RFID Contactless Cards Growth: Vending Applications ...

USA Technologies : Exciting Developments in Cashless Vending ...

... "We are collaborating with major players in the credit/debit card industry such as American Express, MasterCard and others to bring contactless payment technology to the vending market; and for us to further participate in the $40 billion US vending business, considered one of the last major cashless opportunities. These companies are conducting multi-million dollar advertising campaigns and shipping millions of new credit cards to consumers with RFID capability. The contactless cards are activated by radio frequency identification (RFID) technology, and are recognized by the e-Port terminal when the consumer either passes the credit card in front of the vending machine, or taps the reader. Our e-Port technology is also designed to continue to let consumers swipe their cards. " ...