A Kaulkin Ginsberg Publication
Ontario
03/20/2010

Coke Bottler to Convert Vending Machines to Cashless Credit Card Payments

April 9, 2007
 
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MasterCard Worldwide and USA Technologies announced today that Coca-Cola Bottling Company United Inc., the third largest bottler in America, is installing cashless payment technology in vending machines.
 
The two companies reported that Coca-Cola United has begun equipping its vending machines with USA Technologies' e-Port® G6 to accept MasterCard® PayPass(TM) contactless payments as well as traditional magnetic stripe credit card payments.

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"Our mission at Coca-Cola United is to provide customers with top quality products in the most convenient way," said Thacher Worthen, Vice President of Marketing. "We are excited about the benefits that credit card payment options will bring to our customers. The United States is rapidly becoming a 'plastic nation' with fast food restaurants and convenience stores accepting credit and debit cards, and we feel the time is right to begin providing these same payment options to our customers. USA Technologies' e-Port and MasterCard PayPass offer our customers a solution that delivers a much faster, easier and more convenient purchasing experience."

Based in Birmingham, Alabama, Coca-Cola United dispenses all brands of Coca-Cola, as well as Sprite, Barq's root beer, Fanta, and Dasani water.

The cashless vending machines will be deployed by Coca-Cola United in multiple markets in the Coca-Cola Company's home market, reaching consumers from Atlanta, Georgia, to Baton Rouge, Louisiana.

"More and more consumers are telling us they want to use payment cards for small purchases from vending machines, and together with USA Technologies and Coca-Cola United, MasterCard is responding to this demand," said T.J. Sharkey, Group Head, National Accounts, U.S. Commerce Development, MasterCard Worldwide. "MasterCard PayPass provides greater speed and convenience for consumers making purchases from vending machines, while helping vending operators improve efficiencies and drive increased revenues."

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