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Table of Contents

Lead Story

Cooperation spurs progress in 2012

News

Industry Update

Experts doubt SAFE WEB Act slows cyber crime

CFPB seeks to refine money transfer rules

Retailers appeal preliminary approval of settlement

Technology spurs cashless adoption

Features

AmEx, Wal-Mart, partner on prepaid debit card

Going postal with financial services

ISOMetrics:
The prognosis for payments - 2013

Selling Prepaid

Prepaid in brief

Blumenthal bill targets gift card fees, expiration dates

First ATM-dispensed, multibrand gift card program in pilot

Views

The confusing state of mobile

Patti Murphy
ProScribes Inc.

Education

Street SmartsSM:
Five predictions for 2013

Jeff Fortney
Clearent LLC

Making sense of 'sensemaking'

Dale S. Laszig
Castles Technology Co. Ltd.

No reservations about mPOS at eateries

Rick Berry
ABC Mobile Pay Inc.

Crunch time for holiday shopping data

Nicholas Cucci
Network Merchants Inc.

Subtle but crucial factors in portfolio sales

Adam Atlas
Attorney at Law

Empower your email

Brian Jones
Harbortouch

Company Profile

American Microloan LLC

New Products

POS with a higher purpose

HioPOS Plus
Regal Payment Systems LLC

More leads in less time

Press 1 Campaign
Live Reps Call Center

Inspiration

Change be with you in 2013

Departments

10 Years ago in The Green Sheet

December 23, 2002 Issue 02:12:02

Forum

Resource Guide

Datebook

Miscellaneous

2013 events calendar

Skyscraper Ad

The Green Sheet Online Edition

December 24, 2012  •  Issue 12:12:02

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Technology spurs cashless adoption

Evidence that the self-service payment sector is growing can be found in two recent developments. USA Technologies Inc. is equipping its vending machines to accept near field communication- (NFC) based payments via the Isis mobile wallet. And VeriFone Inc. said gas station customers can now buy lottery tickets at VeriFone PayMedia-equipped pumps in Minnesota.

Vend and conquer

On Dec. 3, 2012, USAT said up to 7,500 vending machines will be equipped with NFC to accept Isis Mobile Wallet payments. The vending machines accept Isis payments through USAT's NFC-enabled ePort technology and ePort Connect service platforms. Customers tap their Isis-enabled mobile devices on ePort terminals to initiate the NFC payments.

The Isis-enabled vending machines will initially be found in Austin, Texas, and Salt Lake City - the only cities where Isis is currently available. Isis Chief Sales Officer Jim Stapleton said vending payment expands the list of places where consumers can use the mobile wallet.

Stephen Herbert, USAT Chairman and Chief Executive Officer, said, "Our work with Isis sends a clear message to vending companies in these two cities - and to the broader market we serve - that there is tremendous opportunity in cashless adoption. Through the Isis Mobile Wallet, we believe these merchants will have unparalleled new opportunity to attract consumers, as well as participate in marketing programs with global brand names."

'Play' at the pump

In a Nov. 29 statement, VeriFone said its "play at the pump" implementation represents an untapped market segment for state lottery commissions. The Minnesota State Lottery agreed to a trial of the technology at nine Minneapolis-area locations. VeriFone's lottery-enabled pumps use the Linq3 payment platform, which allows lottery ticket sales at ATMs and other unattended POS devices. Consumers can buy Powerball and Mega Millions tickets using debit cards at the same time they buy gas. The first sale of a lottery ticket from a Minnesota gasoline pump occurred Nov. 13.

Ed Van Petten, Minnesota Lottery Executive Director, said play at the pump will increase the sale of lottery tickets and help lottery retailers grow their businesses. "This delivery method reaches a casual player who may want the convenience of making a lottery purchase while at these locations," he noted.

Lottery consumers are age-verified and enrolled at the pump, according to VeriFone. Winnings under $600 are automatically deposited to customers' debit card-linked accounts. Consumers can check purchases online and sign up for mobile text notifications.

"Many consumers forget to play the lottery or just simply don't have the time to make an extra stop, so VeriFone's media solution makes it easy for them to play," said Jennifer Miles, Executive Vice President at VeriFone North America.

For additional news stories, please visit www.greensheet.com and click on "Read the Entire Story" in the center column below the latest news story excerpt. This will take you to the full text of that story, followed by all other news stories posted online.

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