Tag Archives: payment kiosks

Payment kiosks are interactive, self-service terminals that allow customers to make payments without needing to interact with a human cashier. They are becoming increasingly common in a variety of businesses, from retail stores and restaurants to transportation hubs and government offices.

Here are some of the benefits of using payment kiosks:

Convenience: Kiosks are available 24/7, so customers can pay their bills or make purchases at any time.
Speed: Kiosks can process payments quickly and efficiently, which can help to reduce wait times for customers.
Accuracy: Kiosks are less prone to errors than human cashiers.
Cost-effectiveness: Kiosks can help businesses to save money on labor costs.
Data collection: Kiosks can collect data on customer transactions, which can be used to improve business operations.
Here are some of the challenges of using payment kiosks:

Cost: Kiosks can be expensive to purchase and maintain.
Technical problems: Kiosks can sometimes malfunction, which can frustrate customers.
Lack of human interaction: Some customers may prefer to interact with a human cashier.
Overall, payment kiosks offer a convenient and efficient way for customers to make payments. However, it is important to weigh the benefits and challenges of using kiosks before implementing them in a business.

Merchant Acquirers Think the EMV Migration Is a ‘Big Joke’

If you’ve been sifting through your wallet and counting the increasing number of chip-enabled cards you can find in there, you’re probably becoming more and more confident that EMV is finally happening in the U.S.

Source: www.paymentssource.com

Key basis — According to a DDPR survey of 26 ISOs and acquirers in the first quarter, only 30% had an interest in pursuing a partnership or a vendor relationship for EMV. That compares to 72% for mobile point of sale, 68% for digital loyalty, 62% for semi-integrated payments solutions, 58% for integrated payments and 46% for e-commerce gateway.

Bill Pay Kiosk – Outdoor thru wall Jack

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 »

Premier Tax Free Shopping self-service kiosk refund platform

Premier Tax Free Shopping unveils self-service refund platform

Source: www.moodiereport.com

The kiosk is connected to all till points in-store, and automatically recalls the purchase information as soon as the receipt is scanned. 

Using inbuilt scanners, the tourist can simply scan their passport and sign the form using an inbuilt signature pad. Respecting all local and international regulations, the printed tax-free form is fully compliant, and in some countries, such as France, it is linked to Customs to synchronise with local systems. 

Cash Usage – The truth about the death of cash

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

Crane Payment Innovations (CPI) : Events

31st August 2015 to 03rd September 2015  NPA’s 64th Annual Convention & Expo is the one event of the year that brings together the foremost experts and resources in the parking industry Source: www.cranepi.com SCR 2-denomination recycler CPI will be demonstrating our SCR 2-denomination recycler with multi-bill escrow at the expo. Offering unique value the SCR creates new… Read More »

Do ATMs have place in future payments?

Despite recent figures suggesting people expect to use less cash in the next decade, the ATM is still going strong. In fact, as Link’s figures showed last week, they are actually on the rise in the UK, and if one looks at the recent crop of machines, it becomes clear that they are doing all they can to… Read More »

GTL Credit Card Scanners in All New Payment Kiosks

Global Tel*Link (GTL), the leading provider of correctional technology solutions, today announced that it has begun to include key-injected credit card scanners in all of its new payment kiosk deployments, as well as to perform quarterly inspections and audits of all payment kiosks. With this move, GTL is emphasizing its commitment to the protection of customer data by complying with and going beyond industry standards for customer data security.

Source: www.ciodive.com

Banks Reject New York City IDs, Leaving ‘Unbanked’ on Sidelines

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!

The benefit of bill-payment kiosks

Next, you need to consider user security, since bill-payment kiosks deal with sensitive information. “At a minimum, this means your kiosk needs to meet EMV standards. Bill-payment kiosks need to have an EMV-certified payment system. This means that the data is encrypted from the moment the card is entered, through the kiosk, the gateway, the processor, and the vendor,” said Laura Miller, director of marketing, KioWare Software. In addition, you also need to keep your software and hardware up to date to close security loopholes.

One way to keep your kiosk secure is to use kiosk software to lock down the kiosk and prevent hackers from messing with sensitive data. “Kiosks need to be secured with kiosk software if they are going to be handling sensitive information, particularly of a financial nature. Anything else is a poor substitute that can put users and organizations at risk for data theft or leakage,” Miller said. “Kiosk software is built exactly for this purpose, with file download blocking, browser lockdown, clearing of private data, resetting the browser between users, and EMV-supported payment encryption to secure payment data.”

Bill-payment kiosks can provide great benefits to retail customers, as long as you keep the basics of availability, security and customer experience in mind.

Source: www.kioskmarketplace.com

“At a minimum, this means your kiosk needs to meet EMV standards. Bill-payment kiosks need to have an EMV-certified payment system. This means that the data is encrypted from the moment the card is entered, through the kiosk, the gateway, the processor, and the vendor,” said Laura Miller, director of marketing, KioWare Software. In addition, you also need to keep your software and hardware up to date to close security loopholes.

Swedish central bank calls halt on moves to a cashless economy

While other central banks ruminate on ways to replace cash with digital currencies, Sweden’s Riksbank is kicking against the grain with calls fo

Source: www.finextra.com

Signed by Stefan Ingves, the Riksbank Governor, the letter states that the banks have reduced their cash handling services too fast, resulting in a lack of cash services in less populated areas in particular, but for the public in general.


Mike Lee, CEO of the ATMIA, says: “This is a victory for common sense and for the future balance of the Swedish consumer economy and I’d like to congratulate the Swedish Riksbank for seeing through the mirage of anti-cash propaganda in the media to reveal the basic economic right of free citizens to choose their own payment methods at all times, whether cash or digital.”

Case Study – Courthouse Bill Payment with MEI BNR

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 »

Financial kiosk – The Value Added Tax refund kiosk

A Star2 reader, who is a frequent traveller, shares her experiences on value added tax and the extremely tiring process of claiming it back.

Source: www.star2.com

In France, they have an automated kiosk called Pablo. Once Pablo approves your form, you don’t need to go to the customs counter at all; you can just line up and obtain your cash refund or put the form in the box and later get your refund credited into your nominated credit card.


Restaurant News – Global Payments Acquires SICOM

Global Payments to Acquire SICOM Systems, a Leading Provider of Enterprise Technology Solutions to Restaurants September 27, 2018 04:05 PM Eastern Daylight Time ATLANTA–(BUSINESS WIRE)–Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, announced today an agreement to acquire SICOM Systems, Inc. from LLR Partners. SICOM provides enterprise, cloud-based software as a… Read More »