Saturday, January 22, 2022

Tag: payments

OKTO bags three prestigious nominations in SBC Awards

Simon Dorsen OKTO SBC Award nominations
OKTO has confirmed its status as the gaming industry’s leading digital payment solutions provider, having been nominated in three Payments Categories in this year’s SBC Awards.

Boom time: August bank holiday spend biggest since Christmas 2019

Barclaycard data card transactions August Bank Holiday
Barclaycard has revealed UK card transactions made during the August bank holiday were the highest since Christmas 2019, with leisure and entertainment the biggest benefactors.

Is cash a king in abdication or will the seaside sector remain a loyal territory?

Cash Seaside sector gambling 2p Pusher
Poppleston Allen solicitor and gambling industry expert Imogen Moss tackles the big debate on cash in the modern society. Whilst coins and notes are fighting to retain their place on the currency ladder, she suggests the future for arcades is brighter than many may think.

Comment: An industry stuck in the past as everyone else embraces the future / Banksy vandalism

Comment payments low stake gambling Banksy vandalism
Latest payments advances don’t apply to low stake gambling entertainment (again!) When will the industry be allowed to join the 21st century?

OKTO unlocks digital payments directly on to Regal gaming machines across UK pubs

Okto.wallet Regal Gaming UK Pubs
Regal Gaming has raised the bar for pubgoers with the introduction of OKTO.WALLET which allows machine players across the UK to make secure, cashless, mobile payments.

OKTO receives double-shortlisting in the 2020 SBC Awards

OKTO SBC Awards finalist
OKTO, the financial technology provider specialising in digital payment and player engagement applications, has been announced as a finalist in the 2020 SBC Awards in two categories: “Payment Solution of the Year” and “Payments Innovation of the Year”.

Stott: Treading a path of honour in difficult times

Quentin Stott Reflex Gaming
Making good on all payments to suppliers has been a key priority of Quentin Stott of Reflex Gaming’s lockdown philosophy - second only to the safety of his staff.

Bacta CEO to meet with Director of the Bank of England

Bank of England Sarah John meet Bacta
Bacta chief executive John White will have the opportunity to progress key issues of relevance to the membership regarding payments, frauds and the..

Cashless key for Rimini Solutions and Ask Global

Cashless, Rimini Solutions, Ask Global, payments
Rimini Guardian, under the Ask Global Solutions banner, showcased the latest developments in its payment processing systems. With cashless set to make headlines this year, the firm’s payment kiosks, SAS and multi protocol accounting and cashless systems proved extremely popular with delegates. “We saw a lot of demonstrations, and people wanting to talk about cashless systems,” said marketing spokesman Martin Bush....

ICE London adds up as the ‘place to launch’ for first-time exhibitor, Count On Us

Count On Us ICE London Sara Taylor
The UK-based cash handling specialist, Count On Us, will be using ICE London 2019 to officially unveil what it is describing as a 'unique card counting machine’, citing the ICE brand’s record-breaking physical size and its ability to deliver an international audience as creating the perfect platform for a product that has been two years in R&D.

Payment solutions to have dedicated feature at 2018 ICE

Coinslot, Contactless,
  The 2018 edition of ICE London, taking place from 6-8 February, ExCeL London, UK, will feature a substantial new 4,000sqm section located in halls N8 and N9 dedicated to the fast moving world of payments.   Greg Saint, event director responsible for ICE London, believes the Payment Solu tions Section will be high on the list of “must see” features for...

Eurocoin to display portfolio at Olympia

eurocoin _systems_loyalty_banner_v2
The Eurocoin Group have developed a new division, Eurocoin Systems, to develop, install and support the company’s main networked payment and management solutions for UK operators.   They will be displaying their portfolio at this year's Autumn Coin-op Show (ACOS) show on the E-Service stand, whose experienced field service team provide national support for the business. “Eurocoin Systems now incorporates our major...

Suzohapp’s cash sorting brand welcomed in UK

Coinslot - UK suzohapp scan
Suzohapp has announced that Scan Coin, its brand of coin and banknote organising tools, has firmly established itself in the UK amusements market.   In a statement the gaming and amusements parts manufacturer praised the subsidiary brand for its versatility. The SC-8220 (pictured), for example, can count a number of chosen currencies or just the first currency according to the first note...

New £1 coin hailed as the “most secure coin in the world”

Coinslot - £1 coin royal mint
More 12-sided £1 coins are now in circulation than round ones, and operators are starting to see the benefits of this new and, according to government officials, ‘unforged’ coin. So has it been worth the massive investment?   The exchequer secretary to the treasury has announced that the new £1 coin is yet to be forged, providing welcome news to arcade...

Bank of England provides insight into the future of cash

Coinslot - Bank of England Victoria Cleland
On the 50th anniversary of the ATM, Victoria Cleland, chief cashier and director of notes at the Bank of England, explains that rumours of a cashless society have been greatly exaggerated.   Analysing such statistics and the presence of a myriad of different payment types has led many to predict the death of cash. But if we dig further, it is...

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...

Lucky 13 for Embed and Nickels and Dimes’ Tilt Studios

Coinslot - FECs Embed Nickels Dimes
The Tilt Studio premiere FECs chain, owned by Nickels and Dime’s, is opening a number of new venues to be fitted by Embed this summer taking the total number to 13.   With three new Tilt Studio locations opening in Hawaii in the next month, Nickels and Dimes continues to rely on Embed as their preferred cashless, point of sale and...

Osborne planned 2p removal and a move to a cashless society by 2020

Coinslot - Osborne 2p
George Osborne previously attempted to scrap the 1p and 2p pieces in 2015 in a move towards “modernising” society but the change was blocked by David Cameron.   Former chancellor of the exchequer George Osborne came within weeks of announcing plans to take 1p and 2p pieces out of circulation - in a move that would have meant enormous consequences for...

Full market chain support driving progress

Coinslot - SuzoHapp support
Providing up-to-date cash handling support for the entire market chain is paying dividends according to John Vallis, UK sales director, vice president amusement sales EMEA Suzohapp, and is a testament to the strength of cash in the modern market.   The flow of cash is the lifeblood of any market, and within the amusements sector the correct management of it can...

Cash solution diversity can be key growth driver

Coinslot - Cummins Cash solutions
There are great gains to be found in a diversity of cash intake solutions for all aspects of the market, according to Paul Clay, sales manager at Cummins Allison, and now is the perfect time to get on board with this burgeoning trend.   What innovations are driving growth in the cash handling sector? “One of the key drivers at the moment...

Andy Bullock explores the cash handling revolution

Coinslot - Andy Bullock
Cash handling is an ever-evolving world wherein constant innovation and progression is a necessity for positive performance. Andy Bullock, business development manager at Innovative Technology, takes stock of this.   The market is all change at present, and the options available to operators have never been greater. New currencies entering the UK market have heralded a sea change for the coin...

Thomas on the flip side of the pound coin

Coinslot - Ivor Thomas pound coin
The new pound coin is expected to cost the industry millions of pounds, but some operators, such as Ivor Thomas’s Paul Thomas, are content to grin and bear the cost in the hope that new coins will prove to be as secure as advertised.   The 28 March, 2017 is a date firmly imprinted on the minds of everyone in coinop,...