Fresh from its $85 million acquisition of Cantaloupe Systems Inc., USA Technologies Inc. reported Thursday that it added 311,000 net new connections to its network of vending machines and other unattended card-accepting merchant locations in the quarter ended Dec. 31. Approximately 270,000 of the new connections came from Cantaloupe, a …
Read More »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 …
Read More »Are Subdermal NFC Payments Over the ‘Internet of Us’ the Next Big Thing?
A Wisconsin supplier of kiosks for employee break rooms is getting national attention in the wake of its announcement that it plans to implant radio-frequency identification microchips in the hands of volunteer employees Aug. 1, chips the company says will support payments. Three Square Market, based in River Falls in …
Read More »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 …
Read More »M-Payment Laundry App Debuts and other Digital Transactions News briefs
• Washlava, a startup focusing on self-service laundromats, release its mobile app that enables users to reserve an LG Giant commercial washing machine and pay for the use via the app after tapping the phone against the machine. • Vending-payments specialist USA Technologies Inc. said the amount of contactless payments for laundry …
Read More »Apriva Receives EMV Certifications and other Digital Transactions News briefs
• Mastercard Inc. said it has completed testing of a biometric-enabled payment card in South Africa. The card contains fingerprint scanning technology. Cardholders enroll their fingerprints at their financial institutions, which are then stored as a digital template on the card. The card can be used in an EMV point-of-sale terminal. Mastercard …
Read More »USA Technologies in Ingenico Deal and other Digital Transactions News briefs
• USA Technologies Inc. announced it will work with point-of-sale terminal maker Ingenico to make Ingenico contact-EMV hardware available to providers of vending machines and other unattended terminals that use USAT’s network for contactless payments. • In related news, Mastercard Inc. said it is making its Masterpass digital wallet available for purchases …
Read More »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 …
Read More »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 …
Read More »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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