Cashless Payment Solutions Whitepaper – OTI Brings to Worldwide Merchants

OTI Brings Diverse Cashless Payment Solutions to Worldwide Merchants INTRODUCTION TO OTI On Track Innovations LTD, or OTI (NASDAQ: OTIV), is a pioneer and leading global developer of cutting-edge cashless payment solutions including near-field communication (NFC) products and solutions. For over two decades, OTI has provided enterprises worldwide with innovative technology and solutions that forge new business models, grow […]

Cash Acceptance vs. Cashless Transaction Costs – Part 1

In Depth Look at Costs for Cash and also Cashless Cash is not “free,” and cashless is not “simple.” The lowest-cost payment strategy depends on volume, risk profile, service design, and deployment scale — not headlines. Overview As self-service kiosks continue to replace staffed transactions across retail, QSR, government, healthcare, and unattended payment environments, one question consistently resurfaces: […]

Do cashless restaurants discriminate against the poor?

Fast-casual places are ditching cash for safety and efficiency. Critics say this shuts out poor people, some immigrants and those who just prefer cash. Source: www.washingtonpost.com The global cashless movement has reached Washington, where a growing number of fast-casual establishments and other spots are saying no to greenbacks in favor of plastic and mobile payments. Sweetgreen, the national […]

Cash vs Cashless — The Complete Executive Bundle

Now available on Gumroad If you are making decisions about self-service, payments, or unattended retail in 2026, the question is no longer cash or cashless. The real question is how to optimize the mix for cost, compliance, and customer access. We built this Gumroad bundle to answer that—clearly, pragmatically, and with real-world operator context. Executive Overview The Cash […]

Shake Shack Not Going Cashless After All

[…] order on the iPad, a Google commenter wrote Source: www.eater.com Here is some insight on cash in restaurants. Shake Shack backed off of it but still is working towards cashless. The CEO reasons are:    Safety: We’ve mitigated the very real security risks associated with having large quantities of cash on-site, so we can become a safer place for our […]

Cashless Restaurants – Sweetgreen Taking Cash

[…] from Restaurant Business 4/1/2019 Washington, D.C.-based salad chain Sweetgreen will also start accepting cash again at all of its 94 locations by the end of the year following backlash cashless stores have faced for excluding people without credit cards or bank accounts, the company said last week. ‘Going cashless had positive results, but it also had the unintended […]

Cash Acceptance vs. Cashless Transaction Costs – Part 2

[…] drawer gets impacted by a lower number of cash transactions. Furthermore, it is not expected that a Retailer would reduce the amount of lanes that accept cash or designate cashless-only lanes (very few do). So, in general, the time consumption in starting drawers is not expected to reduce with time. However, we all know the cost of labor […]

San Antonio Federal Credit Union award for cashless kiosk

cashless kiosk The kiosk is currently in place at SACU’s De Zavala location, 12840 West IH-10. Source: www.bizjournals.com The kiosk was the result of a 12-month initiative by SACU to help in-branch customers conduct cashless transactions in real time. The kiosk integrates touch-screen and card scanning technology to create a convenient way for customers to perform transactions […]

Going Cashless at Seattle Century Link Field

By: KIRO 7 News Staff Updated: February 11, 2020 – 5:20 AM SEATTLE — You won’t have to worry about digging around for change the next time you’re at CenturyLink Field. Starting Tuesday, all concession stands, retail, vendors/hawkers and on-site parking will only accept credit, debit and prepaid cards. Those who don’t have a debit or credit card […]

Cashless Stores Backlash – AP News

[…] ironworker, had to stand to the side, holding his taco, until a sympathetic cashier helped him find another customer willing to pay for his meal with a card in exchange for cash. “I had money and I couldn’t pay,” he said. Read complete story published on Oil City News 5/12/2019 Cash Acceptance vs. Cashless Transaction Costs – Part 1

minuteKEY Chooses USA Technologies to Offer Cashless Payments

minuteKEY is migrating 3400 of its self-serve, key duplication kiosks to USA Technologies’ Quick Connect, a secure API that enables the company to off

Source:

[…] back the kiosks, bring back the full menu, and while you’re at it, maybe give us a loyalty program. Until then, you’ve got some explaining to do, Beaver King. Cashless at DIA for Parking Recent news regarding Denver International Airport‘s transition to cashless kiosks at parking facilities. Interesting that for purposes of choice they have retained 4 payment […]