Sunday , October 22, 2017

Vending

USA Technologies Swings to Profit as Network Continues Growing

USA Technologies Inc., a provider of payment services for vending machines and other unattended merchant locations, said Tuesday the number of connections in its ePort network grew 32% year-over-year to 568,000 as of June 30, and transaction volume nearly as much. The Malvern, Pa.-based firm also reported net income of …

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Sabre Breach Update and other Digital Transactions News briefs

USA Technologies Inc., a provider of contactless-payment devices for vending machines, announced an expanded agreement with JPMorgan Chase & Co. to market cashless-payment capability in self-serve markets. Fast-casual restaurant chain Panera Bread Co. gets more than a quarter of its orders through digital order-ahead transactions, and that excludes digital orders that are paid …

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M-Payment Laundry App Debuts and other Digital Transactions News briefs

• Vending-payments specialist USA Technologies Inc. said the amount of contactless payments for laundry services made with equipment supplied by Setomatic Systems increased 150% from April 2016 to April 2017. Setomatic Systems develops cashless payment hardware and data services for the laundry industry and is connected to USAT’s ePort Connect service. …

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Apriva Receives EMV Certifications and other Digital Transactions News briefs

• Wireless payments specialist Apriva announced it has completed the EMV certification process for VeriFone Systems Inc. POS terminals using its gateway and the Quick Chip certification process on Total System Services Inc.’s (TSYS) platform. Quick Chip is an expedited EMV processing protocol. • Payment gateway Shift4 Corp. said its …

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USA Technologies in Ingenico Deal and other Digital Transactions News briefs

• In related news, Mastercard Inc. said it is making its Masterpass digital wallet available for purchases at vending machines through an alliance with PayRange, provider of an app for vending-based transactions. • Payment and marketing services provider Spindle Inc. said it has a deal to acquire digital-marketing software assets from CoverCake Inc., …

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USA Technologies’ Cashless Rollout Speeds Along, But Profits Elude the Vending Specialist

By Kevin Woodward@DTPaymentNews Six Pepsi-licensed bottlers will use USA Technologies Inc.’s cashless payments devices in 2,120 vending machines, the Malvern, Pa.-based vending-payments specialist announced Wednesday. USAT also released its fiscal second-quarter earnings showing revenue at $21.8 million, but a year-to-date loss of $2.2 million. The Pepsi bottler announcement—for a cooperative …

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Notes on Loyalty: Apple Pay, USAT, VeriFone, FIS

Payments companies are taking strides toward integrating rewards for everyday purchases into mobile wallets, while making it easier to redeem those rewards at point-of-sale terminals. Last month, vending-payments specialist USA Technologies Inc. said it is integrating its MORE. loyalty platform into Apple Pay. The deal is designed to induce more …

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USA Technologies Lets Users Tap Apple Pay Data To Enroll in Its Loyalty Program

Vending-payments specialist USA Technologies Inc. is integrating its MORE. loyalty platform into Apple Pay, the company announced Thursday. The deal is designed to induce more consumers to use Apple Pay at almost 300,000 vending machines that use USAT’s contactless payment technology and to encourage them to use the MORE. program. …

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Nearly a Third of Payments Are Cashless at New USAT Client’s Converted Vending Machines

USA Technologies Inc. (USAT), a provider of electronic payments for vending machines and other unattended locations, said Monday that it is working with Ten M. Corp. to upgrade 1,000 of Ten M’s vending machines with USAT’s ePort Connectcashless payment technology. In addition to cash, the ePort devices will enable the machines to …

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