Tag: Apple Pay

Canadian vending machine mobile payments are poised to take off

The CNVA has announced that it is preparing to roll out mpayments across the country.

A new announcement from the Canadian National Vending Alliance (CNVA) included the roll-out of vending machine mobile payments nationwide. The CNVA intends to launch machines compatible with smartphone transactions throughout Canada.

In order to complete that roll-out, the CNVA has been working with PayRange and its BluKey dongle.

The new partnership with PayRange has made it possible for the BluKey dongle to be installed in existing machines. In this way, contactless vending machine mobile payments can be accepted via the PayRange app. That mobile application accepts all major credit cards. It is available to both iOS and Android device users.

Vending Machine Mobile Payments - Vending MachinesSteve Tremblay, the president of CNVA, stated: “with more people becoming increasingly cashless, we realized we needed a mobile payment solution to bring to all our machines.”

This addition of vending machine mobile payments has been deemed a prudent step ahead.

After all, USA Technologies vending machine solutions provider in the United States recently released interesting research findings. They indicated that revenue increases were possible through self-service POS terminals for which Apple Pay functionality has been properly advertised. This indicates that there is a growing interest in mobile payments among consumers.

While there have been many barriers in the way of adopting mobile payments, consumers are starting to show interest. Those invested in this market hope consumers will see the convenience of mobile wallets in these self-service areas. This could lay the foundation for broader use after consumers become more accustomed to using their smartphones to pay.

Still, it is important to recognize that Apple Pay remains the best known mobile wallet in the world. Compared to its rivals, it has managed a certain degree of popularity. The launch of the vending machine mobile payments occurs at a time when far fewer consumers have downloaded – or even heard of – the PayRange app. It will be interesting to see what percentage of consumers will be drawn in by the mpayments option when they decide to make their next purchase from a vending machine. Particularly as exact change is increasingly inconvenient.

PayQwiq mobile payments will launch at Tesco this year

The smartphone transaction service will be rolled out across the United Kingdom before the end of 2016.

Tesco has announced that it will be rolling out its PayQwiq mobile payments service across the United Kingdom. Its services will become fully available now that it has undergone its trials successfully.

This mobile payments service is meant to make it faster and easier for customers to complete the checkout process.

The PayQwik mobile payments service lets consumers link credit and debit cards to the app. With this mobile application, they can pay for items purchased online or in store. To complete the transaction, they must scan QR codes displayed on-screen. The application also makes it possible to collect Clubcard points. Therefore, the points card doesn’t need to be scanned separately.

Until now, the PayQwik mobile payments app was available only in London and Edinburgh.

PayQwiq mobile payments - Tesco StoreMoreover, the mobile app could be downloaded only by those with an invitation. That said, its availability will now be broadening to include consumers at 600 stores throughout those two original cities. Stores in Plymouth and Northern Ireland will also be included in this next wave. The app is compatible with Android and iOS smartphones.

This mobile wallet places Tesco in direct competition with Apple Pay and Android Pay within its stores. That said, the PayQwik mobile wallet functions only within Tesco stores so the competition stops there. Among the main reasons it has an advantage over the competition while in-store is that it lets customers use their Tesco Clubcard within the app.

This is appealing as it doesn’t require people to have to make PayQwik mobile payments only to have to fish a plastic loyalty card out of their wallets. Both types of transaction occur automatically and digitally. All that is required in order to complete both processes is the scan of a QR code.

A spokesperson from Tesco Bank explained: “At Tesco, we are always looking to make the shopping experience simpler and easier for customers and that’s why we’ve developed PayQwiq.” So far, customer feedback on the service has been “very positive,” said the Tesco spokesperson.