Picture this: you have your MarketOne Snack 6W Vending Machine all set up. You have snack products you know your customers will love and your machine placed in a high-traffic location. Unfortunately, you quickly realize that your sales and vending machine business profits are not as high as you believe they should be. If you know that you have the right products and the right location, you may need to look at something else. It may be that you are not offering the correct payment options.
One of the standard features on all of Vending.com’s machines is cash and coin payment options. Some of our machines, including the MarketOne series, include PayRange, which is a mobile payment built into the machine’s control board. What about the machines that do not offer any type of cashless payment, though? If you are just relying on cash and coin payments, you could be losing out on sales. In fact, on average, operators are seeing a 30% increase in same-machine sales after adding a cashless payment option.
Vending.com offers a cashless payment option to help increase your vending machine business profits and cater to today’s market. Greenlite Cashless is a card and mobile payment acceptance solution, but it does so much more for your business. It comes with management tools, including machine sales tracking and integrated cash and cashless reporting. Aside from stocking the machine, everything can be done remotely, saving you visits to your vending machine.
Adding Greenlite to your machine is easy! All you have to do is contact your sales representative to get started. Greenlite offers various business options, so simply choose the one that fits your business needs, fill out the appropriate forms and get started!
To find out more information about Greenlite, or any other features Vending.com has to offer, give us a call at 1-855-981-9367 or contact us here! We cannot wait to help you get started today!
If recent trends are to be believed, the concept of paying for goods and services in cash may be a thing of the past – at least as far as millennials are concerned. More and more young people are increasingly paying with Apple Pay and similar types of mobile payment systems that rely more on technology and less on good, old-fashioned currency.
What is Mobile Payment?
Mobile payment uses credit, debit card or bank account information tied to a user’s smartphone to allow them to use technology like near field communication to pay for goods and services at many stores. Apple Pay is perhaps the most famous mobile payment system currently in existence, which allows users to pay for items using their iPhone 6 or similar iOS 8-powered devices. It launched in October of 2014, though it has long since been joined by similar services from many leading providers.
Mobile Payment and Vending Machines
Mobile payment vending machines are gaining a great deal of traction. Vending machines are already designed to offer quick, convenient experiences. This experience has only been made even faster and more efficient thanks to the fact that users can pay for items in seconds using their smartphones, smart watches and similar types of devices. These types of situations also have the benefit of being safer and more secure than a vending machine with a credit card reader.
One example of a mobile payment vending option is the GreenLite Credit Card Reader by Vending.com. It’s a turn-key, cashless technology that is totally secure and offers management 24 hours a day, seven days a week. Built into GreenLite are a number of features that make it incredibly attractive to providers like machine sales tracking, integrated cash versus cashless reporting, alerts for the health and status of a particular machine and more.
In addition to making the vending experience more pleasing for consumers, it’s also making it easier for the vendors themselves to manage their machines and make sure that they’re performing to peak efficiency than ever before.
Keeping up with the breakneck pace of technology has long been seen as a cost of doing business in the modern world. Thanks to mobile payment technology and services like the GreenLite system from Vending.com, however, technology is actually encouraging the investment for vending machine operators and providers all over the world. In addition to turning vending machines into a more customer-centric experience, they also bring with them a host of benefits that would have been thought to be impossible just a few short years ago.