Vending machine offer faster service, a wider selection of products and 24/7 access. Lately, cashless payment is transforming the vending industry, with customers increasingly short on cash and long on electronic payment means such as local debit or credit cards, mobile phones or digital wallets. The vending industry is seeking opportunities to capture more impulse purchases and higher spending per customer, while maintaining margins through improved price-setting flexibility.
- Capture domestic and foreign customer impulse purchases due to lack of change
- Increase spending per customer (multi-purchase scenarios, easier access to value goods, special offers like loyalty program/card/smartphone applications, coupons)
- Improve pricing flexibility by enabling price adjustment to the cent
- Decrease cash management cost : direct(handling) and indirect(evaporation, security vandalism)
- Aggregate cashless transactions for lower acquisition cost
- PIN and BEACON function of PAYⓜGATE series may provide potential customers with a variety of push services with mobile applications so that vending itself will be able to be kinds of marketing tools.
- PIN pad may use for improving security for loyalty program like cashback card system
- Monitor nationality, multi-purchase, average ticket, date, location.. To increase knowledge of consumer behavior and push specific discount
- Leverage centralized cashless solutions to implement loyalty programs
- Leverage cashless systems to integrate complete third party telemetry solutions