NEWS | Industry Updates
Eva EPS helps operators choose suitable payment solutions
The European Vending & Coffee Service Association (EVA) has published Version 2.1 of its Electronic Payment Specification (EPS). The EVA 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 version 2, released initially in 2020 as a comprehensive update to previous interactions. The EVA EPS also includes a purchase process which is user- friendly and consistent with that experienced by consumers using other payment methods, and terminal manufacturers can also apply for an EPS compliance code for their payment terminals in order to demonstrate they follow the standard. Version 2.1 of the EPS has now been released which updates and clarifies this product compliance and registration process as well as the rules for making an application. As a reminder, the EPS 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. 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 update to version 2.1 was made over the last year thanks to the work, input and experiences from members of the EVA Electronic Payment Committee, made up primarily of payment systems providers and machine manufacturers. The application process for a registered payment terminal can now only be made by an EVA
member or a member company of a national vending association. An EPS registered product means that the company declares that it complies with the rules and guidelines contained within the EPS to ensure mutual payment system and vending machine compatibility. The regularly updated registered product list is publically available and can be viewed on the EVA website. Significantly, this list can provide vending operators with confidence in knowing that by choosing an EPS listed payment solution that it will be compatible with the EPS rules and therefore with a vending machine. The EPS version 2.1 can be downloaded for free from the EVA website (after registration), and supersedes version 2: https://www.
vending-europe.eu/activities/payment/
World food & farming businesses take action to scale regenerative farming
A group of the world’s largest and most influential agribusiness companies and organisations has launched an action plan to scale regenerative farming globally to tackle the impacts of climate change and biodiversity loss. The SMI Agribusiness Task Force’s report “Scaling Regenerative Farming: an action plan” warns that adoption rates are currently lagging far behind the rate needed to effectively tackle climate change. Fresh analysis by Systemiq has revealed that regenerative farming – whilst expanding its footprint over recent years – must triple its
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rate of growth to deliver against the world’s need to limit climate change to 1.5 degrees. It needs to make up at least 40% of global cropland by 2030, up from around 15% today. The Task Force calls for common metrics
and market-based financial incentives for environmental outcomes, targeted government policy and an overhaul of food sourcing – all to make regenerative agriculture a ‘no brainer’ business decision for farmers. The Task Force is comprised of executives
from many of the world’s largest and most influential agribusiness companies and organisations, united by a common
ambition to enable regenerative farming to become mainstream: Bayer, HowGood, Indigo Agriculture, Mars, McCain Foods, McDonald’s, Mondelez, Olam, PepsiCo, Sustainable Food Trust, Waitrose & Partners and Yara International.
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