Simplifying Payment Options for Your Customers

Due to the national coin shortage and vending customers looking to pay for products through a mobile wallet or credit card, many vending businesses must look for other ways to accept payments on their machines. One way to do this is by utilizing PayRange, a leading mobile payment app. This fast and secure app allows customers to purchase products, without carrying around cash or coins.

PayRange, which is a standard feature on our MarketOne vending machines, is a simple app that makes it easy for users to purchase products from your vending machine. Users simply download the app and load money onto the app from a major credit or debit card or Apple Pay, Google Pay or Masterpass. From there, users swipe up to purchase the product or products they desire.

Using PayRange benefits more than just the machine’s customers. It also benefits the machine’s operator. PayRange allows operators to utilize coupons and special promotions to customers, such as the first product free or loyalty points. Operators can build a marketing plan for their business that leads to increased spend by customers. 

As with many payment options, vending operators must have the proper equipment in order to utilize PayRange. This also means creating an account to ensure that they are receiving the money they deserve. PayRange is not free to use, but it does make it easy to help increase sales on your vending equipment and reduces direct contact between your customers and your machine.

Aside from it being a convenience for your customers, providing cashless payment options are a huge benefit to you. Many vending operators have seen an increase as high as 35% on their vending equipment, after adding a cashless option for their machine. Additionally, operators have seen a decrease in operating costs, since many cashless options have reporting features available. By foregoing a cashless option, you are not only doing a disservice to your customers, but to your vending business as well.

PayRange is a simple-to-use app that helps increase revenue on your vending equipment while being easy for your customers to use. To find out more about cashless payment options on your vending equipment, give us a call at 1-800-548-1982 or fill out our contact form.

The Future of Vending

There are a lot of unknowns occurring in the world right now. Some industries and businesses are thriving, while many, unfortunately, are struggling. While the vending industry is facing some challenges during this time, this is also an opportunity to reflect on how the vending industry and your business and grow and thrive. So, what exactly does the future of vending look like? Keep reading to find out.

Touch Screen Capabilities

We understand that not all vending machines have the capability to have a touchscreen device on them. If they can, however, your customers will appreciate the fact that they are safe and easy-to-use. Having a touchscreen also ensures your customers do not necessarily have to directly touch your vending machine. For instance, your customers can use a stylus to purchase the products they are craving. This ensures your customers will have very little contact with your machine.

Cashless Payments

The growth of COVID-19 has led to the growth of digital payments. While the chances of COVID-19 being passed between currencies is very low, many people have grown weary of paying with cash or coins. This shift does not bode well for vending businesses who only accept cash and coin payments.

By not accepting cashless payments, not only are you not catering to your customers’ needs during this time, but you are also losing out on sales. By integrating a cashless card reader into your business, such as Greenlite, you are putting yourself in the position to increase sales, while giving your customers what they need. Greenlite accepts cashless payments including debit cards, credit cards and mobile wallets, such as Google Pay and Apple Pay.

Provide Your Customers with the Necessities

More than likely, customers are not going to stop craving a candy bar or something to drink. However, many customers, stores, offices and health care facilities are needing products outside of just candy and beverages. Give your customers access to not just the products they want, but the products they need with a PPE Vending Machine. Fill this machine with hand sanitizers, face masks and cleaning wipes to keep your customers and your facility safe.

Things are constantly changing. As a vending business, it is your job to change with it. For more information about touch screen capabilities, Greenlite or PPE vending, contact Vending.com at 1-800-548-1982.

Cashless vending. You need it.

When it comes to boosting your profits, you’ll want to accept as many forms of payment as possible. Consumers who have the ability to pay according to various methods have a higher chance of becoming not only a customer, but a repeat customer.

Did you know that one in five people don’t ever carry cash on them? This means that they can’t make a purchase if no other form of payment is offered.

Here are three important facts to remember about mobile payment:

  • There are more than a billion transactions in the US each year that don’t involve cash.
  • Over the next few years, these transactions will increase by as much as 16%
  • Cashless workplace transactions total 27% on average, which is a 62% increase when compared to the past two years

Greenlite Cashless

Cashless vending. You need it.

Greenlite by Vending.com

With Greenlite cashless, you’re able to customize your vending equipment so that multiple types of payment can be accepted. The software also facilitates processes that reduce the costs of filling the equipment thanks to integrated remote reporting. Relying on web-based reporting and management tools, Greenlite vending allows businesses to increase their return on investment in a very significant way.

One of the biggest advantages of the Greenlite system has to do with the type of machine sales tracking that it offers businesses. Before, you may have been used to using your best judgment regarding which types of products you should be ordering and in what quantities. With machine sales tracking, you now have actionable, real-time information regarding trends, likes and dislikes that are all derived from actual consumer behavior. You can not only tell what products are selling but how quickly and at what times of the day. Businesses no longer have to rely solely on “instinct’ when it comes to making purchasing decisions – they now have actual hard data that they can use instead.

Greenlite also allows businesses to integrate two-tier pricing depending on location. A business might offer a discount on certain items for people who choose to pay with cash, for example. The system also includes helpful alerts that will provide constant updates on the health and status of the machine in question, making it easier to identify when repairs are necessary and when replacement parts need to be ordered.

Mobile Payment Within Vending

Vending.com is helping the vending industry keep up with the mobile payment trend by working with key partners such as PayRange. Through this partnership,  PayRange can be added to Vending.com’s vending machines. Faster than inserting coins into a machine, PayRange is the quickest way to pay for the things you do often. Use all major credit and debit cards or add funds via Apple Pay, Android Pay or Masterpass.

Have questions? Ready to give it a try? Give us a call at 1-855-712-8693 or visit our website.

Cashless Vending, More Than Just a Trend

Organizations all over the world have long been looking for new and unique ways to innovate with regards to the types of vending machine products that they rely heavily on daily. When these types of machines are available in many public places wherever you go, it can be difficult for a vending machine manufacturer to really stand out in a crowd. One of the major innovations of the last decade was a machine that accepted credit and debit cards in addition to cash. Now, many companies are moving towards the idea of completely cashless vending for the benefit of consumers everywhere.

What is Cashless Vending?

Thought it may be logical to assume that cashless vending is “just” a vending machine that also takes credit or debit cards, this isn’t entirely accurate. A true cashless vending solution will also accept the types of mobile payment systems that customers are embracing today, like Apple Pay and similar services. Users can swipe their smartphone near an NFC reader located on the machine itself to automatically deduct money from an associated account. This makes the entire vending process easier and more secure than it has ever been.

Greenlite by Vending.com

greeliteOne bold example of this type of technology at work is the new Greenlite system by Vending.com. It’s a turn-key cashless solution that relies instead on the latest card and mobile payment systems, along with the type of web-based reporting and management tools that allow businesses to increase their return on investment in a very significant way.

One of the biggest advantages of the Greenlite system has to do with the type of machine sales tracking that it offers businesses. In the “old days” of vending machines, you essentially had to use your best judgment regarding which types of products you should be ordering and in what quantities. With machine sales tracking, you now have actionable, real-time information regarding trends, likes and dislikes that are all derived from actual consumer behavior. You can not only tell what products are selling but how quickly and at what times of the day. Businesses no longer have to rely solely on “instinct’ when it comes to making purchasing decisions – they now have actual hard data that they can use instead.

Greenlite also allows businesses to integrate two-tier pricing depending on location. A business might offer a discount on certain items for people who choose to pay with cash, for example. The system also includes helpful alerts that will provide constant updates on the health and status of the machine in question, making it easier to identify when repairs are necessary and when replacement parts need to be ordered.