MatiPay Vending Solution Wins Innovation Award

MatiPay, a mobile payment and telemetry solution that converts vending machines into smart sales points, recently won a CES Innovation Award, marking the second straight year the IoT division of SITAEL, based in Rome, Italy, division has won the award.

MatiPay has been installed on more than 40,000 vending machines and already involves more than 500,000 consumers, who can use their smartphone to buy refreshments and transfer money.

Thanks to a telemetry module that can be easily installed in a few minutes, MatiPay offers exclusives features for vending machines. In particular, it allows operators to communicate with end users directly in order to improve their loyalty and, consequently, the service quality.

One of the features that most attracted the CES jury is the “virtual wallet,” which makes it possible to top-up the app wallet with both credit cards and cash by using coin boxes and banknote readers. Credit can then be used to buy a beverage or a snack as well as to purchase digital goods and services such as transportation tickets, telephone topups and coupons for online shops.

The division is led by Matteo Pertosa.

For more information visit https://www.matipay.com/en/

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