private Payments Workshops
  •  
  •  
  •  
  •  
  • For more information on Glenbrook's payments education, email us:

Tools for Payments Professionals

  • Glenbrook Writings
  • Payments News
  • Payments Views
  • Payments Jobs
  • Payments Education
  • Payments Bookstore
  •  
  • To send us news that you'd like us to cover on Payments News, email us:

Contacts:                        
Compilation Copyright © 2002 - 2015 Glenbrook Partners LLC. All Rights Reserved.
Terms of Use        Privacy Policy        RSS Feed        Payments News RSS Feed

Subscribe to Payments News   

Follow Payments News on Twitter for Real-Time Updates