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European Vending Association releases electronic payment specification

February 13, 2020

The European Vending Association has released Version 2 of its electronic payment specification, bringing changes and updates in order to be easily understood and open to newer payment schemes and technologies.

Version 2 consists of two distinct volumes, with one focusing on the mechanical requirements for fitting terminals to vending machines, and the other volume on vending-specific communication protocols, according to a press release. The split is designed to allow similar industries to use, adopt and implement the mechanical dimensions, while yet giving the freedom to choose and determine which protocol(s) are best used in that particular industry. 

The EPS defines a minimum set of requirements to be followed by vending machines and electronic payment systems to ensure mutual compatibility. Both hardware and software/communication specifications were covered in the initial version as well as in a recent comprehensive update.

The EVA EPS also includes a purchase process which is user-friendly and consistent with that experienced by consumers using other payment methods. Terminal manufacturers can also apply for an EPS compliance code for their payment terminals in order to demonstrate they follow the standard.

"The strong usage of NFC and contactless cards as well as mobile wallets in retail will also lead into a significant growth of cashless payment in vending," Jürgen Göbel, member of the EVA executive committee representing payment systems and vending solutions, said in the press release. "The mutual compatibility of electronic payment systems and vending machines reduces the cost of integration."

"This new version brings added clarity and an ease of understanding for all users, through new explanations, recommendations and a greater recognition of newer payment methodologies," Mihai Ungureanu, founder and CEO of the Romanian vending operator OFresh and EVA executive committee member, said in the press release.

The new EPS can be downloaded for free from the EVA website (after registration), and supersedes Version 1.

Image courtesy of European Vending Association.