Credit Card Vending
Thursday, July 31st, 2008
Have you ever scanned a vending machine and your eyes landed on the treat that you wanted. You then reach into your pocket, pull out your wallet and open up the fold only to find no cash. Now your out of options, or are you? Some vending machine companies have started to use a credit card mechanism. Now you will be able to swipe that plastic money to get the treat you desire.
With the use of credit card mechanisms added to your vending machines do you think the revenue will be higher? Most people nowadays don’t like to carry cash with them, so those people will now have the added convenience of purchasing snacks and sodas. Reaching out to more people can only increase the revenue, right? So now you would ask your self would it be worth installing the credit card acceptor on your machine, or even buying new new machines? I would have to go with yes. I know I have been at a vending machine where I’d love to get a cold beverage but was out of cash, think of all the people that have been in those shoes before.
The best place to have these machines with credit card acceptors would be at air ports, where people are moving quickly from location to location and don’t have time to stop in a shop but also don’t have the cash with them, but still need a quick snack or drink.
So with this new technology, I think that this will only help the vending industry.