Some of the largest point-of-sale providers in Canada sat down with Canadian Vending and Office Coffee Sales to discuss how cashless vending is evolving. With more consumers using cell phones and making online transactions, we started analyzing the technological trends and asked what the future holds.
Think of implementing cashless payment methods in your vending machines as the equivalent to giving your customers buckets of change. If someone can use a credit card, smart phone or other payment method, then they have no reason to pass by your machine without making a purchase and no reason to limit the amount they spend.
Newton, MASS – Paytronix Systems, Inc., an innovator in online payment and marketing systems, announced the next version of its branded mobile app with native online ordering, a self-service content management system.
Portland, OR – Cecil Ledesma, a veteran of cashless payment systems at USA Technologies has recently joined the ranks of PayRange Inc., as vice president of enterprise sales.
Parlevel Systems, a technology provider for vending, coffee and micro market operators, has announced an integration with Quickbooks accounting and bookkeeping software.
Quebec – The U.S. Securities and Exchange Commission has created a new unit to monitor bitcoin after filing charges against PlexCorps, a Quebec cryptocurrency company that was promising investors returns of 1,354 per cent in 29 days or less. CBC News reports. | READ MORE
Toronto – Google has introduced Android Pay in Canada, enabling Android users with participating cards to make Interac Debit, Visa, Mastercard and American Express credit card purchases with their Android mobile phone or tablet.
Toronto – Canadian consumers and businesses are using the Interac e-Transfer service at record levels with more than 158 million transfers made over the platform in 2016, Interac Association/Acxsys Corporation (Interac) said in a news release.
Toronto – India mobile payments and commerce company Paytm has launched bill payment service for Canadians.
Hermosa Beach, CA – Virtual Piggy is working with Univest Bank & Trust Company on a child-focused payment application and services designed to empower children 17 and under to become direct buyers with regulatory and parental controls built in. Finextra reports. | READ MORE
Alpharetta, GA – Ingenico Group recently reported more than 200 per cent year-over-year growth in shipments of its suite of iSelf Series solutions as a result of new additions to the Ingenico Group Unattended Partner Program.
San Jose, CA – Payments and commerce company Verifone is collaborating with FIS, a financial services and payment technology manufacturer, to allow consumers to pay with loyalty points linked to their credit or debit cards at the point of sale.
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