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We are becoming a cashless society, but what is the future of payment systems? What relevance does this have to the UK vending industry? There are now more contactless cards than people in circulation. If that wasn’t evidence enough further legislation in the retail sector has become a driving force behind usage of contactless payments. This of course presents challenges to the UK automatic vending and coffee industry whom occupants often employ a fleet of existing equipment in the market.
We At Connect Vending have always delved into what the latest technology has to offer within our industry and what benefits our clients the most. After few years of intensive research and development on our machines, we can now offer a variety of our vending machines with card readers. What’s more is that these card readers can also be retrofitted to existing machines even if you are not our existing client.
Nowadays, cash is no longer king when it comes to available payment methods that can be used to make purchases from vending machines. In a society where cash; specifically coins are being carried less frequently, coupled with the urge to get a snack but don’t have any change! Many of us have been in that very situation. All of the latest machines will offer use of Apple Pay and Android Pay, all you need to have is your phone, or just your credit/debit card.
Whether you have a few machines spread around the building, or a suite offering full service vending, letting consumers take advantage of cashless vending systems means that they’ll be inclined to make more purchases! It’s simply human nature, but the easier something is, the more often people will do it. This has also been confirmed by our own research at clients sites.