Friday, May 15, 2009

Cashless Technique In Planet Antares Vending

Convenience is the key to pleasing consumers and the automatic merchandising industry will not let them odwn in the near future, especially with all the beenfits that are offered by cashless vending. Telemetry solutions and electronic cash promise faster implementation of cashless options in full-line vending.

A part of the movement by telemetry providers to serve the automatic merchandising industry are the credit and bank card readers. Some industry veterans also argue that cashless transactions are not the most important advantage offered by telemetry, in fact cashless systems do represent one of it’s obvious consumer benefits.

For Planet Antares vending operators, credit and prepaid card acceptance will enhance product accountability at the machine level. Moreover, it will reduce liabilities associated with cash, and also enable faster transactions. Enhanced customer convenience will translate into higher sales, while improved efficiencies will result in a more profitable business.

In view of the fast changing consumer lifestyles, faster transactions have become important. The traditional meals have been replaced by “eating on the go” snacks and beverages. This means that convenience has become critical to consumers. As a result, Planet Antares vending operators, who have previously enjoyed customer loyalty, have faced more competition from quick service restaurants, c-stores and speciality retailers for on-the-go dining. If you want to survive the competition, cashless payment options are a great tool.

Due to their limitations, magnetic stripe and smart card systmes are not being widely used in vending machines. Most vending operators provide these systems when requested to by an account. On the other hand, credit and bank debit card systems can be used by anyone who carries them and this gives them the potential to become standard peripherals in the Planet Antares vending equipment.

Some vending operators have observed that card readers will increase the vending sales because they will encourage consumers to spend more money. The card purchase will leave an electronic trail of what was purchased, when and by whom. This will do a lot for the vending industry.

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