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Table of Contents

Lead Story

Lose the price war, win the merchant

News

Industry Update

Tribul Merchant Services: Bullish on merchants

Visa's vigilance pays off, PCI compliance takes off

When the system is down: Yipes!

Amazon flexes muscles with flexible payments

Cashless vending catches on

Features

Taking the kiosk to the ATM

Tracy Kitten
ATMmarketplace.com

Industry Leader

Mary Gerdts –
Pluck and intergrity lead from bean field to board room

Views

Knock fraudsters down with knowledge

Patti Murphy
The Takoma Group

Certify the good, blacklist the bad

Biff Matthews
CardWare International

Education

Street SmartsSM:
Buyer beware: That means you, dear MLSs

Dee Karawadra
Impact PaySystem

Risk assessment: What you need to know

Ross Federgreen
CSRSI

A real-life approach

Nancy Drexler
Marketing Moguls

Primo processor practices

Adam Atlas
Attorney at Law

The key to EBT

Jason Felts
Advanced Merchant Services Inc.

Banish chargebacks through communication

Steve Schwimmer
Renaissance Merchant Services

Company Profile

All card Processing-AAMonte-USA

3 Delta Systems

New Products

Merchant boarding simplified

Product: Comprehensive merchant application
Company: United Bank Card Inc.

Easy-as-pie PCI compliance

Product: HackerGuardian PCI PLUS Daily Scanning
Company: Comodo

Inspiration

Feed your reps, and they'll feed you

Departments

Forum

Resource Guide

Datebook

Skyscraper Ad

The Green Sheet Online Edition

August 27, 2007  •  Issue 07:08:02

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Cashless vending catches on

Responding to demand for cashless transactions in formerly cash-only environments, MasterCard Worldwide, USA Technologies Inc. and Coca-Cola Enterprises Inc. have embarked on the broadest single deployment of cashless vending machines to date.

Placement by Coca-Cola of about 7,500 USA Technologies' G-6 e-Port machines will double the number of such devices the beverage giant uses nationwide. Coca-Cola found that cashless vending often leads to higher sales volumes. Purchases are fast and convenient for U.S. consumers, who increasingly prefer cashless transactions that do not require signatures.

The G-6 e-Port terminal works in conjunction with MasterCard's PayPass system and employs both contactless and magnetic strip reader technology. The combination allows for improved efficiency because it offers the ability to monitor and manage vending machines online.

So long, cumbersome cash

"The information that these devices provide will enable us to decrease our out-of-stocks, improve our service and help reduce our fuel consumption," said Tom Barlow, Vice President, North American On-Premise Sales and Service, Coca-Cola Enterprises Inc.

MasterCard PayPass uses radio frequency technology to transmit payment details between the PayPass device and the merchant's terminal. The transaction is processed through the MasterCard network for clearing and settlement.

The cashless vending machines will be deployed in several markets, including Atlanta, Boston, Chicago, Denver, Las Vegas, Miami, New York and Seattle. In the past nine months, USA Technologies has placed more than 6,000 vending machines that use the PayPass e-Port.

Further benefits of e-Port technology include the ability for vendors to increase prices without losing volume, reduce theft and vandalism, and enable multiple vends in a single transaction.

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

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Spotlight Innovators:

North American Bancard | Harbortouch | USAePay | IRISCRM.COM | Humboldt Merchant Services