Canadian Vending

News
PayPal Payment Module for eSecure Cashless Vending


April 29, 2008
By Canadian Vending Staff

Montreal – eSecure Peripherals Inc., a Montreal-based cashless payment providers announced in April the development of the PayPal Payment Module (P3M) for networked cashless payment terminals.  Vending patrons can reload their house account using either PayPal or PayPal mobile.

Montreal – eSecure Peripherals Inc., a Montreal-based cashless payment providers announced in April the development of the PayPal Payment Module (P3M) for networked cashless payment terminals.  Vending patrons can reload their house account using either PayPal or PayPal mobile.

To recharge their account, a patron text messages PayPal with a request to add funds to their account.  Within minutes the funds are transferred to their account, ready to use.  With PayPal Mobile, a user can add funds to their account using a cell phone while standing in front of the vending machine.

“eSecure has always been at the forefront of cashless payment,” said Allan Brown, president of eSecure Peripherals.  “We have been looking at alternatives to cash for a number of years; PayPal Mobile is the first mobile payment system that is accessible to both the vending operator and the user.”

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“The combination of PayPal and text messaging puts the cashless vending experience directly in front of the users who are most likely to use cashless payment for their meals.”

Operators using eSecure online products such as eServerFMS and SnapPay can install P3M as an alternative to cash.  They set up a merchant account with PayPal and add the patrons’ Paypal information.  Instructions on the vending machine or eCash station direct the patron through the process.

eSecure Peripherals Inc. is a world wide provider of cashless payment systems for vending and food service.  eSecure makes a broad range of solutions ranging from low cost stored value up to nationwide account payment.   eSecure hardware is installed in locations with as little as one machine up to fleets of three hundred or more vending machines.