PAYMENT SYSTEMS

  • Shaping the future of data in payment systems

    By Vending International on June 19, 2018
    The Payment Systems Regulator (PSR) has launched a discussion paper about data in the payments industry. Payments-related data is becoming increasingly important, and its use is growing fast. As a result, the regulator is examining how this can affect the payments industry and consumers. Hannah Nixon, managing director of the PSR, said: “The UK’s payments sector is rapidly evolving and […]
  • Cash no longer king

    By Vending International on May 31, 2018
    A new report published by Discover Global Network, the payments brand of Discover Financial Services, and UKHospitality predicts that by 2021 the number of payments made electronically – using card, contactless, or mobile devices – will overtake the number of those made in cash. The report, entitled Future of Payments, combines insights and data from some of the UK’s leading […]
  • Payment trio at Venditalia

    By Vending International on May 29, 2018
    Suzohapp will be presenting a combination of payment systems to the vending market when Venditalia opens its doors next week. François Profit, executive vice president EMEA – automated services said: “We are excited to attend the upcoming Venditalia which will take place in Milan from June 6th to June.” With its recent acquisition of Coinco product lines, Suzohapp extended its […]
  • Nayax adds new mobile payment app to its range

    By Vending International on May 18, 2018
    Nayax, the provider of cashless payments has added add the mobile payment app TWINT to its range of payment methods for its card readers. TWINT is the latest cashless payment method integrated into Nayax’s VPOS product line of card readers, intended for unattended automatic machines. Cashless payments and smartphones are commonplace across Europe, and Swiss-developed app TWINT combines these two […]
  • Suzohapp acquires the primary product lines of Coinco

    By Vending International on April 12, 2018
    Suzohapp has announced that it has completed the acquisition of the primary currency and cashless product lines of Coinco, a specialist in the design and manufacturing of payment solutions for the vending industry, based in St Louis, Missouri. Founded in 1958, Coinco specialised in product development, providing the market with a wide range of value-added payment solutions, including its coin […]
  • National roll-out of vending app 

    By Vending International on January 25, 2018
    Broderick’s new vending loyalty app Pay 4 Vend, said to be a UK first for the sector, is available to customers throughout the UK following a successful pilot programme. Created in association with graduates from Manchester Metropolitan University and Italian tech giants COGES, Pay 4 Vend is a customer engagement device, a payment tool and a loyalty builder. Its big […]
  • Paper £10 phased out in March 2018

    By Vending International on November 15, 2017
    The Bank of England has announced that following the successful launch of the new Jane Austen £10 note on September 14, legal tender status of the paper £10 note featuring Charles Darwin will be withdrawn on March 1, 2018. The notes can be used normally until then but businesses should develop plans to stop accepting and dispensing them after the […]
  • All age groups want contactless

    By Vending International on November 9, 2017
    The latest research from Vianet, the smart machine provider for the vending and hospitality industries, has revealed that all ages are adopting contactless payment, with every age cohort at least twice as likely to use contactless payment for lunch than a year ago. The research, which has been taken from a proportionally representative panel of 2,000 consumers, discovered that one […]
  • Vendmanager Datakey: making data-reading at the machine simple, fast and accurate

    By Vending International on October 9, 2017
    Following overwhelmingly positive feedback at AVEX at the NEC, and at the recent AVS Conference in Portugal, SB Software has confirmed that its latest product Vendmanager Datakey is already available for sale. Datakey allows operators to fill more machines per day, while improving accuracy and security, with meter readings extracted direct from the machine, eliminating user error. Detailed sales data […]
  • There’s more to smart pay than a mobile phone

    By Vending International on September 28, 2017
    The latest research from Vianet has revealed that people are twice as likely to use their smart phone to pay for lunch than they were a year ago. The statistic, taken from a proportionally representative panel of 2,000 consumers, echoes figures released by World Pay stating that the number of mobile transactions as a percentage of all in-store transactions has […]