Wednesday, August 30, 2006

Bill Acceptors Need an Upgrade

Many operators realize that they need to upgrade their bill acceptors by adding coin mechanisms that have inventory management system to run entire routes. Antares vending operators as well as other operators need to always upgrade their technology not only for the currency changes, but also to proactively integrate technology that will minimize other risks associated with cash storage, theft and shrinkage.

Spending money on technology upgrades, like going from a 4 tube to 5 tube changer, will drive favorable results with customers. As an Antares operator you can implement different advanced technology systems in your vending machines which will always bring in positive results from your customers.

Improved customer satisfaction and gaining more market share from competitors is the primary focus of operators who see the $20 denomination becoming increasingly important to the vending industry.

Antares vending operators should accept the new $20 bill in change machines and vending machines. Operators who have not accepted this $20 bill, risk turning away customers and exposing their Achilles heel to competitors.

Antares vending operators should be able to respond to shifting consumer purchasing patterns and change the way they manage their inventory.

As an Antares vending operator you will need to upgrade your security features, because advances in technology are making digital counterfeiting of currency easier and cheaper. In 1995, for example, less than 1 percent of counterfeit notes detected in the U.S. were digitally produced. By 2002, the number had grown to nearly 40 %.

Antares vending operators need to be armed to accept only valid currency, as well as reject counterfeit currency. Counterfeiters are using more sophisticated fraud techniques, so you will need to be armed to counter this.

The vending industry needs to be prepared for the future by upgrading their bill acceptors. Antares operators should take the opportunity to enhance their equipment; hence they will see the payoff from customers who look to vending for purchases of snacks and soft drinks.

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