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July 5, 2006

Philadelphia Area Coke Machines to Take Credit Cards
MasterCard and the Philadelphia Coca-Cola Bottling Company announced last week the rollout of 1,000 credit-card enabled vending machines for Coke products. Customers with credit cards equipped with MasterCard's PayPass contactless technology will be able to make a purchase by tapping their cards on the machines' e-Port payment terminal (supplied by USA Technologies). Other credit card users can make purchases via the traditional card swiping method.

Earlier trials by MasterCard and USA Technologies in New York City and Atlanta led to the larger rollout in Philadelphia.

MasterCard PayPass uses radio frequency to transmit payment details. PayPass cards also include magnetic stripe technology, so the cards can also be used in their traditional manner. According to MasterCard, there are approximately seven million PayPass cards and devices in the market & approximately 30,000 merchant locations around the world that accept PayPass.

 

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