KIOSK (KIS) acquired by Posiflex Editor Note: The acquisition of KIOSK by Posiflex is official. In a blockbuster deal Posiflex is expanding from its historical POS transactional market into the self-service kiosk market in a huge way. With a Posiflex market cap of over $11 Billion, KIOSK becomes part of a company over twice the size of NCR,… Read More »
Editors Note: Thanks to Olea Kiosks for sending update to us here at Kiosk Industry. Olea provides bill pay services. Update: March 22, 2018 @ 4:00pm ET Bill Pay TIO Networks Provides Second Update on Suspension of Operations After careful consideration, PayPal has decided to not restore TIO’s services and will wind down TIO’s business accordingly. We thank… Read More »
Western Union Bill Pay Kiosks Customers can now remit money on a 24/7 basis with over 580 kiosks conveniently located across the UAE Source: www.marketwatch.com http://www.marketwatch.com/story/western-union-launches-self-service-money-transfer-kiosk-service-in-the-uae-2014-09-30 The company significantly expands its network in the UAE by activating the Western Union money transfer service on more than 580 kiosks – which are strategically placed in shopping malls, supermarkets, residential… Read More »
The ability to dispense cash from your kiosk can be invaluable for making change and reducing the need for human cashiers. Traditional bill acceptors only accept cash, but bill recyclers have the ability to both accept and dispense cash like a human cashier Source: blog.kiosksimple.com Your customers will appreciate your kiosks giving them change in bills, rather than dispensing a mountain of… Read More »
In one visit to the QPAGOS kiosk, customers can also top up their mobile phone, pay their electric, gas, telephone and water bills, as well as pay for municipal services, entertainment services, transportation, and many more payment services.Click here to edit the content
Source: www.marketwatch.com
40 of 56 kiosks have been deployed so far with the balance expected to be deployed by the end of August; while over 20 mobile tablets with printers were deployed with a potential of over 70 deployed by the end of the year.
Olea G2E Press Release LOS ANGELES, Calif., October 10, 2019 — Olea Kiosks of Los Angeles welcomes the Franklin Bill Payment kiosk as the newest addition to its self-service line-up. This secure and versatile kiosk is built to accept payments of any kind, anywhere. The Franklin Bill Payment kiosk has the ability to accept and dispense dollar bills, dispense… Read More »
A look into the creation of MoneyGram’s new self service kiosk solution. Source: www.youtube.com Nice promo video by MoneyGram on new financial service kiosks Post Views: 172
KIOSK will feature MoneyGram’s new self-service money transfer and electronic payment kiosk solution at NRF’s 2015 Big Show (booth 4235). Source: www.businesswire.com Post Views: 152
One of my favorite things in the world is playing with computers. Whether building them or using them, I am as happy as can be. We computer nerds get hungry, however, and we need to fuel our bodies. Sure, some of us nerds eat healthy (Mark Wilson is a vegetarian), but fast food and caffeinated beverages are still staples… Read More »
Bill jams are commonplace when your kiosk accepts cash payments. No matter how advanced the bill acceptor, there’s always that guy that inserts a bill covered in mud, or something worse, and gums up the device. Source: blog.kiosksimple.com Good pointer on EBDS and the Crane/MEI SC bill acceptors for kiosks. Bill Jam is a supported error code for sure. For multiple BAs… Read More »
NCR, the global leader in consumer transaction technologies, announced today that the NCR SelfServ 90 will be deployed by Ryohin Keikaku Co, Ltd. in Japan. Source: www.ncr.com This is the latest unit that NCR debuted at NRF 2015. Here is link for brochure Post Views: 134
Fiscal 2014 was good to TIO Networks as well and saw the company pump up revenues 25% from the preceding cycle to $50.87 million with gross margins for the year also experiencing a bump to 29.4% from 21% reported a year ago. Source: www.stockhouse.com Keeping up with Hamed Shahbazi at TIO. 2015 looks to be another breakout year… Read More »
Activation and issuance of DubaiCard will take less than a minute Source: gulfnews.com Sallie Henry, contracts manager at National Pay, said that there will be 200 kiosks in Dubai in phase one and expansion to other emirates. To get a card, she said that a customer needs to have the passport or Emirates ID. The Emirates ID… Read More »
Casual-dining chain’s tests tablets; burger brand tests kiosks, supplier Microsoft says Source: nrn.com Fridays’ tablet test uses new “Fridays Service Style” technology based on Windows 8.1 with Oracle’s MICROS Restaurant Enterprise Solution (RES) 5.4 on the Dell Venue mTablet E-Series mobile point-of-sale devices, the Redmond, Wash.-based software company said. Post Views: 144
Learn more about ARCA here: www.arca.com Since 1998, ARCA has been helping people find better ways to automate financial transactions in bank branches, … Source: www.youtube.com ARCA is definitely one of the leaders in financial technology. The Alliance with HP only increases their spread. Another smart move by a smart company. ARCA Focus Banking – financial institutions.… Read More »
Press release issued by ARCA today. The addition of the cash recycler is big news plus the new Android support. At some point ARCA will abstract these devices into network appliances, and cash is still 50% and holding steady (and growing some). ARCA’S ENVOY™ PLATFORM NOW FULLY INTEGRATED WITH CRANE PAYMENT INNOVATION’S (CPI) MEI SCR AND SC ADVANCE… Read More »
Announcing newest Bill Pay Kiosk Outdoor thru wall JACK in a small city market. JACK Flash Update: The city of Winnsboro has a population of around 3400 & about 1000 water accounts. Winnsboro JACK went live Sunday, July 19th, & during only the first three days of operation JACK completed over 60 successful transactions (payment times range from… Read More »
In the US, cash in circulation grew 42% between 2007 and 2012 (Credit: Getty Images)
Source: www.bbc.com
Read the entire article on bbc.com — It’s tempting to forecast the demise of cash. In fact, people have been predicting the end for physical money for nearly 60 years. With the rise of credit cards, contactless payments and cryptocurrencies like Bitcoin the death knells have only gotten louder.
The Netherlands is an interesting case study to look at more closely, because their retail sector has recently embraced card payments in a big way. There are now 1,400 supermarkets in the Netherlands with registers that don’t accept cash.
In the UK, half the transactions by consumers in 2013 were with cash
As a result, card payments in the Netherlands have been growing by about 7 to 8% annually over the past few years. And yet, cash is still king. In 2012, there were 2.7 billion card payments, but an estimated 3.5 to 4 billion payments were made with cash. “Even in supermarkets which all accept debit cards, cash is still used heavily,” Jonker says. “For the time being we think cash will keep on having an important role.”
Studies of other nations tie in with these finding
excellent writeup on cash dispensing, cash recycling. cash is 50% of transactions.
Source: blog.kiosksimple.com
DTE Energy bill payment kiosks DETROIT, Aug. 19, 2015 /PRNewswire/ — The DTE Energy kiosk has become the company’s fastest growing bill-payment… Source: www.prnewswire.com The number of kiosks has grown from five to 25, located at DTE payment centers and neighborhood Rite Aid drug stores, primarily in Detroit. Many of the drug stores are open 24 hours a… Read More »
DMV Maryland News Maryland drivers who have unpaid traffic citation fines have a new way to pay it off. The new bill pay kiosk can be used to pay the following district court traffic citations: – Speeding tickets – Seat-belt violations – Failure to display license on demand – Driving without current tags – Failure to stop at… Read More »
Ovum recently conducted a global survey of 300 retail banking executives to ask about their greatest branch challenges today, and where they believed the challenge might shift in the next few years. Source: loyalty360.org Post Views: 115
More than 670,000 people have obtained the identification cards since the program began in January. One of the program’s goals is to help many of those people obtain bank accounts. But some of the biggest banks in the city — including JPMorgan Chase,Bank of America and Citigroup — will not accept the cards as a primary source of identification, even though their federal regulators and some smaller banks have approved their use.
Source: mobile.nytimes.com
Good article on unbanked in New York, Thanks Kirk at ARCA!
A speedy way to pay your speeding ticket When General Payment Systems, Inc. (GPSI) made the move into courthouse payment systems, they needed a compact solution that focused on a number of criteria including efficiency and reliability. The company found the perfect product thanks to an innovative cash recycler from Crane Payment Innovations. “We were moving into the court space and ultimately… Read More »
Self-service bill pay kiosks throughout the county are now accepting county real estate tax payments.
Source: www.indeonline.com
Three new locations for taxes can be paid at the kiosks by check, credit/debit card or ACH check
Renewing your Ohio vehicle registration might soon be as easy as a trip to your local supermarket. Source: www.cleveland.com The Ohio Bureau of Motor Vehicles is preparing to test self-service kiosks in supermarkets in Cleveland, Cincinnati and Columbus, according to the Ohio Department of Public Safety. The machines are part of the agency’s “BMV4U” pilot project set to… Read More »
MEBANE, N.C., Jan. 12, 2016 /PRNewswire-iReach/ — ARCA, a global leader in the development of cash automation technology for banks, retail locations and self-service kiosks, today announced that it will demonstrate a three-level cash management approach at the NRF’s Annual Convention & EXPO, the United State’s premiere event for retail innovation, to be held January 17 – 20, in New York City.
Source: finance.yahoo.com
NRF’s Big Show 2016 focuses on the latest retail technology and trends. Cash handling has been identified as one of the major problems for retailers all around the world. ARCA’s retail product range features a wide selection of hardware and software that adapts to various store formats and different retail needs.
KIOSK Information Systems to Demo New Bill Payment Software at the 2017 NRF Big Show, Booth #3805
Source: www.businesswire.com
Tom Weaver, states, “Without question, bill payment is KIOSK’s most consistent and dominant market application. Many of our clients are in their second or third generation of self-service having already proven the enormous impact of automating literally millions of transactions each year. The ROI on in-store bill payment has moved it from a ‘nice to have’ in-store feature to a ‘must-have’ element to maximize store profits.”
Expands PayPal’s Reach Into the U.S. Bill Payment Channel with More Than 10,000 Supported Billers, 65,000 Over-the-Counter Locations and 900 Operated Kiosks
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Source: corporate.tionetworks.com
Hamed Shahbazi, Chairman and CEO of TIO, remarked, “We founded TIO to make speed and access part of the bill payment experience for the underserved, and we believe that we have created affordable products to serve the needs of all customers. Our mission fits perfectly with PayPal’s vision to democratize money. As part of the PayPal team, we believe we will accelerate our growth through expanded distribution and continue increasing access to more billers and services.”
The Republic | azcentral.com Published 12:10 p.m. MT Feb. 23, 2017 | Updated 12:24 p.m. MT Feb. 23, 2017 “There’s been a noticeable increase in kiosk usage since we implemented the cash option,” said MVD Director Eric Jorgensen in a statement. “Compared to a year ago at this time, the kiosk usage has increased more than 50 percent.… Read More »
The road to creating a payment kiosk is fraught with pitfalls that can wreak havoc on your bottom line if you’re not careful. In this article I’m going to cover the 12 most common pitfalls I’ve seen companies fall into when building their first payment kiosk. It was hard to limit the article to only the top 12,… Read More »
Customs Duty Payment Kiosks Upgraded to EMV While Passing Ten-Year Milestone November 14, 2017 – YORK, PA. Bermudians love to travel and shop, in fact Bermuda residents are among the most traveled populations in the world. In 2006, Bermuda’s H.M. Customs authority recognized the need to help speed travelers through the arduous task of completing a declarations form… Read More »
Reprinted with permission from Olea Kiosks news 3/16/2019 Considerations When It Comes to Bill Pay Kiosks The Bill Pay Kiosk, Underbanked and Unbanked in 2019 There are all sorts of situations where a company needs to accept regular payments from their customers. Utility payments, cellphone bills and store credit cards are just a few of the situations where… Read More »
…Ticketing, Food Ordering, and Hotel Check-in which makes it an ideal candidate for casinos as they can deploy the same look and feel across a number of different guest services….
Bill Payment Kiosks Kiosk cooling: TECA Model AHP-451XE Peltier coolers are protecting over a dozen customized bill-pay kiosks. This example illustrates the power of TECA’s smaller air conditioner models. With just over a 100 Watts of cooling power, the AHP-451XE is meeting the thermal requirements of this fairly large (over 4’ tall) kiosk. Housing heat sensitive equipment including computing core,… Read More »