PAYMENT SYSTEMS

  • Nayax and American Express join forces

    By Vending International on November 16, 2022
    Nayax has announced a partnership with American Express across the United Kingdom and European Economic Area markets. Unattended business owners such as vending machine, laundromat, or car wash operators who use Nayax cashless card readers can now accept American Express transactions, giving them a broader opportunity to grow their customer base and revenue. This newly formed partnership brings significant benefits […]
  • Contactless payments transaction to scale $10 trillion by 2027

    By Vending International on September 26, 2022
    A new study from Juniper Research has found that the value of contactless payment transactions will reach $10 trillion globally by 2027; from $4.6 trillion in 2022. It anticipates that investment in the underlying contactless payments ecosystem, such as contactless‑enabled POS (Point-of-Sale) terminals and device-level support, will be the key driver of contactless transactions value growth over the next 5 years. Transition […]
  • ITL celebrates 30-year milestone 

    By Vending International on September 20, 2022
    Innovative Technology Ltd. (ITL), the award-winning provider of cash handling equipment and AI-powered biometric solutions, is celebrating 30 years in business this year.  Founded in 1992 by David Bellis MBE, the Oldham-based firm was created with the aim to design and manufacture cost effective banknote validation equipment. In 1994 the company launched its first product, the NV1, and their iconic […]
  • On track with cashless payments

    By Vending International on August 31, 2022
    Nayax has been supporting WESTbahn, an open access railway company operating express train services on Austria’s Western Railway, since fall 2021. A total of 120 of Nayax’s cashless payment POS devices have been installed in 15 double-decker Stadler KISS 3 trainsets. These payment solutions enable WESTbahn passengers to make cashless payments via mobile phone, debit, credit, or ATM card at […]
  • Nayax in New Zealand

    By Vending International on July 27, 2022
    Nayax is expanding its influence in the southern hemisphere, by entering the New Zealand unattended retail market with its Onyx reader and cashless payment solutions. Nayax’s contactless card reader solutions are designed for all kinds of unattended businesses including vending, self-service laundromats, kiddie rides, automated car washes, public transportation, and more. Dale Smorgon, owner of Ride On! Entertainment, a global […]
  • Nayax enables complete solution for a US unattended operator

    By Vending International on July 27, 2022
    Nayax is providing Tennessee-based Five Star Food Service a comprehensive solution for payments and consumer engagement for their unattended business. Initially, 20,000 devices will be deployed through Five Star’s fleet of vending machines. Nayax’s superior product and support, as well as consumer marketing capabilities were key contributors to Five Star’s increased sales, resulting in the formation of the strong partnership. […]
  • VMC strikes up new partnership with Payter

    By Vending International on July 27, 2022
    VMC, one of the UK’s leading cashless payment solutions providers, has struck up a new partnership with vending payment terminal manufacturer Payter. VMC joins Payter’s established global network of Value Added Partners and is now offering their payment terminals to its customers in the UK. Both pioneers of the vending industry, this new partnership offers many benefits for VMC customers, […]
  • Crypto adoption on way to mainstream

    By Vending International on May 4, 2022
    At the Bitcoin 2022 conference in Miami , global payments provider Checkout.com debuted its Demystifying Crypto: Shedding light on the adoption of digital currencies for payments in 2022 report, pointing to increasingly positive trends in the adoption of and appetite for using digital currencies for eCommerce. The comprehensive report independently surveyed a total of 30,000 consumers and 3,000 merchants in 11 countries, looking at behaviours and sentiments regarding […]
  • Vein ID enabled vending machines

    By Vending International on April 5, 2022
                  FinGo, a UK fintech behind the world’s first biometric identity authentication and payments platform, has struck a partnership with cashless solution experts VMC. It will see the companies create a world first retail vending technology, where users can pay and prove their age through a simple scan of their finger. FinGo’s vein mapping […]
  • Growing awareness and cross-border use of cryptocurrency

    By Vending International on April 5, 2022
    In a new survey from influential blockchain organisation the Stellar DevelopmentFoundation (SDF) and UK-based crypto payments platform Wirex, results show high awareness and growing use of cryptocurrencies for cross-border payments in four key markets: United States, United Kingdom, Mexico, and Singapore. Driving the shift towards crypto as a payment method is frustration with the existing system, with 53% of people surveyed feeling they paid too much in […]