Wednesday, November 14, 2018
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Tag: Contactless

Hannibal: DCMS must reconsider debit card prohibition

Peter Hannibal DCMS
“If the Daily Mail article has any substance the news will serve to accelerate the migration of commerce from cash to digital cash and gaming machines will in turn get marginalised to a greater degree than they are currently. The Gambling Business Group is calling on the DCMS to reconsider the ill-judged dismissal of the request for the removal...

Britain could be cashless in 10 years despite risks

contactless
Recent studies have shown that many British consumers believe a cashless society may come to pass within the next 10 years, despite recent warnings of what over reliance could bring. Research conducted by the business insight experts, Equifax, has revealed that more than one third of Britons believe that the UK economy will be a cashless one within the next...

Cashless overtakes cash for the first time in the UK, says new research

Cashless payment phone
Research from trade association UK Finance has said almost two-thirds of people in the UK are now using contactless, with 13.2 billion card payments in 2017 overtaking cash payments (13.1 billion) for the first time. Cash is still the second most frequently used payment method, accounting for 34% of all payments in 2017, but that figure is expected to fall...

E-Service to demonstrate Thomas change machine at Park Avenue

Contactless payments
The Park Avenue Open Day will see support company E-Service demonstrating the new addition to the Thomas change machine range. Thomas change machines can now be fitted with the Nayax contactless payment terminal to allow change to be dispensed at the tap of any contactless card. This innovative solution can be fitted to the vast majority of the Thomas range...

Hollywood Bowl customers ’embrace Embed’ following Bandai Namco installation

Coinslot Embed Smart Touch Cashless Bandai Namco Hollywood Bowl
Customers at the newly refurbished Hollywood Bowl, Oxford are embracing the cashless revolution with enthusiasm following the installation of the latest Embed Cashless system which has been completed on time and on budget by Bandai Namco Services.   The 50 machine venue, which features a range of equipment including video, redemption, pool, prize and sports games, underwent a seamless installation of...

Card declined: Gov doesn’t want to touch contactless

Coinslot - Card cash
The findings presented in the DCMS’ Consultation on proposals for changes to Gaming Machines and Social Responsibility Measures came as a blow to the campaign for contactless payments on gaming machines.   The report acknowledged that “respondents from across all sectors, with the exception of bookmakers, submitted proposals for the introduction of contactless payments” reflecting wider spending trends and the increase...

Cards overtakes cash, but the king is not dead yet

Coinslot - Card cash
The ATM turns 50, Visa declare war on cash, and the British Retail Consortium reveal that more than half of all payments in the UK were made on a card in 2016. The landscape of payments is changing and there is no doubt that the industry’s regulation must keep up - but is a completely cashless society beneficial or...

Challenges and opportunities underpinning the year ahead

Coinslot Nick Harding
Praesepe CEO Nick Harding offers his assessment on three key issues facing the amusements market as it enters into a new and potentially transformative year. The Triennial Review
 Well, at last the process has started. The Triennial Review of stakes and prizes was finally announced by the government after, literally years of lobbying by the industry, a programme which Praesepe played...

Quentin Stott on the 2017 gaming machine market

Reflex Gaming’s MD, Quentin Stott, gives us his impression of the gaming machine market in 2017 and how his company is leading the charge for contactless technology.   Coinslot: How do you think the gaming machine sector fared during 2016? What are the key challenges facing it in the year ahead? Quentin Stott: 2016 was witness to another year of a changing...

Contactless transactions up 166 percent in 2016

Coinslot, Contactless,
Contactless transactions in the UK rose by 166 percent during 2016, according to the latest Barclaycard Contactless Spending Index. Almost half of all eligible transactions in London (those up to £30 where contactless is accepted) were made using quick payment methods. Manchester showed the most rapid rise, undergoing a massive annual increase of 325 percent, with Glasgow, Blackpool and Hull...

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

Coinslot Praesepe Contactless Nick Harding
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...

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