USA Technologies has signed an amendment to its existing agreement with Visa, to expand the deployment of its ePort cashless payment solution for vending machines by another 2,500 terminals, for a total of up to 4,000 terminals, that are expected to be installed in markets across the US.
Reportedly, the ePort terminals were designed to accept Visa payWave, a payment feature that allows consumers to simply wave their Visa card in front of the ePort terminal to pay for their vended purchase. A signature is not required for purchases under $25, and consumers can retain control of the card during the transaction, reducing the risk of fraud.
George Jensen, chairman and CEO, USA Technologies, said: “The agreement with Visa also combines Visa’s support with USA Technologies’ new cashless deployment planning services launched earlier this year, a market analysis that helps customers deploy their vending machines and kiosks in the most lucrative unattended, cashless market segments.”
Stephanie Ericksen, senior business leader at Visa, said: “More and more consumers are using Visa payWave-enabled products for the smallest of purchases. Visa’s collaboration with USA Technologies will expand the number the vending machines that accept Visa payWave, allowing cardholders to simply wave and pay for micro-purchases.”
USA Technologies is a provider of wireless, cashless, micro-transactions and networking services.
