Gaming can’t contemplate a future without contactless – states Harding

Coinslot Praesepe Contactless Nick Harding
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Praesepe CEO, Nick Harding, explains his thoughts on contactless payments and the future of the gaming machine industry.

Nick Harding, CEO of the UK AGC, Bingo Club and FEC operator, Praesepe, believes that any delay in being able to apply contactless payment methods on gaming machines, will be damaging for the industry at large but catastrophic for the domestic pub industry.

In an interview to be published in this week’s Coinslot, Nick Harding commented: “I think for the pub sector, which really is the driver for low stake gaming in the UK, a future without contactless is too bleak for words.

 

“We are dealing with a tsunami of change and none of its loose change! More and more leisure facilities are no longer accepting cash payments. I was at the Emirates for the Arsenal Spurs game at the weekend and the food concessions were card only.”

 

You just have to look at the facts. In September the number of contactless transactions in the UK increased by 270% year-on-year. Great news for all of us who seek simplicity and speed of transaction but an unmitigated disaster for an industry which is based around players using their loose change to while away some dwell time and be entertained in the process.”

He continued: “We are dealing with a tsunami of change and none of its loose change! More and more leisure facilities are no longer accepting cash payments. I was at the Emirates for the Arsenal Spurs game at the weekend and the food concessions were card only. To start with, machines in single sites need to be TiTo enabled and then the industry, in all of its guises, has to lobby for the changes needed in legislation to enable machines to accept contactless. For the pub sector I think you can make a strong case for contactless being as important as getting a positive Triennial Review.”

For the full interview read this week’s Coinslot.


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