Contactless payment in a wide range of self-service retail applications is catching on, but how quickly? A representative of USA Technologies recently predicted contactless dominance in all retail venues, including vending, within just two years. That’s a pretty big statement, considering that the majority of cards in people’s wallets today have a mag stripe…and those people are not yet familiar with tapping. It has taken Americans over a decade to really embrace “swiping” and feel comfortable with the security of this type of payment method. We think a safer bet is the growth of contactless mobile payment, especially considering the fact that most people today carry a mobile device. This is where the opportunity for contactless payment growth lies, yet even so, it may be still too early to make any certain predictions. (more…)

Everyone is going ‘green’ these days and vending customers are no exception.  They are looking for partners who can help their business move forward as a more responsible corporate citizen.  A vending operator can be a clear contributor to this ‘sustainability’ effort by incorporating telemetry technology into how they run their operations.  (more…)