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Thursday, March 15, 2007

Benefits of Cashless Payment Options

If you have the proper hardware and/or software equipment, your Planet Antares snack and beverage vending machines can be equipped to support cashless payment options. There are three cashless payment options that can be used in vending machines.There are quite a number of benefits that will come with a cashless payment option in your Planet Antares vending machines. These benefits include:

Improved reliability The problems that most people face with vending machines are coin jams or incorrect change. When this occurs with vending machines, it leads to the customer facing frustrations. With a cashless payment option system in your Planet Antares vending machine, you will not have to worry about customers facing such inconveniences.

Reduces administration costs Since there is no handling of cash with a cashless payment option, administration costs are reduced and there is also an improvement in staff safety.

A faster method of payment A cashless payment option in your Planet Antares vending business will mean that the payments will be made faster. There will no longer be long queues at your vending machines since the queue will move much faster. All that a customer has to do is place a card in the vending machine, and wait for the product. This takes a few seconds. If the customer has to insert coins, it means that first the customer will have to look for the coins, insert them, and then wait for change if it is expected. This is what usually causes long queues at vending machines.

Comprehensive financial control With this system in your Planet Antares vending machines, it means that all your accounting trails will be well documented. All accounting information will be accurately recorded. With accurate accounting of the details, you will get to know how your products are selling and which ones are selling faster. In other words you will have control over vending business’ financial details.

Accommodation of additional applications A cashless payment option can accommodate additional applications for access control, time and attendance. This of course will result in your vending business, operating smoothly. The sales in your vending business will increase by a significant percentage as soon as you have placed the system in your vending machines.

All in all, having a cashless payment option will lead to increased vending sales which will of course mean improved profitability. Increased sales would come about as a result of customer satisfaction. Customers will be happier using a cashless system than the traditional system.


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