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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.

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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 »

May 06, 2006

Mobile Phones: A Key Player in Proximity Payment Systems

Michael L. Kasavana, NAMA endowed professor in hospitality management at Michigan State University, writes for AMonline about the evolution of vending machines to support contactless proximity payments.

READ MORE »

April 21, 2006

PayPal Mobile And Vending Machine Payments

Automatic Merchandiser reports on eSecure Peripherals, a Montreal, Canada-based cashless payment provider and their PayPal Payment Module for networked cashless payment terminals.

READ MORE »

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