Coca-Cola Settles Dispute With Vending-Machine Servicer
Atlanta-based Coca-Cola and a company that makes it possible for consumers to use a debit or credit card to buy a vending-machine beverage have settled a dispute over nearly $1 million in fees collected from the machines.
Coca-Cola Refreshments USA Inc. and USA Technologies Inc. said they have resolved the billing dispute, but did not provide details.
In a federal lawsuit filed last August in Atlanta, CCR, the U.S. bottling and fountain operations of Coca-Cola, said Malvern, Pa.-based USA Technologies failed to disconnect its card-reading devices on Coke vending machines and continued to collect monthly fees as if it were still servicing the devices and processing transactions.
USA Technologies received 5 percent of a vending machine’s monthly proceeds as a service fee and then “a percentage” for processing transactions after soft drinks were purchased, according to the suit. The remainder of the “cash-free revenue” was turned over to CCR, the suit said.
In a statement, CCR called USA Technologies “a valid, authorized supplier to Coca-Cola Refreshments and the Coca-Cola system.”
This article appeared in print in edition of Hamodia.
To Read The Full Story
Are you already a subscriber?
Click "Sign In" to log in!
Become a Web Subscriber
Click “Subscribe” below to begin the process of becoming a new subscriber.
Become a Print + Web Subscriber
Click “Subscribe” below to begin the process of becoming a new subscriber.
Renew Print + Web Subscription
Click “Renew Subscription” below to begin the process of renewing your subscription.