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 …

By Kevin Woodward@DTPaymentNews Vending payments specialist USA Technologies Inc. says promoting Apple Pay at the point of sale produced a 36.5% increase in overall sales and a 55.5% increase in revenue from contactless purchases. Malvern, Pa.-based

With little fanfare, unattended-payments provider USA Technologies Inc. (USAT) has built an outsized share of the still-small but rapidly expanding base of merchant locations in the United States that accept near-field communication (NFC) contactless transactions—the type of transactions generated by smart phones using the Apple Pay, Google Wallet, and pending …

By Jim Daly Global Payments Inc., the biggest processor swept up in the Consumer Financial Protection Bureau’s April lawsuit against allegedly fraudulent debt collectors, came out with guns blazing Thursday in its first response to the CFPB’s complaint. “The CFPB’s attempt to hold Global [Payments] responsible for the actions of …

In what amounts to a reminder about an unanticipated consequence of the Durbin Amendment debit card regulations, USA Technologies Inc. (USAT) reported Wednesday that it had extended its agreement with Visa Inc. that provides the vending-machine payment network operator with favorable pricing on small debit transactions. The news wasn’t a …

Isis, the object of skepticism this summer because of delays in rolling out its mobile-payment system based on near-field communication (NFC) technology, might be about to gain some traction thanks to a new agreement with vending-machine payments provider USA Technologies Inc. (USAT). In a little-noticed disclosure last week, Malvern, Pa-based …

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The Cato Institute’s Nicholas Anthony warned recently that the Biden Administration is waging “a war on (payments-industry) prices.” The payments industry provides services funded by a range of fees paid by consumers and businesses. Demagogic regulators and politicians pillory industry fees as exploitative, as “junk fees,” and “a tax.” These …

We know you’re not looking for problems. But they are looking for you. Here’s our annual catalog of the ones causing the most headaches. If adversity breeds strength, as the old saying goes, then payments professionals may have plenty of opportunity to develop their strategic and tactical biceps. The industry …

Central banks do something no one else can: they arbitrarily computer-click digital statements, and get people to regard them as tradeable instruments of value. They do so on the basis of a vague claim that this fiat currency reflects the wealth of the nation. It is not entirely a baseless …