PAYMENT SYSTEMS

  • Crane Merchandising Systems merges into Crane Payment Innovations

    By Vending International on July 6, 2020
    EVA member Crane Merchandising Systems, a provider of cold drink, snack, food, and premium hot beverages has merged with fellow EVA member Crane Payment Innovations (CPI), a specialist in banknote and coin validation, cashless payment, cash processing, and asset management software. With this merger, Crane Merchandising Systems portfolio will integrate with the CPI line of note and coin validators, software […]
  • COVID-19 impact on cash payment threatens industry viability

    By Vending International on May 22, 2020
    With ‘dirty cash’ identified as a medium for transmitting COVID-19 the final curtain is slowly closing on cash payment – clearing the way for another stellar rise in contactless payment. For a long time cash has been king in the Vending market, however with innovation in contactless payment technology and corresponding growth in consumer adoption, momentum has steadily grown towards […]
  • New PIN verification rule impacts vending

    By Vending International on April 28, 2020
    Last month the UK entered a new era for contactless payment, which effectively means consumers will be asked for verification by PIN after five contactless transactions. VI spoke to Worldline’s Paul Weston about the changes and the significant impact it might have on the vending industry. The new legislation, the second Payment Services Directive (PSD2) came into play on March […]
  • Extra 7m contactless payments as new £45 limit kicks in

    By Vending International on April 28, 2020
    Less than a month since the introduction of the new £45/€50 contactless limit in the UK and Ireland, Barclaycard, which handles half of all contactless transactions in the UK, has processed over seven million contactless payments above the previous limit of £30, and up to the new £45 limit. This means that up to 7 million additional cardholders have been […]
  • Telemetry devices also need to be ready for 4G migration, warns Nayax

    By Vending International on April 27, 2020
    As the US switches to the next generation of communication protocols, telemetric devices are among the most vulnerable. At present approximately 85 million devices in the US use 3G and fleet management technology is expected to be the most affected by the 4G migration. In the US, the 3G shutdown will be complete by 2022. While there is no one […]
  • Contactless limit in UK to increase to £45

    By Vending International on March 27, 2020
    The spending limit for contactless card payments will be increased from £30 to £45, with a national roll-out beginning from April 1, 2020, UK Finance has announced. The decision to raise the limit was taken following consultation between the retail sector and the finance and payments industry and follows similar increases in several other European countries over the past week. […]
  • New electronic payment specification

    By Vending International on March 19, 2020
    The European Vending & Coffee Service Association (EVA) has published Version 2 of its Electronic Payment Specification (EPS). The EVA EPS defines a minimum set of requirements to be followed by vending machines and electronic payment systems to ensure mutual compatibility. Both hardware and software/communication specifications were covered in the initial version as well as this comprehensive update. The EVA EPS also includes […]
  • Suzohapp to showcase its core vending solutions at Vendex North

    By Vending International on October 27, 2019
    Suzohapp, specialist in payment systems and cash management solutions, will be exhibiting its core vending solutions at Vendex North on October 30 at Leeds Football Club. Vendex North 2019 is the ideal platform for Suzohapp to show its solution with major highlights including the Currenza C2 coin recycler, the WorldKeycashless solution and the new E-PRLelectronic reprogrammable lock. The 6-tube coin recycler […]
  • Payment industry expert appointed MD at Nayax Japan

    By Vending International on July 8, 2019
    Nayax has announced that Takane Nakamura has joined the Nayax family as managing director, Nayax K.K. in Japan. Mr Nakamura will be leading Nayax’s activities in the Japanese market. He brings years of experience and knowledge in the payments industry having spent the past four years as CEO and managing director at Ingenico Japan K.K. His depth of knowledge about […]
  • Nayax introduces consumer loyalty app

    By Vending International on May 13, 2019
    Global fintech company Nayax is launching a new version of Monyx Wallet, its payment app with added consumer engagement capabilities. For operators of unattended, automated businesses using Nayax cashless payment solutions, this marketing platform enables digitisation of retail marketing concepts, offering consumers engaging campaigns with rewarding saving opportunities. With a direct channel to communicate with consumers, operators are able to […]