Today’s Vending Operators Are Warming Up To New Technology

With the costs of upgrading older equipment becoming affordable, even the smallest of today’s vending operators are warming up to new technology which enables payments with mobile phones and other cashless methods, allowing them to remain competitive with their peers.  

One company that’s leading the way with updating cash and coin only vending machines throughout North America is PayRange. This company makes it possible for operators to update the machines at their locations in as little as 30 seconds without having to invest a lot of capital on new hardware and software. According to the company, vending operators can do the installation themselves and it won’t require any hardware costs or transaction fees. 

Once installed, the PayRange technology relieves the operator of internet connectivity or installing expensive hardware because the consumer’s smartphone takes on that task.  Plus, since there is no point of contact with the consumer, the vending operator does not have to be concerned about ADA compliance.  The transaction occurs via the phone in the consumer‘s hand. . 

The technology also enables an operator to capture consumer information so that the business can launch loyalty programs and other promotions to remarket to the individual consumer in the future. 

If a consumer doesn’t want to use PayRange at first, the vending operator can offer a free trial to increase adoption, QR codes, discounts, and other special offers to keep people coming back to the location long after they first visited.  

PayRange is exhibiting at Booth 1813 at the NAMA Show, May 6-8, in Nashville. 

To learn more about PayRange visit their website

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